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Buyout


marciadottin, [email protected]

Buyout

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A major change of heart by Sandals Resorts International of Jamaica relating to its proposed Almond Beach Village project in St Peter has opened the door for Government to stage a potentially massive coup in local tourism.
At the same time it is well placed to see close to $1 000 million being invested in the economy.
The shift in what is to be the largest single hotel project ever undertaken in Barbados has left Government with a recommendation that it purchase the historic Sam Lord’s Castle, one of the most famous names in local tourism, to establish a new Almond-branded resort in St Philip.
MIDWEEK NATION investigations revealed that just two weeks ago the Gordon “Butch” Stewart-led international hotel operation informed Government that it was no longer interested in a lease arrangement for the sought after Heywoods,
St Peter property on which is plans to establish a multimillion-dollar Beaches Resort to be the new flagship in its Caribbean chain.

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