The Club Med Columbus Isle on San Salvador Island in the Bahamas might renovate the 236-room resort and add a condo-hotel.
The resort is in discussions with an investor and the Bahamian government, regarding the level of support and investment needed to move forward with the project.
Xavier Mufraggi, CEO of Club Med North America, said, "There are numerous challenges with operating in the remote Family Islands. If an agreement is reached by Club Med and Sand & Ocean Investments Ltd. with the government, the initial phase of the project would start in the fall."
The first phase would include refurbishment of the existing resort and the construction of 60 condo-hotel units.
The Club Med Columbus Isle opened in 1992. Mufraggi called the resort "a favorite of our guests from Europe, the U.S. and Canada."
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