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  Mega-resort Baha Mar sold to Chow Tai Fook Enterprises


Hong Kong-based global conglomerate Chow Tai Fook Enterprises Limited (CTFE) – parent company of Rosewood Hotel Group – has bought the troubled US$3.5bn Bahamian mega- resort Baha Mar, with plans to open it in phases, starting in April 2017.
  Troubled Baha Mar mega-resort to resume construction next month


The giant Baha Mar resort complex slated for the Bahamas will resume construction in September, following a new agreement with the Bahamian government and the Export- Import Bank of China.
  Bahamian Prime Minister seeks to bring Baha Mar project under control of local authorities


In the ongoing saga of the delayed opening of the US$3.5bn (€2.7bn, £2.2bn) Baha Mar resort, Bahamian Prime Minister Perry Christie said last week that “completion of the resort is a matter of utmost national importance” and he hopes to bring the project under the control and supervision of the Bahamian Supreme Court.
  Developer of US$3.5bn Baha Mar resort files for bankruptcy


The long-running saga of the US$3.5bn (€2.7bn, £2.2bn) Baha Mar resort complex in the Bahamas has taken another twist, after its developer announced that it has filed for US Chapter 11 bankruptcy protection.
 


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03 May 2024 Leisure Management: daily news and jobs
 
 
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Kempinski to make Vietnamese debut with riverside resort and spa designed by Kengo Kuma
Kempinski to make Vietnamese debut with riverside resort and spa designed by Kengo Kuma   03 May 2024

High-end five-star hotel company Kempinski Hotels is making its mark in Vietnam with a luxury waterfront property overlooking the Saigon River. Set .... more>>
Belgian start-up, Moonbird, is on a mission to teach the world to breathe
Belgian start-up, Moonbird, is on a mission to teach the world to breathe   02 May 2024

Moonbird is a tactile breathing coach, which provides real-time biofeedback, measuring heart rate and heart rate variability. Studies show it can .... more>>
Barry’s considers next investor move, as North Castle Partners looks to exit
Barry’s considers next investor move, as North Castle Partners looks to exit   02 May 2024

Barry’s – known for its HIIT workouts combining treadmills and weights – is thought to be looking at strategic options, including taking on a new .... more>>
Providence Equity Partners takes control of VivaGym and its Fitness Hut brand
Providence Equity Partners takes control of VivaGym and its Fitness Hut brand   30 Apr 2024

US private equity fund, Providence Equity Partners, is acquiring a majority stake in VivaGym from Bridges Fund Management, which will exit as a .... more>>
Marriott to realise Ritz-Carlton Reserve at Trojena, the Mountains of Neom
Marriott to realise Ritz-Carlton Reserve at Trojena, the Mountains of Neom   01 May 2024

Marriott International has signed a new deal with Neom to open a Ritz-Carlton Reserve property as part of Trojena, a brand new year-round mountain .... more>>
UK's Royal attractions had a bumper year in 2023
UK's Royal attractions had a bumper year in 2023   27 Apr 2024

Numbers from the Association of Leading Visitor Attractions, (ALVA) show that Royal attractions saw a huge increase in visitor numbers during 2023 .... more>>
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Precor

Precor has been a pioneer in delivering fitness experiences for commercial customers for more than 40 years.

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CSI Design Expo Americas 2024 announces new Attractions & Entertainment Technology Zone

CSI Design Expo Americas 2024 announces new Attractions & Entertainment Technology Zone

Cruise Ship Interiors (CSI) invites cruise lines, shipyards, design studios, outfitters, and suppliers to take part in CSI Design Expo Americas in Miami, Florida, the region’s only event dedicated to cruise ship interior design. More>>




in this issue

• Virgin gets right to wipe out rent arrears
• Fitness industry mourns passing of Jan Spaticchia
• STA offers mindfulness resources



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