Why are resorts selling their cabanas?

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M&MfromMaryland New member

Member since 20 April 2022

M&MfromMarylandNew member04 March 2023 12:26:28

I see that Hopkins Bay Resort and it appears that NAIA Resort are selling cabanas that were originally resort owned.聽 Why is that happening and what are the long term plans for the resort?

gthompson206 Member

Member since 26 October 2021

gthompson206Member04 March 2023 15:38:45

@M&MfromMaryland I have a belizian friend who use to go to Hopkins Bay all the time. I鈥檝e sent him a message so will let you know any info he provides. He lives far North/West and since the hurricane he hasn鈥檛 been out and about much. Post if you hear anything. I鈥檝e stayed there and it is on my list to return.

Aerodex Serial expat

Member since 30 September 2015

AerodexSerial expat04 March 2023 16:08:49

257

I see that Hopkins Bay Resort and it appears that NAIA Resort are selling cabanas that were originally resort owned. Why is that happening and what are the long term plans for the resort?
-@M&MfromMaryland

I don't think this is anything new.

It is common for developments to sell individual properties to raise cash, then act as a leasing agent for the owner.

Short time vacationers never know it, if the resort does things properly.聽

Google: Hopkins Bay Resort NAIA Resort cabanas for sale

Bosleym Member

Member since 05 March 2023

BosleymMember05 March 2023 20:27:37

@gthompson206聽 - thank you!

Bosleym Member

Member since 05 March 2023

BosleymMember05 March 2023 20:28:41

@Aerodex -thank you!

wmiller77 Member

Member since 12 December 2011

wmiller77Member03 April 2023 22:00:13

@M&MfromMaryland

I can only speak for Hopkins Bay.聽 As long as I've been here these villas have always been owned individually with only the resort managing the rentals of the units.聽 So the selling of these units is done by the owners of the villa and not the resort.

M&MfromMaryland New member

Member since 20 April 2022

M&MfromMarylandNew member04 April 2023 03:18:28

Ah, that makes sense.聽 Thank you!

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