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
198 Scholes Street, 65 Kent Avenue, 506 DeKalb Avenue and 11 Gunther Place (Illustration by the Real Deal with Getty, Google Maps)
Avi Philipson deal to acquire All Year portfolio is back on
Avi Philipson deal to acquire All Year portfolio is back on
From left: McSam Hotel Group's Sam Chang and SL Green's Marc Holliday with 711 Seventh Avenue  (Getty, Google Mpas, SL Green)
Times Square hotel developer sues neighbors over delayed demolition
Times Square hotel developer sues neighbors over delayed demolition
Napa Valley hot-air-balloon business lists for $12M
Napa Valley hot-air-balloon business lists for $12M
Napa Valley hot-air-balloon business lists for $12M
A photo illustration of the proposed Lower Platte River Corridor (Getty, Plan Preserve Play NE)
Nebraska lawmakers mull digging $1B recreation lake
Nebraska lawmakers mull digging $1B recreation lake
Illustration of Stefan Soloviev (HaydenSoloviev, CC BY-SA 4.0, via Wikimedia Commons, Getty)
Soloviev bets long-dormant Midtown East site in casino sweepstakes
Soloviev bets long-dormant Midtown East site in casino sweepstakes
CHIP's Jay Martin and HCR Commissioner RuthAnne Visnauskas (Getty)
Lies, damn lies, and statistics: Did rent-stabilized vacancies really fall?
Lies, damn lies, and statistics: Did rent-stabilized vacancies really fall?
PulteGroup's Ryan R. Marshall and RedFin's Glenn Kelman (PulteGroup, RedFin, Getty)
Wall Street is bidding up housing stocks again
Wall Street is bidding up housing stocks again
Empire Capital Holdings' Josh Rahmani, Hakimian Capital's Michael Hakimian, RXR's Scott Rechler and 1330 6th Avenue (Getty, Hakimian Capital, Empire Capital Holdings, 1330aofa.com)
Empire Capital, partners close on $320M deal for 1330 Sixth Ave
Empire Capital, partners close on $320M deal for 1330 Sixth Ave
arrow_forward_ios

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

Loading...