Aruba vacation and travel information on Aruba hotels, beaches, restaurants and so much more

Go Back   Aruba Forums at Visit Aruba > Aruba Timeshare & Vacation Properties > Timeshare Q&A

Timeshare Q&A General questions about timeshares.

Thread Tools Display Modes
Old Saturday, January 31st, 2009, 11:51 AM
lizzardo's Avatar
lizzardo lizzardo is offline
Aruba Expert
Join Date: May 31st, 2007
Location: Aruba
Posts: 775
lizzardo is on a distinguished road
Default Arubian

Anyone knows who owns this property? La Cabana and the Arubian
split in two and i'm wondering who owns it.

Aruba Kitten Rescue
Reply With Quote Share with Facebook
Old Wednesday, July 7th, 2010, 10:16 AM
Entropy Entropy is offline
Junior Member
Join Date: July 6th, 2010
Posts: 4
Entropy is on a distinguished road
Default Re: Arubian

We were told in May of this year that the Aruban government has purchased the property and have opened it up again. This was according to staffers at LaCabana. Hope this helps.
Reply With Quote Share with Facebook
Old Saturday, July 10th, 2010, 04:56 PM
crosby crosby is offline
Join Date: April 13th, 2006
Location: Livonia, Mi
Posts: 80
crosby is on a distinguished road
Default Re: Arubian/Should be Aruban Resort

The Aruban re-opened at the end of February. The Government did not purchase it , but guaranteed a loan signed by a grp of owners. That loan has been repaid early and not by the most recent owner, Carl Icahn. He purchased the bonds/notes in March and purchased the resort at auction in May. That sale was finalized June 29th, but now is in process of an internal financial deal between Icahn grp and Tropicana Entertainment (not the Tropicana hotel) Icahn owns 47% of Tropicana Entertainment. In the meantime, the resort is 50%open and functioning on Maintenance fees. We are looking forward to the completion of all dealings pertaining to the purchase. The Key Largo Casino should be open soon,hopefully.
Reply With Quote Share with Facebook

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

All times are GMT -4. The time now is 09:52 PM.

Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2021, vBulletin Solutions Inc.
Copyright 2006 -2011 -