St. Maarten – While all the focus at this moment is on the investment project in Little Bay – a 326-room hotel and 450 apartments – Jeff Berger’s St. Maarten Weekly News reports movement in other areas on the hotel front: the possible demise of the Blue Mall and its conversion into a Marriott Hotel and changes at the Westin in Dawn Beach.
Berger quotes “seasoned sources within the hospitality industry” who claim that Marriott will acquire the Blue Mall and turn it into a resort property.
“We do not know whether Marriott is also talking to Sudi Őzkan, the Turkish billionaire who owns Princess Port de Plaisance and also owns the big empty lot next to Ocean Club on Cupecoy Beach,” Berger wrote. “It would make sensed for Marriott to acquire that property, which is for sale for several million dollars, for waterfront development.”
Berger predicts with some authority that his readers “should expect a takeover of the Blue Mall to happen in the coming months.”
The owners of the condominiums on the upper floors will not lose their ownership rights and privileges, according to Berger.
Source: Today SXM Blue Mall takeover imminent, could become Marriott resort