Monday, April 1, 2019

Royal Caribbean Is Buying the Bahamas’ Grand Lucayan Resort

By Dana Niland
CJ Contributor

Grand Bahama’s biggest resort is being sold — to a unexpected buyer.

Cruise giant Royal Caribbean International, in a joint venture with Mexico’s ITM, has signed a letter of intent to purchase the Grand Lucayan Resort.

The deal is expected to transform the resort and develop the harbor in Freeport into a destination product centered around water-based adventure theme parks, according to the government of The Bahamas.  Read more >>