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Tag Archives: Grand Lucayan

The Bahamas – Electra America Hospitality Group to buy Grand Lucayan

The Bahamas Ministry of Tourism, Investments & Aviation (BMOTIA) made the long-awaited announcement that an offer has been accepted for the purchase of Grand Lucayan, a beachfront resort located in the bustling city of Freeport. Electra America Hospitality Group (EAHG) has entered into an agreement with Lucayan Renewal Holdings to buy the resort for $100m. CEO and Principal…

Bahamas – Wynn improves bid for Grand Lucayan resort

Wynn is believed to be the ‘preferred bidder’ for the Grand Lucayan resort complex in The Bahamas although that is not Wynn of Las Vegas fame but Wynn Group of Canada. The Canadian-based real estate developer is believed to have made an improved bid for the $110m valued resort, which includes a 23,375 square feet…