Bahamas Hotel wins Deal of the Year Award
Colliers Hotels is pleased to announce The Baha Mar Resort in Nassau, Bahamas was named Transaction of the Year 2017 by The Caribbean Hotel & Resort Investment Summit (CHRIS). Colliers served as the global advisor on the sale, which was the largest hospitality transaction to take place globally in 2017.
The Property’s international marketing was led by Colliers’ Alam Pirani, working in conjunction with the firm’s world-class global hotel team of over 150 hospitality professionals in the Americas, Asia, Europe and the Middle East. “Colliers International is pleased to have served as global advisor,” said Pirani, Executive Managing Director of Colliers Hotels in Toronto. “The Baha Mar Resort is truly one of the globe’s premier trophy real estate assets and we’re very pleased with this transaction being selected Transaction of the Year 2017 by The Caribbean Hotel & Resort Investment Summit.”
The Baha Mar Resort began opening in phases in April 2017 and was officially completed May 23, 2018 as a master planned US$4.2 billion integrated resort development and includes a stunning portfolio of world-class properties including global hotel brands from Grand Hyatt, SLS and Rosewood.
The Property was purchased by Hong Kong-based Chow Tai Fook Enterprises Limited.
You can read the full press release here.