hotel purchase

Hotel for Sale in Barbados, Caribbean

We have a privately listed hotel for sale in Barbados ideally located in Christ Church. The hotel is operating daily and is in good condition with room for development. It is two minutes walk away from amazing beaches and many amenities. This property has a large swimming pool, restaurant on site and 24 self contained apartments with Kitchens ranging from studios to superior apartments sleeping 4...

Marriott buys big into Barbados with plans for all-inclusive resorts. And it bought a New York hotel, too.

Bethesda-based Marriott International Inc. (NASDAQ: MAR) announced Friday it has an agreement to buy Elegant Hotels Group, which owns and operates seven hotels and a beachfront restaurant on the island of Barbados. Per a release, Marriott’s all-cash offer values Elegant at roughly $199 million, including its $68.9 million in total net debt.   Elegant’s seven hotels total 588 rooms,...

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