Article: BAHAMAS: Sandals to enter Nassau

Sandals will open its 10th all-inclusive resort this summer, in Nassau, says Gordon "Butch" Stewart, Sandals chairman. Sandals has purchased the 170-room Le Meridien Royal Bahamian Hotel from the Hotel Corp. of the Bahamas for $8.5 million. It will close it in mid-May and spend $10-$12 million to expand (by 100 rooms) and refurbish the property, which will open in July as the Sandals Royal Bahamian:

* The Royal Bahamian is the fifth property to be sold by the Hotel Corp. as part of the Government of the ...

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