Enchantment Group has announced that it has acquired The Cove, a luxury beachfront resort on the Bahamian island of Eleuthera.

The Tropicana Hotel and Casino in Las Vegas is being sold for $360 million, reports The Associated Press.

One of the Caribbean Basin’s leading carriers is getting bigger. Panama-based Copa Airlines recently agreed with Boeing on the purchase of 61 new 737 MAX 8 and 9 aircraft.

Once the transaction has been formalized, the Company will announce its details to the market. This transaction will represent an important milestone in the life of GAP.

With growing competition from neighboring Caribbean nations and the changing face of its own islands, the Cayman Island Tourism Board (CITB) decided it was time to explore new options to support the Creative and Public Relations needs of its business.

In the last five years, Europe has lost a total of 73 scheduled airlines, meaning that if the trend continues there will be no European-based airlines in 25 years, according to John Grant, Executive Vice President of OAG.

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