International lenders did not disclose specificities, but said it was part of global cost-cutting plansNovember 26, 2015 11:32
The Business of Private Beaches
Here’s one sector that hasn’t suffered through the downturn. Often secluded, always carefully chosen, private beaches offer security and exclusivity to the affluent.
July 13, 2010 6:16 by kippreport
It may be the ultimate getaway: the premier private beach resort. These exclusive venues offer the allure of unobstructed views, seclusion, and security – all in the most opulent surroundings.
These are not just summer family vacation destinations. Discriminating clients come for the impeccable maintenance, safety, and upscale service. Carefully appointed, private sea-front properties cater to affluent guests in search of glamour and exclusivity.
But alongside the prestige and glamour of it all is a business plan. For the hotels, tourism companies, and other owners of these exclusive sea-front properties, the profitability of a private beach business can be a huge reward.
“Everyone knows that waterfront property is more valuable than water-view property, and that a private beach is worth a lot more than a public one,” according to Kent Safriet, an American lawyer representing private beach owners in a lawsuit against a US state government.
The world over, it seems the business of private beaches is thriving, even as it faces challenges of the 21st century. See how these exclusive venues are catering to eager clienteles amid the new financial realities.
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