Wednesday, June 6, 2012

Cut Rate Paradise (Island)

Tales of Atlantis Resort's restructured debt (a--gulp--$2.3 billion loan has resulted which must be repaid by September of 2014) have filled the business pages of many major newspapers this past spring. They provide the back story for what has to be the best deal I've ever seen for this usually Tiffany's-priced resort on Paradise Island in the Bahamas.

Seems like the Atlantis now needs to keep all its rooms filled, all the time. To do so, its cutting prices by as much as 65%. In fact, some rooms here, in its least expensive tower, will now run just $99 per night, with additional discounts on Atlantis' marquee attractions (such as "Aquaventure" and "Dolphin Cay").  The deal, which promises discounts through the fall (with the exception of Thanksgiving week) is just one of many promotions on the site, which range from 50% off suites, to family packages that include entry to on-site attractions and free breakfasts and dinners for children.

For full information, click here.

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