FEATURED SITES


Great Shows: Jam with Jimmy Buffett and Dave Matthews Band tickets, rock with Radiohead!

Margaritaville Resort Coming to St. Thomas

posted March 5th, 2013 at 11:17 pm

8 Comments »
by Josh Martin

Soon you’ll be able to stay at Margaritaville next time you’re in St. Thomas, USVI:

The former Renaissance Grand Beach Resort property has been boarded up for years, but Wyndham announced this week that it will soon be given new life as a Jimmy Buffett’s Margaritaville resort.

Wyndham made the announcement at its quarterly earnings call Wednesday.

Wyndham Worldwide Corporation Chairman and Chief Executive Officer Steve Holmes said Wyndham is excited about partnering with Buffett as a way to grow the timeshare division of the company.

This won’t be the only new Margaritaville resort coming:

We’re very excited to announce that Margaritaville has entered into a partnership with Wyndham Vacation Ownership, the world’s largest vacation ownership company, to create Margaritaville Vacation Club by Wyndham. Wyndham will develop Margaritaville resorts, starting with the conversion of a 34-acre property in St. Thomas, slated to begin later this year. Stay tuned for updates!

What locale would you like to see a Margaritaville resort?

(hat tip Michael B)


Tagged in Business Empire, Margaritaville Hotel



Hollywood Beach Margaritaville Hits Financial Snag

posted May 10th, 2012 at 10:38 pm

4 Comments »
by Josh Martin

The developer of the Margaritaville Hollywood Beach Resort is way behind in financing according to an article in the Orlando Sentinel:

The fate of the long-anticipated Margaritaville Hollywood Beach Resort is in peril because of problems obtaining financing, but the city and the developer say they’re optimistic the money will come through.

Developer Lon Tabatchnik is supposed to have financing in place by Tuesday but has yet to raise the $126 million needed for the 17-story, 349-room Jimmy Buffett-themed resort.

Tabatchnik had hoped to get the money through a program that gives foreign investors residency in the United States if they invest at least $500,000 each in job-creating projects.

But Tabatchnik, city officals say, has received commitments to date from only 26 Chinese investors, which would raise $13 million, far too little to meet Tuesday’s deadline.

To get the project going, he’s now talking to banks for loans and he’s asking the city’s Community Redevelopment Agency to kick in up to $25 million.

“We’re not alarmed by this,” Assistant City Manager Cathy Swanson-Rivenbark said. “We absolutely know he is feverishly working on this.”

Despite “the unforeseen hurdles,” Tabatchnik said he is not discouraged.

“We’re in the process of negotiating and finalizing the terms of our financing arrangements. We’re very close,” he said. “We’ll get them accomplished and we’ll get this project built.”

City officials say Tabatchnik wants to borrow at least $75 million from banks, but hotel analysts say banks are tight with credit for new hotels since the financial crisis in 2008.

“I think it’s going to be awfully tough. Banks are typically looking for at least 35 percent to 40 percent real equity,” said hotel analyst Scott Brush, of Brush & Co. in Miami.

The CRA already committed to lend Tabatchnik $10 million for furnishings at the resort when it is built. Tabatchnik is asking the agency to increase the loan by $15 million and provide it sooner so he can build.

The city is studying the proposal, Swanson-Rivenbark said.

Read the full story here.


Tagged in Business Empire, Margaritaville Hotel



Sneak Peak of Margaritaville Resort in Hollywood

posted February 2nd, 2012 at 10:43 pm

3 Comments »
by Josh Martin

Developers of the new Margaritaville Beach Resort in Hollywood, Florida have released renderings of the $130 million project that is slated to open in 2014.

The $130-million dollar resort will be located at Johnson Street on the Broadwalk and across A1A on the Intracoastal Waterway.

The resort will be 17 stories and have 349 rooms, along with seven restaurants, several bars, a spa, and retail shops. There’s also a lagoon pool which features a water slide and a “Flo Rider” used to simulate surfing which will be open to the public.

Take a look:




Tagged in Business Empire, Margaritaville Hotel



Margaritaville Beach Resort to Host First Event

posted February 1st, 2012 at 10:42 pm

No Comments »
by Josh Martin

The Miami Herald has an update on the Margaritaville Beach Resort under construction in Hollywood, Florida:

Margaritaville Beach Resort may not be open yet, but it’s already hosting a party.

On Thursday, nearly 500 travel gurus will get down Margaritaville-style as part of the Florida Huddle, a signature travel symposium, which draws travel experts from places including Canada, Scandinavia and Germany.

“It’s sort of our coming out party,” said Lon Tabatchnick, the developer of the beach-themed resort.

And though there will be no building or hammocks by the pool, there will be a giant tent, island-themed décor and probably a few shakers of salt.

“What better way is there to get people excited about the future?” he said.

And the future, for Margaritaville — which is tied to singer Jimmy Buffett — is looking bright, said Tabatchnick, during a presentation to the Hollywood City Commission Wednesday.

“We are getting there,” he said. “We are going through the process.”

Read the full article here.

The $131 million project is expected to open in August 2014.


Tagged in Business Empire, Margaritaville Hotel



Margaritaville Hotel to Simulcast Tampa Show

posted March 25th, 2011 at 9:25 am

No Comments »
by Josh Martin

The LandShark Landing Beach Bar at the Margaritaville Beach Hotel will simulcast Jimmy Buffett’s first show of the year next month:

On Saturday, April 16th at 7:15pm LandShark Landing Beach Bar will show a live stream of Jimmy Buffett’s concert in Tampa! The concert will be shown on a special giant 20′ screen on the beach outside LandShark Landing. All guests are invited to bring chairs and blankets to sit on while they enjoy the concert. There will be preferred seating for guests staying at the Margaritaville Beach Hotel, as well as Parrothead Club members with a badge.

There will be pre- and post- concert entertainment by Captain Josh (3:30p.m. – 6: 30 p.m. and 10 p.m. – midnight), a beach cookout and drink specials! No outside coolers, food and/or drinks will be allowed.

Stay over at the Margaritaville Beach Hotel after the show broadcast! Reservations can be made online here.



Tagged in Margaritaville Hotel, Touring



Win a Trip to the Margaritaville Beach Hotel

posted February 4th, 2011 at 2:18 am

4 Comments »
by Josh Martin

Margaritaville Foods is giving away a trip for two to the Margaritaville Beach Hotel in Pensacola, Florida!

The grand prize includes 4 days/3 nights at the Margaritaville Beach Hotel, plus airfare and transportation, and $500 spending money!

Five runners up will win a Key West Frozen Concoction Maker.

Go to facebook.com/MargaritavilleFoods, “Like” them, and then fill out the form to be entered to win.

Good luck!




Tagged in Contests, Margaritaville Hotel, Parrotheads



SUBSCRIBE


Receive a daily e-mail
with the latest news!

FEATURED VIDEO


NEWS ARCHIVES