Thursday, December 23, 2010

$20m resort proposal awaited for Cat Island Bahamas

The Government is awaiting a $20 million proposal from an Italian-based resort operator for a four-phase, high-end boutique hotel development at Orange Creek in Cat Island, Tribune Business can reveal, which will be targeted at the European travel market.
 
Michael Scott, the attorney and Hotel Corporation chairman, told this newspaper that the Government was awaiting details of Equinox SA's plans for what is likely to be a 40-room small hotel, plus a small attached real estate component featuring 45 high-end villas and cottages.
 
Pledging that there would be "sufficient spin-off and trickle down for Cat Island" in terms of business opportunities for Bahamian-owned businesses and entrepreneurs, Mr Scott said Equinox SA's plans - for which a formal proposal is now awaited - tied in perfectly with the Government's vision of high-end, low density tourism development in the Family Islands.

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