Royal Caribbean's beach club development in the Bahamas
Royal Caribbean cruise line is developing a beach club on Paradise Island in the Bahamas, part of a trend of cruise lines creating exclusive beach destinations. The project aims to provide an authentic Bahamian experience with local art, music, and cuisine. While some locals express concerns about foreign investors pricing them out and diverting tourism dollars, Royal Caribbean is incorporating Bahamian ownership and sustainability practices into the project.
Key Points
- Development of beach club on Paradise Island by Royal Caribbean
- Incorporation of local art, music, and cuisine for an authentic Bahamian experience
- Partnership with Bahamian government for equity ownership and profit-sharing
- Focus on sustainability and environmental protection practices
- Creation of job opportunities for Bahamians
Pros
- Creation of approximately 400 jobs for Bahamians
- Incorporation of Bahamian ownership and profit-sharing in the project
- Focus on sustainability practices and environmental protection
- Expansion of tourism offerings in the Bahamas
Cons
- Concerns of pricing out locals and diverting tourism dollars from local vendors
- Controversy surrounding land acquisition process and treatment of local entrepreneurs