Monday, April 1, 2019
Royal Caribbean Is Buying the Bahamas’ Grand Lucayan Resort
By Dana Niland
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 >>