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Ritz Carlton Mulls Move To Eleuthera
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Page 1 of 1Total of 2 messages
Posted by:Feb 16th 2006, 04:31:25 pm
ColinWhile investment by large foreign corporations is an excellent indication of the high regard in which they hold the Bahamas as a "destination" I do get a bit chary about this sort of interest in Eleuthera.
Why? Because it may mean they are eyeing Briland. Why might that be unfortunate? Briland is tiny and already struggling under the weight of development that has occured. All the postings here about the state of the bay and the fisheries, the likely effects of the planned development so roundly criticized by the PM lead me to think that any large development would just be too much for the island to handle.
So I wish Eleuthera, with its fairly steady water supplies and much more extensive landmass, all the best as Ritz-Carlton and others eye its shores.
Hands off Briland unless you're going to stay pretty small and be self-sufficient!
Posted by:Feb 16th 2006, 02:39:39 pm
Fig Tree News Team
15th February
Ritz-Carlton May Head To Eleuthera
The luxury resort chain, Ritz-Carlton, is eyeing the prospects of involvement in an Eleuthera project, according to government officials.

Prime Minister Perry Christie, right, shakes hands with Ezzat Coutry, senior vice president of Ritz-Carlton for Florida and the Caribbean, after arriving for the press conference and contract signing between Ritz-Carlton and the Bahamas Government on Monday at the Cabinet Office. (BIS Photo: Tim Aylen)
At the signing of the $500 million Ritz-Carlton Rose Island heads of agreement at the Cabinet Office on Monday, Prime Minister Perry Christie said the fact that the resort chain is eyeing other islands in The Bahamas "clearly demonstrates your confidence in the government and people of The Bahamas. As you are aware tourism is our main industry. This is so not only because of our geographical and physical features, but also because of the warmth of our people."

Ritz-Carlton is also entering into partnership in Abaco and will carry out a $200 million expansion on that island.

The prime minister noted that the Ritz-Carlton joins other companies like Kerzner International, Riu, Baha Mar, and Ginn in adding to the quality product of The Bahamas.

"The Ritz-Carlton, Atlantis Resort, Riu, and Baha Mar, whose developments will bring to this destination a prestigious collection of hospitality brands in the world including Starwood Hotels, St. Regis, Westin, Sheraton, and Harrah’s Entertainment, Four Seasons Resort, Ginn Development, and many others, speak directly to the dynamic and strong belief in the Bahamian product by international investors and to the quality of The Bahamas as a resort destination," Mr. Christie said.

"This together with an upgrade to existing facilities at Nassau International Airport and to airports around The Bahamas will indeed take tourism in our country to the ultimate world class level."

Scheduled to open in 2009, The Ritz-Carlton Rose Island, Bahamas will be an integral part of a Ritz-Carlton-branded, private, 230-acre enclave which will eventually include, in addition to the hotel, a sheltered marina for yachts, estate homes, condominiums, and townhouses. It will provide a new level of luxury in one of the Caribbean's most idyllic vacation settings.

Ezzat Coutry, senior vice president of Ritz-Carlton for Florida and the Caribbean, called the planned resort "the ultimate destination of choice for people who put a premium on privacy, yet also want to be near destinations like Paradise Island, which provide an array of recreational, shopping, and dining opportunities."

"At Ritz-Carlton we share a commitment to preserving the beauty and serenity of Rose Island, while also partnering in a development which is certain to be one of the world's most elegant, luxury lifestyle destinations, whether for vacationers or homeowners," Mr. Coutry added.

Mr. Coutry also expressed Ritz-Carlton's appreciation of the vision and efforts of Mr. Lorie Lovejoy and his family, as well as those of Mr. Donald Monti and Mr. Donald Urgo, for making this development opportunity possible.

"Rose Island has always been a treasure waiting for exactly the right kind of development and Ritz-Carlton is that development," said Mr. Lovejoy.

Describing it as a "great opportunity for Ritz-Carlton to add a premier destination in The Caribbean," Simon F. Cooper, president and chief operating officer, thanked the Government of The Bahamas for its "enthusiastic support for creating a world-class leisure destination to attract sophisticated travelers, and those seeking an exceptional vacation home location."

He noted guests of the hotel and homeowners would gain entrée to Rose Island only by helicopter or ferry, and could be easily transported to Nassau and Paradise Island.

"We have long wanted to add a Ritz-Carlton branded resort in The Bahamas, and we believe Rose Island was well worth waiting for," said Mr. Cooper.

When completed, the 230-acre site is expected to provide a collection of more than 400 homes in the scenic setting, surrounded by the waters of the Caribbean.

The hotel site will be on the western side of the island with a north facing beach. The guestrooms and suites will average 550 square feet and feature large balconies. Other planned amenities include a swimming pool, lavish spa, gourmet restaurant, and intimate meeting space.

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