Royal Caribbean's new joint venture, Holistica Destinations, announced today a $300 million investment in Freeport, Grand Bahama that will redevelop the Freeport cruise ship terminal to bring a new world-class destination with a one-of-a-kind hotel, convention center, water adventure park and more.
Grand Lucayan resort today
The new project will span two locations including the enhancement and expansion of the port terminal, to be called Harbour Village, and the Lucaya Property, which will be situated at the current Grand Lucayan resort.
The first phase of the Lucaya Property will be a world-class beachfront destination with a 526-room hotel, shopping village, spa and wellness center, water-based family entertainment including a massive water and adventure theme park, a 40,000-square-foot convention center, adventure activities such as zip lines and off-roading, restaurants and bars, entertainment and lively nightlife.
Freeport Harbor
Harbour Village will be nine miles west of the Lucaya Property, at the cruise terminal in Freeport Harbor. Here, visitors will be able to enjoy numerous spaces with multiple shopping and dining venues, beach areas, shore excursions and more. There will also be engaging activities for visitors to experience.
The new project is slated to be finished in winter 2022.
With the participation of Bahamian companies, development plans for Freeport also include a multi-modal transportation hub with infrastructure for water ferries and ground transportation including buses, vans and jeeps. Holistica Destinations will work closely with local business owners and entrepreneurs as partners with opportunities both at Harbour Village and the Lucaya Property as well as additional shore excursions in Grand Bahama.
"Holistica Destinations knows how to build destinations that bridge an area’s authentic culture for the enjoyment of cruise and land-based travelers in a way they long for, while simultaneously allowing destinations to stay true to themselves in an environmentally conscious way," said Robert Shamosh, CEO of Holistica Destinations. "Our overall vision for this new endeavor is a long-term relationship with the community and the government of The Bahamas; essentially a marriage where we will grow together in prosperity welcoming millions of visitors to the destination for years to come."
In March 2019, Royal Caribbean signed a letter of intent with the government of The Bahamas for the purchase of the Grand Lucayan resort and redevelopment of the Freeport Harbor.
