Buccament Bay / Two Rivers Hotel Operator Announced
11 April 2008
|
Principal International are very pleased to be able to confirm that the developer has now signed contracts with the Spanish Group Globalia, who own the Oasis Hotels & Resorts brand (www.oasishotels.com), for both the Buccament Bay and Two Rivers projects in St. Vincent and the Dominican Republic respectively. In their most recent published accounts, Globalia achieved a turnover of circa 3.5 billion Euros and, as an overall group, have all of the fundamental elements in place to be able to secure the occupancy levels and returns that the investors in the projects are anticipating. As a group, Globalia owns : -
Globalia is ideally placed to not just sell sufficient holidays to deliver the occupancy levels across both developments, but also to effect the logistics of getting guests to the various resorts. Each of the resorts will retain its own brand image, so Buccament Bay will remain “Buccament Bay” and will build on the widespread awareness that already exists for these developments. Price RiseWe understand from that, with effect from the 1st of May 2008, there will be a 20% price rise across both the Buccament Bay and Two Rivers resorts and a similar increase will be applied to the other resorts once the contracts have been signed over the coming months. These price rises will be in addition to the planned price rises in July and October. Should you have any queries, please feel free to call either myself or one of the team to 0800 038 0000 (UK) or +44 1483 748629 (Overseas). 
Further information can be found here : |
|
