Conrad Hotels, the luxury brand of the Hilton Family, has signed a management agreement with the Bahamas based RAV Bahamas Limited, a subsidiary of The Capo Group, to operate and manage Conrad’s first hotel in the Caribbean, a luxurious 250 room hotel, spa and casino resort, located on the island of Bimini. Clem Barter, President of Conrad Hotels said:
“We are honoured to have been selected for this exclusive project in one of the most prestigious locations in the Bahamas. This will be an extraordinary property and it will fit our plan to expand in the Americas, as well as in other strategic parts of the world.”
Gerardo Capo, Chairman of the Board, of The Capo Group, owners of the hotel said:
“We are pleased that Conrad, one of the world’s finest hotel brands, is joining us to operate the hotel component of our Bimini Bay Resort. Our luxurious development, coupled with Conrad Hotels’ experience, sets the stage for a success story in the Bahamas.”
The Conrad Bimini Bay Resort and Casino is part of an overall new seaside village, the Bimini Bay Resort. The hotel, which will be built in the second phase of the development, will offer 250 luxurious guest-rooms, several fine restaurants, an elegant marina, a spa and a casino. An additional wing of 160 residences will be constructed adjoining the hotel.
In a first phase, The Bimini Bay Resort will comprise 320 residential units, 150 marina berths, assorted retail and several restaurants. The subsequent phases will also include an 18-hole Robert Trent Jones golf course and residential villas. Overall, the resort will have 1,590 residential units spread over 700 acres, 500 marina berths, and five miles of white sand beaches.