Geneva Hospitality to Open First Caribbean Resort

The Orlando-based Geneva Hospitality Group, a hotel/condominium management company, is breaking into the Caribbean market with the 1,200-unit Caracola Beach & Spa Resort on Margarita Island off the coast of Venezuela.

The condo resort is scheduled to open in mid-2010 and will offer themed restaurants, a nightclub, a market, duty-free shops, beach activities, and a spa. The one- and two-bedroom units will be available for rental when not owner-occupied.

Geneva Hospitality Group recently opened two Mike Ditka Resorts in Florida, has two properties in Wisconsin and will open the Palatinum Resort & Spa in southern Spain in two years.