It was announced this week on the Royal Caribbean web site, that the cruise ship port at Coxen Hole is scheduled to receive a big investment from Royal Caribbean Cruise Line, its majority shareholder. The $45 million expansion is will construct the second phase of the port which will extend the existing facilities to include new entertainment and commercial areas and accommodate more passengers.
The initial investment into the Roatan Port a few years ago transformed the simple dock with a gravel parking lot, into a beautiful commercial area called the Town Center. The investments by Royal Caribbean Cruise Line and the $62 million development of Mahogany Bay Port by Carnival Cruise Line show the strong commitment the cruise industry has made to the island of Roatan. The result of those commitments is that Roatan Honduras now ranks fifth in the ranking of 29 cruise destinations in the world, according to the Florida-Caribbean Cruise Association.
So what do all these cruising tourists know about the Western Caribbean? It’s a great place to visit ….. and to live! If you have ever considered living or retiring on a Caribbean Island, Roatan may be the place for you. It certainly is the best time to buy! Check out my web site Roatan Living for information on Roatan Real Estate for sale.
Enjoy Life, Philip