Four Seasons deal approved

Cabinet has reportedly approved a multimillion-dollar deal for the sale of the Four Seasons property.

Government sources say the deal involves one of the world’s largest wealth funds based in Qatar, along with a group of local partners.

It essentially ends the five year saga for the upmarket 30-acre beachfront property, which has been lying dormant since 2009.

Officials have welcomed the deal, saying it not only augurs well for vital tourism, but that it should also serve as a real confidence booster in terms of foreign direct investment.

7 Responses to Four Seasons deal approved

  1. Tina Schulz May 23, 2014 at 3:34 am

    This is really good news for Barbados. We stay at Fitts village every year and seen this development from the the beginning, so lets hope when we return again next March we will see maybe it finished.

  2. Poetry Dancer
    Poetry Dancer May 23, 2014 at 4:52 am

    sell Barbados…

  3. Addison Cortlandt
    Addison Cortlandt May 23, 2014 at 5:40 am

    I wonder if I’ll be able to get pension by the time i reach that age.

  4. Judy Stanford
    Judy Stanford May 23, 2014 at 7:20 am

    I’ve heard this song before!!

  5. Jason Lewis
    Jason Lewis May 23, 2014 at 8:02 am

    Something tells me this is the runners up prize for not being able to buy the entire debt of Barbados

  6. David Hall May 23, 2014 at 9:58 am

    Every-time this saga comes into the limelight, government announces a deal.

  7. Yas Alexander-Hinds June 26, 2014 at 9:02 am

    …this is good news…only 5 yrs too late for me!


Leave a Reply

Your email address will not be published. Required fields are marked *