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Economic Development Authority Launches USVI Online Property Listing for Hotel Development

CHARLOTTE AMALIE — To promote hotel and resort development, the Economic Development Authority (USVIEDA) has launched an online database with at least 50 government and privately-owned USVI properties.

Developers and investors can learn about these properties at www.investusvirginislands.com 

“Hotel and resort developers need readily-accessible resources that can assist them in locating properties that are available for development,” said Kamal Latham, chief executive officer of the U.S. Virgin Islands Economic Development Authority.  “This type of database on our website is an essential tool in assisting developers and investors who are considering business opportunities in America’s Business Paradise, the U.S. Virgin Islands,” added CEO Latham.

The website’s property listing includes property photographs, drone aerial video, descriptions and prices, land acreage; and each property’s location by island. The USVI Realtor community continues to submit more properties for the database. This database will continue to be updated, listing properties for hotel and other investment opportunities.

From May 21– 23, 2019, USVIEDA CEO Latham participated in a business marketing mission to promote hotel and resort development opportunities in the USVI at the Caribbean Hotel & Resort Investment Summit (CHRIS) in Miami, FL. 

Governor Albert Bryan, Jr. led the USVI delegation which included USVI Tourism Commissioner Joseph Boschulte, USVI Port Authority Acting Executive Director Damian Cartwright and many public and private sector representatives.

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VI Free Press

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