Karisma Hotels & Resorts partners with Margaritaville on new Honduras resort

November 28, 2023

They anticipate the project will be finished in 2025.

Karisma Hotels & Resorts and Margaritaville have released plans to develop an all-inclusive resort in Honduras. The Margaritaville Island Reserve Resort Roatan, Bay Islands, Honduras is the latest development in the duo’s Latin American expansion plans.

Karisma Hotels & Resorts SVP of Business Development, Design and Construction Mario Mathieu said the resort is eager to continue its business relationship with Margaritaville.

He commented, "We are thrilled to join forces once again with our esteemed partners at Margaritaville. Together, we are dedicated to creating an unforgettable and authentically local Margaritaville experience in Honduras that truly captures the essence of Roatan."

Margaritaville Executive Director Shamim Lodin said bringing its brand to the region is a win for both the company and local residents.

Lodin said, "We are excited to bring the Margaritaville brand to the island of Roatan in Honduras. It's an incredible destination with rich culture and history, offering guests the perfect island getaway.

"This location is an excellent fit for Margaritaville and will be an iconic property for guests, promising laid-back luxury and authentic Bay Islands charm."

Under the terms of the agreement, Margaritaville and Karisma Hotels & Resorts will collaborate with Island Shipping, S. de R.L. on building the resort. Once completed, it will be home to live outdoor music venues, along with 164 rooms and a 5 o'Clock Somewhere Bar.

The project is expected to wrap up in 2025.

Island Shipping CEO Jerry Hynds commented, "We are thrilled to bring such an enticing lifestyle brand to the island; our master-planned coastal development could not be a more perfect setting for Margaritaville.

"Roatan is experiencing significant growth, and we are proud and excited to be part of the journey to change the hospitality landscape on the island."


Product Spotlight


Things get unruly in the company of some fleecy characters in the new Konami Gaming’s new Unwooly Riches slot series.

John Connelly - Interblock preparing to launch online by the end of year

John Connelly, the Global CEO of Interblock, joins the Huddle to talk about:
- The company's conversion to the online space
- The performance of ETGs
- Interblock's new philanthropic efforts
- The trend of companies going private
- And more!

Michael Hershman - Dispelling casino 'myths:' New York needs to lose fear of the unknown

Michael Hershman, CEO of the Soloviev Group, joins Tim Poole on the Huddle to put forward his case that the Freedom Plaza is the way to go for one of New York's casino licences. He fields a variety of questions - not shying away from any of them - on why 'myths' about casinos and a fear of the unknown should be dispelled, as well as acknowledging the strength of rival bids and discussing opposition to the project.

Five years ago, before the mass proliferation of social media we see today – and even before the Covid-19 pandemic – I think you would be hard pressed to find a CEO talking about “Instagrammable moments.” KPIs w...

The Global Gaming Awards: Looking ahead to 2024's ceremonies.
After more than a decade of celebrating gaming's best, Gaming America looks ahead to a bright 2024 for the Global Gaming Awards in the Americas and Asia-Pacific.
From the top: The Indian Gaming Tradeshow & Convention
Tribal gaming is a uniquely American institution and all its uncommon attributes were on display this April at the Indian Gaming Tradeshow & Convention in Anaheim, California.
Review: Terre Haute Casino Resort and Harrah's Hoosier Park Racing & Casino
Terre Haute Casino Resort vs. Harrah's Hoosier Park Racing & Casino, Gaming America's Laura Mack reviews each property.
Eureka Casino interview: CEO Andre Carrier on resort expansion
We spoke with returning guest, CEO Andre Carrier, about Eureka Casino Resort's expansion. He aims to not only change the look and feel of the casino, but to also build residential housing around it.