Divi open to Brac re-build with eco-friendly resort
(CNS Business): The property on Cayman Brac owned by Divi Resorts Group is not for sale and the firm is committed to re-developing the resort when the global economic business environment supports such development, according to President & CEO, EJ Schanfarber. Divi Tiara Beach Resort, a 51-room hotel with 12 timeshare units, closed on the 23 September 2006 with the loss of 37 jobs on the island. But the hotel chain, which has a number of resorts in Aruba, Barbados, Bonaire, St Croix, and St Maarten, does plan to rebuild on the Brac, especially since it offers the opportunity to build an eco-friendly resort from the ground up that is integrated with the fragile environment of the island. (Left: Divi Tiara in better days) Read more on CNS Business.
Category: Business