Island Elegance – The Landings, St. Lucia

October 20, 2010

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While investors in Sunbelt real estate have watched their property values slip and slide over the past year, those who discovered the tiny island of St. Lucia have smiles on their faces. At prices that are as much as 60 per cent lower than on nearby Barbados, St. Lucia’s property values have increased 40 per […]

‘Ultimate Escapes’ Destination Club Files for Bankruptcy

October 19, 2010

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Ultimate Escapes, one of the largest luxury destination clubs in the world, filed for bankruptcy last week, the latest blow to the struggling residence exchange industry. In a court filing, Florida-based Ultimate listed assets of $10 million to $50 million and debts ranging from $100 million to $500 million. Earlier this month chief executive Jim […]

St. Kitts Splendor – Sundance Ridge

October 19, 2010

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Sundance Ridge rises 500 feet between the Atlantic Ocean and the Caribbean Sea. Each of 15 villas in the development will enjoy expansive views of the sea, the neighboring island of Nevis and the hills of St. Kitts. Peninsula Associates LLC is the exclusive builder on Sundance Ridge.  Each home-site on Sundance Ridge is at […]

St. Lucia Notes Increased Tourist Arrivals, Property Interest

October 18, 2010

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      (RODNEY BAY, ST. LUCIA) — In a tough year for tourism and property around the globe, property developers on the island of St. Lucia are encouraged by reports of a significant growth in tourism in 2010 and a doubling of online searches for second homes in the Caribbean, reported by Rightmove, the […]

U.S. Hotel Market Ends September on a High Note

October 15, 2010

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    Smith Travel Research (STR) reported this week that the U.S. hotel industry reported increases in all three key performance metrics during the week of September 25, 2010. In year-over-year comparisons, occupancy increased 7.5 percent to 64.2 percent, average daily rate was up 2.6 percent to US$103.09, and revenue per available room ended the […]

Red Frog Beach, Panama’s Newest Oceanfront Community

October 14, 2010

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Red Frog Beach is a hidden paradise on the island of Bastimentos in the Caribbean archipelago of Bocas Del Toro, Panama. The crystal blue waters, unfailing temperate weather, pristine beaches, and remarkable jungle rainforest all combine to create a complete sense of unspoiled tropical tranquility. A peaceful diversion from the everyday grind, Red Frog Beach […]

Foreign Developers Searching for Bargain Home Sites in U.S.

October 14, 2010

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    All of a sudden, America’s dirt is looking good to foreign home developers.   The National Association of Home Builders‘ Washington, DC office confirms it is receiving queries from Japan and Australia, Canada in recent months.  “For the first time since World War II, I think [foreign] people are more optimistic about the U.S. […]

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