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Purchase of shuttered resort.

Publication: Caribbean Update
Publication Date: 01-DEC-06
Format: Online
Delivery: Immediate Online Access
Full Article Title: Purchase of shuttered resort.(Palm Resorts Holding Co. purchased closed facility of Grand Beach Palace)(Brief article)

Article Excerpt
Virgin Islands-based Palm Resorts Holding Co. has closed on a US$17.5 million purchase of the Grand Beach Palace resort, a property in Smith Bay that has been closed for more than two years, reports The U.S. Virgin Islands Daily News (Nov. 7, 2006). Within a few weeks, Palm Resorts...

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