15 Jul 2009Blog

Harlequin Hotel’s and Resorts launch St. Lucia project!

by Maxwell

With planned development sites in Barbados, St Vincent and the Grenadines, Dominican Republic, and St Lucia, Harlequin Hotel’s and Resorts have plenty on their plate.

The first of their developments to launch is in St Lucia.  The development includes a Gary Player Golf course and a Pat Cash Tennis centre.

For those that keep a keen eye on Barbados Property and future developments,  you may have heard of the the Harlequin group from their proposed development at Bottom Bay. Being a favorite destination for many locals and seasoned visitors, I was disappointed to find out what they had planned, which could have a negative effect on this “out of the way” secluded beach.

Should Barbados’s Town and Country Planning Office have allowed this development? Thoughts?

Furthermore, the development approach was to sell off plan with guaranteed rental returns. Prompting sales to originate from off island clients that may have not have even been to Barbados but were sold on the guaranteed income that in turn would service a mortgage! Basically, not selling to end user visitors, but selling to investors.

A risky strategy for Barbados tourism, especially in this current economic climate? Thoughts?