Cap Juluca Owners: Resort Up For Sale, But Nothing Finalized Yet

Cap Juluca
Cap Juluca

Cap Juluca. // Photo by Joe Pike

Cap Juluca may be up for sale, but nothing has been finalized yet, according to a written statement recently released to travel media. 

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The owners of Cap Juluca recently issued a written statement informing travel media that they were exploring the idea of selling the popular luxury resort on Anguilla. According to the statement, there has been some false information surfacing that the property has already been sold. However, while the statement acknowledged the possible sale, it also refutes any claim that Cap Juluca has already been purchased. 

“While we have entered into an agreement for the possible sale of Cap Juluca, we have not finalized the transaction, and any communication you may have received from the prospective buyer has been done without our knowledge or consent,” according to the statement by Cap Juluca proprietors, Charles and Linda Hickox.

In November of 2011, it was reported that Cap Juluca was facing auction of some of its assets. According to that report, the owner of the property, Adam Aron, had reportedly failed on his payment to the previous owner Charles Hickox at the end of July and still owed some $67 million.

“As you know, it has never been our policy to solicit our guests for anything other than a return visit,” according to the statement. “We would never consider approaching you for financing. We will continue to make Cap Juluca the paradise for our guests that we have strived for since 1986.” 

Cap Juluca reopened under the original ownership of the Hickox family on November 15, 2012. Since taking the property back over, the Hickox have invested more than $12 million into property.

“If and when a sales transaction is determined,” according to the statement, “we will be happy to let you know what the future holds for our iconic property.”

Visit www.capjuluca.com and keep visiting www.luxurytraveladvisor.com for updates on this story. Be sure to follow Luxury Travel Advisor's Joe Pike on Twitter @TravelPike.

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