Colliers Hotels | Caribbean

Global Depth. Local Breadth.

Over the past decade the Colliers Hotels team have completed over $3 billion in hospitality brokerage and advisory assignments in the Caribbean. ​ We are results-driven: our proven process delivers results via our global connections, world-class marketing and innovative strategies.

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Featured News

Colliers Hotels is pleased to announce the sale of the Baha Mar Resortlocated on 1,000 acres overlooking the Atlantic Ocean in Nassau, Bahamas.

Colliers acted as the global marketing, promotion and sale advisor to the Joint Receivers and Managers of the secured assets of the Baha Mar Resort, which sold to Hong Kong-based Chow Tai Fook Enterprises Limited.

For more information about the transaction, please contact Gerhard Beukes​ or Alam Pirani.

Client Success

A selection of professional experience in the Caribbean includes:

Grand Lucayan Resort
Freeport, The Bahamas

Assignment: Property Sale
Status: Closing 2021
Client: Special Purpose Vehicle sponsored by the Government of The Bahamas
Purchaser: Royal Caribbean Cruise Lines (RCCL) and ITM Group

This 1,276-key landmark hospitality asset — the largest resort in Freeport includes an 18-hole Championship golf course, and over 1.25 miles of private white sandy beach and is set on 216 acres. The new ownership group, a partnership between RCCL and ITM Group, plans to invest to re-open the hotel and develop a new cruise port.

 

Baha Mar Resort
New Providence Island, The Bahamas

Assignment: Property Sale
Status: Closed 2017
Client: Deloitte / Import Export Bank of China
Purchaser: Chow Tai Fook Enterprises Limited

Baha Mar is a 3,000+ key luxury hospitality asset and the largest resort ever constructed as a single phase in the Caribbean at the cost of over US$5 billion. ​ The Property includes over 1,000 acres, an 18-hole Jack Nicklaus designed championship golf course, 30 restaurants and bars, and over 20 acres of pools, to name a few facilities/amenities. Rosewood, SLS, and Hyatt manage the Hotels.

 

Harbor Club, Curio Collection by Hilton
Rodney Bay, St. Lucia

Assignment: Hotel Management Agreement Negotiations & Management Search
Status: Completed 2017
Client: Harbor Club Resort

Colliers was retained by the owner of the Harbor Club Resort for a hotel manager search and assistance with negotiating the HMA, in addition to other advisory work. The Harbor Club is a new luxury 115 room resort with five world-class dining outlets, four swimming pools, and a mix of other complementary amenities. The Hotel is part of Hilton’s Curio Collection.

British Colonial Properties
Nassau, The Bahamas

Assignment: Property Sale
Status: Completed 2016
Client: European High Net Worth Individual
Purchaser: China Construction America (CCA)

This beachfront trophy asset includes the 288-key Hilton Hotel, 105,000 SF of Class A office space, and 6.1 acres of prime excess oceanfront development land located at One Bay Street in Downtown Nassau. ​ Built in 1898 by Henry Flagler, this property has been coined the “Jewel of the Caribbean,” given its iconic symbolism in Nassau. CCA is constructing a large-scale mixed-use development project on the excess lands.

 

Wyndham Kingston
Kingston, Jamaica

Assignment: Property Sale
Status: Closed 2014
Client: Royal Bank of Canada (RBTT Jamaica)
Purchaser: Local Private Investor

Colliers was retained by the Royal Bank of Canada’s former subsidiary RBTT Jamaica to market this former Hilton Hotel. A sale was concluded as part of a formal auction process in late 2014 to a Jamaica-based private investor. Prior to the transaction, Colliers provided strategic advisory services to RBTT, including operational reviews and valuations.

 

Fairmont Royal Pavilion
St. James, Barbados

Assignment: Property Sale
Status: Closed 2008
Client: Fairmont Raffles International (Colony Capital & Kingdom Holdings)
Purchaser: Institutional Capital

Colliers was retained by Fairmont Raffles International to market for sale the prestigious 75-key Fairmont Royal Pavilion. ​ The Property includes 400 yards of beach frontage and excess land suitable for future expansions — the Hotel sold to a global institutional capital partnership in early 2008.

 

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Experts

Asia Pacific

David Faulkner

Managing Director

+852 2822 0525

+852 9010 6220

David.Faulkner@colliers.com

Michael Thomson

National Director | Hotels Asia Pacific

+61 2 9257 0245

+61 412 053598

Michael.Thomson@colliers.com

Antonio Wu

Deputy Managing Director

+852 2822 0733

+852 9195 5983

+86 1381 668 6388 (China)

Antonio.Wu@colliers.com

Australia and New Zealand

Gus Moors

Head of Hotels | Australia

+61 2 9257 0369

+61 404 005 066

Gus.Moors@colliers.com

Canada

Alam Pirani

Executive Managing Director

+1 416 643 3414

+1 416 562 6665

Alam.Pirani@colliers.com

Robin McLuskie

Vice President

+1 416 643 3456

+1 416 627 9841

Robin.McLuskie@colliers.com

Tom Andrews

Senior Vice President

+1 604 661 0846

Tom.Andrews@colliers.com

Europe, Middle East and Africa

Dirk Bakker

Chief Executive Officer Netherlands

+31 6 81 85 41 61

+31 68 185 41 61

dirk.bakker@colliers.com

Filippo Sona

Director | Head of Hotels (MENA Region)

+971 4 453 7400

+971 55 899 6102

filippo.sona@colliers.com

United States

Mike Mixer

Executive Managing Director

+1 702 836 3777

+1 702 845 7777

mike.mixer@colliers.com

Dharmesh Patel

Executive Managing Director

+1 408 282 3990

+1 408 497 1222

Dharmesh.Patel@colliers.com

Research

We are pleased to release our new Caribbean INNsight for Spring 2021, which includes our current view on the Caribbean travel, tourism, and hospitality market.

Contact

Alam Pirani

Executive Managing Director | Canada & Caribbean
+1 416 562 6665
Alam.Pirani@colliers.com

Robin McLuskie

Managing Director | Hotels

+1 416 643 3456
Robin.McLuskie@colliers.com

Russell Beaudry

Senior Director | Hotels

+1 604 694 7243
Russell.Beaudry@colliers.com

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