Guess how much this cruise liner’s private island reno will cost?

The 125-acre island in the Bahamas, CocoCay, is a key part of the cruise's "Perfect Day" experience.

New York Weekend Edition /
Mar.March 25, 2018 12:00 PM

(Credit: Pixabay)

A perfect day on CocoCay costs Royal Caribbean International $200 million to build.

The private island in the Bahamas has been owned by the cruise liner for more than three decades, however a major overhaul is now needed to keep guests, particularly millennials, feeling like their “Perfect Day at CocoCay” met expectations, according to Bloomberg.

The “thrill and chill” renovation will include new water park features, including what will become the tallest slide in North America at 135 feet high, a 1,600-foot zip line, one of the Caribbean’s largest wave pools, a freshwater pool, as well as a VIP section of private water cabanas with their own water access via slides and an in-cabin attendant.

The island might have up to 10,000 visitors on a given day, though the cruise line is trying to cap it at around 6,500.

The phased renovation is scheduled to complete stage one in 2019, and Royal Caribbean is throwing down hints that it’s interested in buying up other private islands around Asia and Australia to create a “Perfect Day Island Collection.” [Bloomberg]Erin Hudson


Related Articles

arrow_forward_ios
The price of a new home in China’s largest cities fell for the first time since 2015
New home prices in China’s largest cities fall for first time since 2015
New home prices in China’s largest cities fall for first time since 2015
Real estate powers Blackstone’s best quarter ever
Real estate powers Blackstone’s best quarter ever
Real estate powers Blackstone’s best quarter ever
Terreno Realty CEO W. Blake Baird and an aerial of the property (Google Maps)
Terreno Realty pays $44M for NJ industrial site
Terreno Realty pays $44M for NJ industrial site
Madison Realty Capital Co-Founders Josh Zegen and Brian Shatz with a rendering of the River North development (Madison Realty Capital, FXCollaborative)
Madison Realty’s altered plans for SI complex approved
Madison Realty’s altered plans for SI complex approved
Pandemic forces mom-and-pop landlord to sell out
Pandemic forces mom-and-pop landlord to sell out
Pandemic forces mom-and-pop landlord to sell out
PBC's Eli Elefant and 452 Fifth Ave (PBC)
Elefant’s PBC to liquidate $2B in US real estate, including HSBC building
Elefant’s PBC to liquidate $2B in US real estate, including HSBC building
Chinese developer willing to sell Manhattan supertall site at big loss
Chinese developer willing to sell Manhattan supertall site at big loss
Chinese developer willing to sell Manhattan supertall site at big loss
SL Green CEO Marc Holliday, Chelsea Piers Fitness CEO David Tewksbury and One Madison Avenue (Getty, SL Green)
Chelsea Piers is coming to SL Green’s One Madison
Chelsea Piers is coming to SL Green’s One Madison
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...