Latest News

PRESS RELEASE;  12 January 2015

Three new hotels, including the first to incorporate a casino, are in the works for the island municipality of Vieques, representing a total investment of $55.1 million and the possibility of adding some 200 new rooms.

José Juan Terrasa, the Tourism Company’s director of development and planning, confirmed that the Vista Linda Casitas, the Island Grove and the Le Grand Cofi Paradise — with associated investments of $600,000, $16.5 million and $38 million, respectively — have secured construction permits and are working on financing.

The biggest of the three proposed hotels, the $38 million, 150-room Le Grand Cofi Paradise, would be located on a five-acre plot on the island’s Florida sector, and would include the casino. Once operational, the hotel would be the island’s second-largest property behind the W Resort and would create 150 jobs, Tourism Company data shows.

“That hotel already has the approval from the Planning Board and it is now before the consideration of the Tourism Company’s gaming division, which needs to approve the casino,” Terrasa said. His Tourism Company, in conjunction with the Economic Development and Commerce Department, began their economic development plan for Puerto Rico’s
two island municipalities, Vieques and Culebra in 2004.

PRESS RELEASE;  20 November 2014

Governor de Jongh has signed a lease agreement for the reconstruction of a luxury resort on Water Island. The signing ceremony took place at the Government House in St. Thomas island. Read the full article on The Virgin Islands Consortium‘s website.

 

PRESS RELEASE;  22 July 2014

In St. John the long speculated New Marina at Coral Bay is going ahead with a $1.27M Federal Grant.  Read more on www.stjohntradewindsnews.com

Also;

World renowned eco-developer Stanley Selengut is in retirement mode and has asked a long-time St. John resident to assist him in his search for the right person to carry on his project on the island.  The eco-resort “Concordia” is the only remaining eco-resort on St. John, (discounting conventional camp-sites). Mr Selengut is reportedly seeking to sell Concordia for an asking price of $10M.

PRESS RELEASE; 15 JULY 2014

On Water Island the Developers of the new Resort Complex have been announced earlier than expected.

On Tuesday, Governor John P. de Jongh, Jr. announced the selection of the Water Island Development Company as the developer to advance a first-rate resort and hotel project on Water Island. The selection is the result of the Expression of Interest (“EOI”) advertised by the government last September.

“A key project has been to again have a superior resort on Water Island that would complement other hotel offerings, while at the same time realize some meaningful economic activity on the island. All of this, of course, must be achieved in a manner that maintains what is charming, environmentally appealing and respectful of what the island and community reflect” de Jongh said. ‘With the assistance of REVPAR International, a hotel development and management firm, who has successfully completed a range of similar projects in the U.S. Caribbean, Europe and Asia, we focused on the specific hotel development branding for the island, attracted several suitably qualified firms, and selected a company with whom we have begun lease negotiations.”

April 7, 2014 By: Joe Pike Travel Agent

How a New Water Island Hotel Is Set to Boost USVI Tourism waterislandlandforsaleusvi

Water Island is looking to fully open up to tourism by adding its first hotel since 1989.

Get ready for U.S. Virgin Islands’ next hot spot for tourism, Water Island. The island, considered the fourth official island of the destination, is planning on putting up its first hotel since 1989.

Read about this as well as news throughout the destination as Travel Agent makes selling the U.S. Virgin Islands a little easier.

New Developments in the USVI: WaterIsland

Travel Agent chatted with Beverly Nicholson-Doty, commissioner of the U.S. Virgin Islands (USVI) Department of Tourism and learned that the destination’s little known Water Island is looking to fully open up to tourism by adding its first hotel since 1989.