The government is making progress in its talks with officials of the I-Group, the developer of a promised billion-dollar project for Mayaguana, Minister of Tourism Vincent Vanderpool-Wallace said yesterday.
Vanderpool-Wallace said government officials will meet with developers in the first week in October as they continue discussions toward a restructured agreement for the development.
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Tuesday, September 22, 2009
What happened to Raffles n the BVI?
More than two years ago, developers announced plans to turn the Lambert Beach Resort into a $200-$250 million, five-star establishment. Today, ground has yet to be broken on the project, and the resort’s future is murky. But there are at least two possible scenarios.
A pending partnership with developer Mark Vanterpool and the mega-resort conglomerate Raffles could transform the resort into the proposed establishment; or the land could be auctioned off in whole to the highest bidder.
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A pending partnership with developer Mark Vanterpool and the mega-resort conglomerate Raffles could transform the resort into the proposed establishment; or the land could be auctioned off in whole to the highest bidder.
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160,000 applications later, CityCenter makes job offers
CityCenter began making employment offers to hundreds of workers Monday in preparation for the project's opening later this year, bringing hope to those who have been unemployed and new opportunities for others looking to make a change.
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70 Jack in the Box restaurants close, re-open
Longtime Jack in the Box Inc. franchisee Abe Alizadeh suddenly and temporarily closed 70 Jack in the Box restaurants in Northern California, before re-opening Friday, the San Diego-based restaurant franchising company reported in a news release.
The 70 Northern California Jack in the Box locations reopened Friday afternoon after Alizadeh filed for Chapter 11 bankruptcy protection for the four corporate entities that operate them, spokesman Scott Rose said.
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The 70 Northern California Jack in the Box locations reopened Friday afternoon after Alizadeh filed for Chapter 11 bankruptcy protection for the four corporate entities that operate them, spokesman Scott Rose said.
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Accor announces a major real estate transaction
In line with its ongoing asset-right strategy, Accor today announced a major real estate transaction in the
Budget segment in France, with the sale of 158 hotelF1 properties, representing a total of 12,300 rooms.
Accor pioneered the low-cost hotel concept in France, opening the first Formule 1 hotel in 1984 and introducing particularly innovative construction and management techniques. Formule 1, renamed hotelF1 in 2007, is the entry-level hotel brand of Accor Group in France with an average room rate of around €33.
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Budget segment in France, with the sale of 158 hotelF1 properties, representing a total of 12,300 rooms.
Accor pioneered the low-cost hotel concept in France, opening the first Formule 1 hotel in 1984 and introducing particularly innovative construction and management techniques. Formule 1, renamed hotelF1 in 2007, is the entry-level hotel brand of Accor Group in France with an average room rate of around €33.
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T.G.I Fridays outlets close
Jack is back, but T.G.I. Fridays has closed in the Sacramento region, the latest restaurant outlets affected by the financial woes of businessman and developer Abe Alizadeh.
Carlson Restaurants Worldwide Inc. has forced the closure of 10 T.G.I. Fridays in Northern California, Oregon and Washington owned by Alizadeh. The Carrollton, Texas-based company ordered Alizadeh to shut down the restaurants Friday
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Carlson Restaurants Worldwide Inc. has forced the closure of 10 T.G.I. Fridays in Northern California, Oregon and Washington owned by Alizadeh. The Carrollton, Texas-based company ordered Alizadeh to shut down the restaurants Friday
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Granite City Food & Brewery Ltd. Announces Debt for Equity Transaction
MINNEAPOLIS--(BUSINESS WIRE)--Granite City Food & Brewery Ltd. (NASDAQ: GCFB) today announced a transaction that will allow the company to convert approximately $15.0 million of debt owed to DHW Leasing LLC (DHW) into 28 million shares of the company’s common stock at a conversion price of $0.54 per share.
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