JADED BY WHAT could be a major loss on their investment in Almond Resorts Inc., local investors could be looking at an exciting new tourism enterprise by late September.
Crane Resort is going public and its owner Paul Doyle said if he got his hands on the sprawling 30-acre Almond Beach Village he would add that to the pool of businesses to which the public could become part-owners.
Doyle told the DAILY NATION the move was no gimmick to pull public sentiment to his side as he comes up against the local Bjorn Bjerkhamn-led Jada Group and Jamaican hotel magnate Gordon “Butch” Stewart for control of the failed St Peter hotel.
The Canadian investor, who continues the rapid expansion of his St Philip luxury “fractional ownership” and hotel property, revealed that he had already engaged the services of FirstCaribbean Capital Markets group to work on an initial public offering.
Read the full story in today’s DAILY NATION.
