{"id":8151,"date":"2025-10-13T22:55:00","date_gmt":"2025-10-13T15:55:00","guid":{"rendered":"https:\/\/www.globenewswire.com\/news-release\/2025\/10\/13\/3165663\/0\/en\/Westgate-Resorts-and-its-Partners-Make-Strategic-Hospitality-Investment-in-the-Caribbean.html3165663"},"modified":"2025-10-13T22:58:27","modified_gmt":"2025-10-13T15:58:27","slug":"westgate-resorts-and-its-partners-make-strategic-hospitality-investment-in-the-caribbean","status":"publish","type":"post","link":"https:\/\/cryptoinsider.asia\/vi\/westgate-resorts-and-its-partners-make-strategic-hospitality-investment-in-the-caribbean\/","title":{"rendered":"Westgate Resorts and its Partners Make Strategic Hospitality Investment in the Caribbean"},"content":{"rendered":"\n<ul>\n<li>Investment in Bahamas luxury real estate development sets the stage for future growth in the Caribbean<\/li>\n<li>Investors include Gissy Family Investments and other partners<\/li>\n<\/ul>\n<p>ORLANDO, Fla., Oct. 13, 2025 (GLOBE NEWSWIRE) &#8212; <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=BCa9fThF-YRNfFp4tniHc6w5YeJGHA459QeRvc8mqB40_VLHQt8Oh46tThoXhCabNoCn8h8-hFqIsfKJyQXq85uVCVEt5vDJ5IuPn4wplZE=\" rel=\"nofollow\" target=\"_blank\" title=\"Westgate Resorts\">Westgate Resorts<\/a> today unveiled its partnership in a major multimillion dollar investment in the luxury <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=gCSsouqbv-QCZ0ZFLDhv2ll3OBdkqZ0gZGObnrLFosCjO7zqwJ1ikxIfICsoZP-ssFSC71p0yRR3R3XoOtRLcGnMNix_QJt1Lpfckub7ic7dlDxHvXPE72dqbXESG9q0BmlLglNZIGWhP1z2FeyWig==\" rel=\"nofollow\" target=\"_blank\" title=\"Banyan Tree Bimini Resort &amp; Residences\">Banyan Tree Bimini Resort &amp; Residences<\/a> development on Rockwell Island in Bimini, Bahamas.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" alt=\"Bimini_View_04_Villas_Carino_3_SRGB_Full\" data-mce-style=\"display: block; margin-left: auto; margin-right: auto;\" height=\"381\" src=\"https:\/\/ml.globenewswire.com\/Resource\/Download\/6a5201bd-9782-4458-a3dd-f4b0a168534d\/bimini-view-04-villas-carino-3-srgb-full.jpg\" width=\"600\"><\/p>\n<p>Westgate Resorts, Gissy Family Investments and other partner investors have entered into a relationship with RAV Bahamas, created by Gerardo Capo, which built the $850 million Bimini Bay project at Rockwell Island. The development offers homes with ocean views in the front and room for 80- to 120-foot docks in back on the bay. Rockwell Island will include an 18-hole golf course with even-larger homes, a boutique hotel and a nature preserve.<\/p>\n<p>\u201cThis new strategic investment marks an exciting milestone for Westgate as we expand our capabilities as a company,\u201d said Jim Gissy, Chief Executive Officer at Westgate Resorts and the Chair of Gissy Family Investments. \u201cOur investment in the Banyan Tree Bimini Resort &amp; Residences reflects our confidence in the long-term growth of the Bahamas, our deep friendship with Gerardo Capo and his family, and our commitment to creating exceptional travel experiences. We see this as the first step in unlocking new opportunities in one of the world\u2019s most desirable destinations.\u201d<\/p>\n<p>Westgate\u2019s investment marks its first venture in the Bahamas, establishing a new partnership that opens the door to future growth opportunities through its strategic investment group and reflects the company\u2019s ongoing expansion beyond its traditional focus on timeshare and resort development. The investment also sets the stage for future opportunities in the Caribbean market for Westgate Resorts.<\/p>\n<p>\u201cAs we look to expand Westgate, we are excited by the opportunities we see within vacation ownership, but also in those businesses that complement it \u2013 hotel development, real estate, and strategic investment partnerships,\u201d added Jared Saft, Westgate\u2019s Chief Business &amp; Strategy Officer. \u201cWestgate continues to forge ahead with groundbreaking initiatives and partnerships across the leisure travel industry.\u201d<\/p>\n<p>This is the latest in a series of announcements by Westgate Resorts showcasing the company\u2019s growth. This year, the company announced a partnership with Choice Hotels<sup>\u00ae<\/sup>, created a new timeshare brand \u2013 VI Resorts by Westgate &#8212; following the company\u2019s 44 destination international expansion, opened River Country Water Park at Westgate River Ranch Resort &amp; Rodeo, and launched a partnership with Chuck E. Cheese for the new Mystery Fun House Arcade Experience.<\/p>\n<p><strong>About Westgate Resorts<\/strong><\/p>\n<p>Westgate Resorts is a diversified hospitality company headquartered in Orlando, Fla., featuring the largest privately held timeshare resort club in the world and a portfolio of more than 60 resort properties. The company offers spacious villa accommodations, world-class amenities, and family-friendly destinations in sought-after locations such as Orlando, Las Vegas, Gatlinburg, Park City, and Myrtle Beach. In 2025, the company expanded its footprint with the addition of VI Resorts by Westgate, enhancing its presence in the Pacific Northwest, Hawaii, Canada, and Mexico. Since its founding in 1982, Westgate has focused on creating memorable vacations and delivering exceptional service, while maintaining a commitment to innovation, hospitality, and community engagement. Whether guests are seeking relaxation, adventure, or a combination of both, the company\u2019s 9,000 Team Members provide personalized and value-driven getaways tailored to every traveler\u2019s needs. Connect with Westgate Resorts on social media through&nbsp;<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=H-524W9M5iSf28Rs4ezZo3dmRGNWnKY3a284fCpjsXFaloXNniuGVW2qcYEvywyJsQeQwW5TaZJzPYFUUr8eP3jyA7ZAXEjX6VdbMIp0LEtwyFpg8eX5f3gO2CFdGadn\" rel=\"nofollow\" target=\"_blank\" title=\"LinkedIn\">LinkedIn<\/a>,&nbsp;<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=UcjyuINREkNniTLohUt2E2wb_SUTrWr2NBy1E-1TWgfqgmDwMvURK9fTxnQuTk5MOOR8zaJFWOemhxR7q_hZM0qJGmYCjjhqEHwoNMKPsyQ=\" rel=\"nofollow\" target=\"_blank\" title=\"Instagram\">Instagram<\/a>&nbsp;or&nbsp;<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=GqY_5v8TIxwaAKgGx_GtC3HU9OdIL7Q8rzEkE--Q7ZPSOH6peDa5HdONLvS8SBJKMozWjt3XgHebRxDxuN1o2bGI1XMGGGElsDMJ-EIldOw=\" rel=\"nofollow\" target=\"_blank\" title=\"Facebook\">Facebook<\/a>&nbsp;and learn more at&nbsp;<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=BCa9fThF-YRNfFp4tniHcxDZIX8t4ZllbRejTayOCjIq9TONBxo_8tWTDS19d81hp2sEqfQCArHqGuEXg6OpSgwyRXjpzPBaLpXWmGbd_6k=\" rel=\"nofollow\" target=\"_blank\" title=\"WestgateResorts.com\">WestgateResorts.com<\/a>.<\/p>\n<p>A photo accompanying this announcement is available at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=NL9laYv3KcVXpQLt_9SLHMvGxEKxBtkzbCXx1UdUdT32wRH0NPKgpo_O3ezSNF299skzwO-FO32mb0e2R3XoMgmwe3X8dikWuqYrI1Xvwg4tNpQXAOI21oBHx7R9APdVObtqwKRuSn5p6SSKr1qRWfj8YEbkeumKjlpXSArw4CKSFXy8kdF-WLaxVdR1wUlcY2D489TAV-2Ne0Jv38eHqPEra8Lr-ZC47UWWFTDDMzMlGCq0CL6U3eC9lYhDg8V84R1EbyTXQMeL3KR8Nae5VA==\" rel=\"nofollow\" target=\"_blank\" title>https:\/\/www.globenewswire.com\/NewsRoom\/AttachmentNg\/6a5201bd-9782-4458-a3dd-f4b0a168534d<\/a><\/p>\n<pre><\/pre>\n<p><img decoding=\"async\" alt src=\"https:\/\/ml.globenewswire.com\/media\/YTU3Y2E5ZmEtMTA2Zi00NWZlLWEwODQtMjQwYzdlZjYwNzYxLTEzMTQ1NDEtMjAyNS0xMC0xMy1lbg==\/tiny\/Westgate-Resorts.png\" referrerpolicy=\"no-referrer-when-downgrade\">  <\/p>\n","protected":false},"excerpt":{"rendered":"<p> Investment in Bahamas luxury real estate development sets the stage for future growth in the CaribbeanInvestors include Gissy Family Investments and other partners ORLANDO, Fla., Oct. 13, 2025 (GLOBE NEWSWIRE) &#8212; Westgate Resorts today unveiled its partnership in a major multimillion dollar investment in the luxury Banyan Tree Bimini Resort &amp; Residences development on Rockwell Island in Bimini, Bahamas.  Westgate Resorts, Gissy Family Investments and other partner investors have entered into a relationship with RAV Bahamas, created by Gerardo&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[75,1406],"tags":[],"class_list":["post-8151","post","type-post","status-publish","format-standard","hentry","category-business","category-globenewswire"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Westgate Resorts and its Partners Make Strategic Hospitality Investment in the Caribbean<\/title>\n<meta name=\"description\" content=\"Investment in Bahamas luxury real estate development sets the stage for future growth in the CaribbeanInvestors include Gissy Family Investments and other partners ORLANDO, Fla., Oct. 13, 2025 (GLOBE NEWSWIRE) -- Westgate Resorts today unveiled its partnership in a major multimillion dollar investment in the luxury Banyan Tree Bimini Resort &amp; Residences development on Rockwell Island in Bimini, Bahamas. 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Westgate Resorts, Gissy Family Investments and other partner investors have entered into a relationship with RAV Bahamas, created by Gerardo...","og_locale":"vi_VN","og_type":"article","og_title":"Westgate Resorts and its Partners Make Strategic Hospitality Investment in the Caribbean","og_description":"Investment in Bahamas luxury real estate development sets the stage for future growth in the CaribbeanInvestors include Gissy Family Investments and other partners ORLANDO, Fla., Oct. 13, 2025 (GLOBE NEWSWIRE) -- Westgate Resorts today unveiled its partnership in a major multimillion dollar investment in the luxury Banyan Tree Bimini Resort &amp; Residences development on Rockwell Island in Bimini, Bahamas. 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