Caps, found this post by Klaas.
Re: Natalee Case Discussion #715 1/25 -
« Reply #82 on: January 26, 2008, 12:20:32 AM »
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http://www.aruba-bb.com/viewtopic.php?p=211157&highlight=ritz#211157Aruba Will Receive A 190 Million Dollar Five Star Property
June 2nd 2005, Aruba.
(FYI - this is the exact same area that Joran said he left Natalee on the beach)
The yellow stipple line indicates the construction lot for Ritz Carlton
Aruba, the red stipple line the rearranged road towards Westpunt.
PALM BEACH- After a period of silence the government has announced the
construction date of a brand new luxurious hotel on the island. The first
construction stone of the Ritz Carlton property will be placed during a
ceremony on July 14th 2005. The ultra luxurious Ritz Carlton Hotel Aruba
will elevate the tourism product quality of the island. In view that there is
barely a low-season and many hotels on the island are constantly full, the
arrival of the hotel is definitely good news according to the government.
The government hopes that the arrival of Ritz Carlton will contribute
greatly to the economic development on the island.
The construction of Ritz Carlton Aruba is estimated at 190 million dollars.
The investors are Marriott International and Bazarian International, Ritz
Carlton will operate the property. Ritz Carlton has a few properties in the
Caribbean that include Montego Bay, San Juan, St. Thomas, Cancun and
shortly an opening of a property in Grand Cayman. The Ritz Carlton
Hotels & Resort is part of Marriott International Incorporated.
http://www.aruba-bb.com/viewtopic.php?p=233315&highlight=ritz#233315Ritz-Carlton Coming Soon
July 25th 2005, Aruba.
ORANJESTAD-There has been a notable change of plans in the
Ritz-Carlton project that was set to start on July 14th. The construction
date was cancelled in so to avoid the project of being the subject of
political discussion so close to the parliamentary election in September
says Nelson Oduber, Prime Minister of Aruba. Oduber says that initially
Bazarian International wanted to realize the hotel project and have
Ritz-Carlton operate the property. Marriott International has now opted to
step out of that idea and wants to develop the hotel property
by itself in view of the good name of Aruba’s tourism product. At present
negotiations are being held between Carl Bazarian and Kevin Kearney
Chief Executive Vice President of Marriott Corp International Hotel
Development in handing over the project.
The Ritz-Carlton Aruba will be a five star hotel consisting out of 220
luxurious suites, 67 guesthouses and a casino. The project has a price tag
of US$ 190 million and will create 500 jobs on the island. The Ritz-Carlton
will not be granted a tax holiday, thus will pay property taxes to the
government of Aruba.
In 1995 Marriott International purchased 49 percent interest in
Ritz-Carlton. Three years later, that interest was increased to 99 percent.
At present there are three Ritz-Carlton’s in the region that include
Montego Bay in Jamaica, San Juan in Puerto Rico and St. Thomas in the
U.S. Virgin Islands. The Ritz-Carlton is opening a property in the Cayman
Islands in the Fall of 2005. The Turks & Caicos Islands are getting their
Ritz-Carlton in 2007.
http://www.aruba-bb.com/viewtopic.php?p=463726&highlight=ritz#463726Ritz Carlton, Out! Four Seasons, In?!
January 10th 2007, Aruba.
PALM BEACH-Aruba will not receive the luxurious hotel chain Ritz Carlton.
The Ministry of General Affairs has decided to terminate negotiations with
Ritz Carlton on December 30th 2006. The decision is confirmed by the
government spokesperson, Manolo Giel.
A few of the requirements set by Ritz Carlton to construct a hotel on the
island were the greatest obstacles for reaching an agreement. Ritz Carlton
demanded a tax holiday, that would exempt the hotel from paying
all types of taxes. The government is not willing to grant new tax
holidays to any hotels on the island, including Ritz Carlton.
The Ritz Carlton was to be constructed north of the Aruba Marriott Resort
building, on the last lot left directly on Palm Beach (where Fishermen huts
is located). The site is used by locals and windsurfers for recreational
purposes.
The environmental organization StimaAruba is relieved that the
hotel is not coming. It claims that the site should be protected for turtles,
locals, as well as for those practising the sport of windsurfing. Nevertheless the government will continue its pursuit to find a top notch
hotel for the site. There are a few parties interested, including Four
Seasons and Regency. Now that negotiations with Ritz Carlton have been
terminated, the government will begin talks with one of these hotel chains
said Manolo Giel.