Harlequin Hotels, the company that owns Buccament Bay Resort in St Vincent has won a fraudulent misappropriation case against a former contractor at the resort.
Harlequin Hotels and Resorts said in a release last week that it had won the case against Padraig “Paudie” O’Halloran. The High Court in Ireland heard that the contractor fraudulently misappropriated more than US$13 million from US$50 million sent to his firm for the resort’s construction. “During the 31-day trial, Harlequin provided evidence and witness testimonies detailing how O’Halloran fraudulently misappropriated in excess of US$13m from US$50m that was sent to the ICE Group for the resort’s construction. Of the $13m that was diverted, more than $2m was sent to Ireland to pay for items including a lavish wedding. The Court also heard that sums were used to fund luxury purchases, such as a US$1.5m private jet, a racecourse in St Lucia, a car franchise business and renovations to a rented property on the Sandy Lane estate,” Harlequin said in a release. Harlequin also stated that while the funds were being misappropriated, very little of the promised construction work was actually carried out at Buccament Bay Resort, resulting in the resort opening later than originally planned and on a smaller scale. Follow the link to visit the now open amazing 5* Buccament Bay resort - LINK Pat Cash, John Barnes, Teddy Sheringham and Lewis Moody are just some of the legends from a range of sports who will be providing master class coaching to guests for the second half of 2013 at the luxury, all-inclusive Buccament Bay Resort in St Vincent & The Grenadines.
It's been an amazing first six months of 2013 for sports fans at the award-winning Caribbean hotel, with big names like Liverpool FC legend David Fairclough, Grand Slam tennis star Lee Childs, ex-England cricketer Ronnie Irani, and Wales’ rugby team coach Rob Howley already delighting guests; however, the next six months promise to be even better, so scroll down for a full list of the sporting legends who will be visiting Buccament Bay between July and December 2013! Liverpool FC International Football Academy Soccer School John Barnes: 14th – 18th July 2013 Liverpool FC & England international legend Ronnie Whelan: 11th – 25th August 2013 Liverpool FC and Republic of Ireland legend Teddy Sheringham: 23rd October – 2nd November 2013 Tottenham Hotspur FC, Manchester Utd FC & England legend Pat Cash Tennis Club Chris Wilkinson: 4th – 18th August 2013 Former British no.1 and Grand Slam player Pat Cash: 18th August – 1st September 2013 Former Wimbledon Champion & tennis legend Rugby Camps Lewis Moody: 28th July – 11th August 2013 England legend, World Cup winner & former Bath RFC and Leicester RFC star Rob Howley: 28th December – 6th June 2013/2014 Current Lions assistant coach; Wales & Cardiff RFC legend Buccament Bay Resort Cricket Academy Martin Bicknell: 26th December – 6th January 2013/2014 Former Surrey and England cricketer Follow the link to reserve a room at Buccament Bay - BUCCAMENT BAY Valentine's Day is approaching and it's that time of year to reflect on what brought you together and sharing those precious moments with each other.
A holiday at the 5 star Buccament Bay Resort is all about celebrations. This Valentine's Day, make sure you get to take some time out of your busy schedule and enjoy some luxury treatment. Activities that will keep you both going... Improve your tennis skills with the resident tennis coach or experience a romantic sunset cruise with cocktails and canapes; lie back and enjoy a fantastic treatment in the ESPA Spa, be wined and dined at one of the four great restaurants; most of all, find time to enjoy each other. There are two romantic packages for Valentine's Day at Buccament Bay Resort...
If after visiting the resort you invest in one of the units then your holiday cost will be refunded (maximum £3000). Further information - LINK In the UK property market over the last 12 month Student accommodation has been the best-performing asset with average double-digit returns these have been driven by strong rental growth.
Over the last 10 years the student housing sector has grown to a market worth in the region of £103bn. This growth has been driven by a rise in the number of students enrolling on university courses, up from 100m in 2000 to over 150m last year. According to the property index student housing funds have returned close to 12% since the start of the year this compares with an average return of only 1.3% across the rest of the property market and an average 6% for other investments. Over the last year a number of large investment funds have bought into the sector as they believe that the sector is not greatly affected by the present economic downturn and lenders are also turning to student accommodation as one of a handful of property types which they view as low risk: vacancy rates run at about 5%, less than one-third of the figure elsewhere in the property sector. To invest or find out more about the student investment sector please follow the link - STUDENT INVESTMENT The Water Front Village at Buccament Bay Resort in St Vincent & The Grenadines.
Buccament Bay Resort is extremely proud to receive even more honours to add to the collection; this time, the luxury, all-inclusive resort in St Vincent & The Grenadines has been voted in the top ten best hotels in the world in THREE categories, courtesy of Travel Weekly. The polls, voted for by travel industry professionals, ranked Harlequin Hotels & Resort’s flagship Caribbean resort in the top 3 for Best New Hotel, as well as top ten places in Best Family Hotel and Best All-Inclusive Hotel. This comes after Buccament Bay Resort won two World Travel Awards for Caribbean’s Leading New Hotel and St Vincent & The Grenadines’ Leading Spa Resort. Such fantastic industry recognition for Buccament Bay Resort and Harlequin Hotels & Resorts is testament to the great work of the resort team, the strides that the resort has taken since opening. To book a holiday on Buccament Bay or to invest in one of the units please follow the link - LINK An imposed workplace scheme is not the only option for retirement, as more low-cost Sipps come on to the market.
The financial pages have been full of advice on pensions with the launch of auto-enrollment last week. It has thrown a desperately needed spotlight on how and why we should be saving for later life. But not everyone is happy that the state is stepping in. If you want to take control for your own retirement saving, a self-invested personal pension or Sipp, could prove a compelling alternative. Sipps are essentially do-it-yourself pensions, offer more flexibility and a wider range of investment choices than most personal pensions. As well as cash, government bonds and funds, you can choose to invest your money in more complicated investments such as individual shares, open-ended investment companies (Oeics), commercial property and commodities. They still benefit from all the features of a more traditional pension, including up to 50 per cent tax relief on pension contributions, but instead of trusting the provider to pick funds, you decide how to invest your contributions typically with a much wider range of funds to choose from and the opportunity to invest in direct equities by buying and selling shares. It's true that when they first emerged, Sipps were targeted at experienced investors with substantial pension pots, but as costs have come down they have proven to be an increasingly popular choice among the general population. "The Sipp market has been revolutionised in recent years with the emergence of low-cost plans, which have made them accessible to the mass market. Sipps are now becoming ISA-like in their appeal," says Jason Hollands of independent financial adviser (IFA) Bestinvest. Follow the link for further information on SIPPs - LINK To read the article in full follow the link - LINK Buccament Bay Resort wins “Caribbean’s Leading New Hotel” and “St Vincent & The Grenadines’ Leading Spa Resort” 2012
The WTA awards programme, hailed as “the Oscars of the travel industry” by the global media, highlights and rewards those travel brands that have made the greatest contribution to the industry over the past year. In winning “Caribbean’s Leading New Hotel” for 2012, Buccament Bay Resort beat the likes of Hotel Riu Palace Bavaro (Dominican Republic) and The Hotel Chocolat (St Lucia), whilst the St Vincent & The Grenadines “Leading Spa Resort” honour was awarded over competitors like Palm Island Resort, Petit St Vincent Resort and Young Island Resort. About the World Travel Awards WTA was launched in 1993 to acknowledge and recognise excellence in the global travel and tourism industry. Now celebrating its 19th anniversary, it is regarded as the very highest achievement that a travel product could hope to receive. A packed delegation of VIPs, senior tourism figures and international media traveled from more than 30 nations to attend WTA’s Caribbean & The Americas Ceremony 2012, which was supported by Turks & Caicos Tourist Board and Scotiabank. CARIBBEAN’S LEADING NEW HOTEL 2012 • Winner Buccament Bay Resort Other Nominees: • Cofresi Palm Beach & Spa Resort Dominican Republic • Hotel Riu Palace Bavaro Dominican Republic • The Hotel Chocolat St Lucia • The Magdalena Grand Beach Resort Tobago ST VINCENT & THE GRENADINES’ LEADING SPA RESORT 2012 • Winner Buccament Bay Resort Other Nominees: • Canouan Resort Grenadines • Palm Island Resort • Petit St. Vincent Resort • The Cotton House • Young Island Resort To find out more, please follow the link - BUCCAMENT BAY Invest In Massive Yielding Property In The USA’s Largest Oilfield With a potential 56% Annual Rental Returns OR a 25% guaranteed yield for 4 years. This has to be the best investment opportunity of the 21st century so far. Now available fractional units of either 50% or 25%. Follow the link below to download a brochure on the Bakkan oil fields mini motel rooms or click on the link to be emailed further information - LINK
It is important when considering hotel investment that the hotel, operator and branding match the local area and market.
The Holiday Inn Express® London - ExCel, is located within London’s Royal Docks in East London – designated a “Special Enterprise Zone” in 2011. The site of the hotel will be under a mile from London’s City airport. The O2™ Arena can be reached in a few minutes and the hotel site is conveniently located for tourist attractions such as the National Maritime Museum, Greenwich Observatory and also Canary Wharf. Central London is only 25 minutes away THE EXCEL™ CENTRE about 2.5 minutes’ walk away. The hotel site is found on the waterfront in the centre of the Royal Docks. It was the UK’s first purpose built international convention centre boasting 100,000 sqm of exhibition space, opened in late 2000 and renovated and extended in 2010, which increased the capacity by 50%. It is used by blue-chip companies for meetings, AGM’s conventions as well as sporting and cultural events LONDON CITY AIRPORT (0.5 miles) is just 3 miles from London’s financial district and is vital for business and plays an important part in keeping up with the growth of London. The business community recognizes the convenience of its location and size. In 2009, London City airport gained permission to increase flights by 50% and in 2011, British Airways announced a number of new flights while Blue Islands Airline announced the launch of its new executive service from the airport. If you are looking for an arm chair hotel room investment in London this must be it. 50% non-status finance and prices from £135,000 on an RICS valuation of £161,000 combine this with the ideal location, exit strategy AND well-known operator. LINK - to further information. |
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