Warwick International Hotels Acquires the Paradise Island Harbour Resort
NASSAU, Bahamas and PARIS—Warwick International Hotels (WIH) has acquired a four-star hotel located on Paradise Island in the Bahamas. The transaction is expected to be completed in the near future. READER COMMENTS
The Paradise Island Harbour Resort, a beach-front hotel, will undergo a full renovation and repositioning program
The Paradise Island Harbour resort consists of 246 rooms and is equipped with two restaurants, a lobby cafe/bar, a large outdoor swimming pool, and pool bar. It also features conference facilities, a fitness center and kids' club.
"We are delighted to have the opportunity to completely renovate the Paradise Island Harbour Resort and restore it to its former glory. It is undisputedly one of the best located resorts in the Bahamas with a unique beach and clear turquoise water. It will be one of the finest resorts on the island," said Jean Francois Garnier, group director of development at Warwick International Hotels, in an announcement.
On Sept. 19, senior officers of Warwick International Hotels met with various government officers and officials of Paradise Island. At the meeting, WIH apprised the government of their plans and intentions to completely refurbish the Resort so it would properly be positioned in accordance with Warwick standards. "WIH is fully confident with its investment in the Bahamas, and looks forward to a long and fruitful relationship with the government and people of the Bahamas," added Garnier. "WIH was pleased to have the full support of the government, Prime Minister Christie and the assurance that the applications will be dealt with expeditiously."