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Thursday, June 26, 2008

Port St. Charles Webcam



Port St. Charles Webcam

Click here or above to select one of four views.

Webcam courtesy of Port St. Charles

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Tuesday, June 24, 2008

Oasis Hotels & Resorts To Manage Merricks

As earlier speculated on this blog, and according to Harlequin Property's first quarterly newsletter, they are planning for Oasis Hotels & Resorts' parent company, Globalia, to manage all of Harlequin's properties in the Caribbean including Merricks in Barbados. Globalia was selected because of its network of 1,400 travel agents across Europe and the USA, they owning their own airline to provide the necessary airlift, and ongoing their experience already in managing 5-star resorts in Caribbean. The above mentioned newsletter also claims that as a result of a recent meeting with Government officials of Barbados including the Prime Minister and the Minister of Tourism, and the need to do an environmental impact study for the project, the completion date for the resort has now been pushed back to December of 2012. Translation: Sorry, early investors, don't look for any construction to start any time soon, but, hey, now that Globalia is onboard (maybe) your "property value" just took off like a rocket - nevermind the current global real estate meltdown.
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Sunday, June 15, 2008

New City Rep. Wants Massive Hotels From Bay Street To Pelican Village

Click here for details.
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The Lakes Taking Shape


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Project Probably Dead

The change of government at the last elections in January of this year probably hammered home the last nail in the coffin for the Cove Bay development, at least as was conceptualized by the previous administration. In opposition up until last year the current government was lamenting that Cove Bay was doomed to the auction block and lost as a cherished location to the people of Barbados. However, just last week the new chairman of the Barbados Tourism Authority was quoted in the press suggesting that all the remaining coastline should be earmarked for tourism development. So, it sounds like the more things change the more they remain the same.
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Recent News

- Barbados Tourism Investment to own 82 acres at Harrisons Point.

- Construction likely to start August/September this year.

- Ground breaking by yearend.
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