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Leading Developer and Luxury Hospitality Company Unveil $300+ Million Abaco Luxury Development, Montage Cay, Abaco

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#TheBahamas, March 6, 2023 – With hard hats, shovels and broad smiles, the nation’s leaders joined a top developer and executives of a leading luxury hospitality company today, officially breaking ground on a $300+ million resort, residential and marina project in Abaco to be known as Montage Cay, opening late 2024.

The project, already underway, is a partnership between developer Sterling Global, a full financial service and real estate development group with headquarters in Nassau and offices in Cayman, and Montage International, a California-based hospitality management company founded by Alan J. Fuerstman, featuring the ultra-luxury brand Montage Hotels & Resorts, the contemporary luxury hospitality brand Pendry Hotels & Resorts, Montage Residences, Pendry Residences, and the management of some of the country’s premier golf courses and clubs.

The Abaco groundbreaking with Prime Minister Philip ‘Brave’ Davis and Deputy Prime Minister Chester Cooper follows Sterling’s successful grand opening of Hurricane Hole Superyacht Marina in late November. An event attended by more than 500, where Prime Minister Philip ‘Brave’ Davis called the marina and surrounding residential community, retail, and dining offerings, “fitting and welcome additions to the continued development of The Bahamas’ world-renowned tourism product.”

For guests at today’s ceremony, it was hard not to experience the juxtaposition, while remembering less than three years ago the devastation that flattened and washed away much of the city of Marsh Harbour, a short ferry ride away. Montage Cay, the private-island resort will feature 50 all-suite accommodations and a limited collection of Montage Residences built in harmony with the island’s seven white-sand beaches against a tranquil backdrop of the Sea of Abaco and the stunning surrounding cays. A 47-slip marina accommodating vessels up to 110 feet anchors the resort, allowing guests and residents of Montage Cay exceptional access to an array of world-class boating, fishing, and water sports activities. Montage Cay will boast an array of unique restaurant and bar experiences including all-day dining, a signature dinner-only restaurant, two beach bar and grilles, lobby, and pool bars, as well as a spa café and juice bar. Additional resort amenities include a full-service Spa Montage, an extensive health and wellness program, fitness center, swimming pools, and Montage’s signature Paintbox Children’s Club.

“Today we mark a milestone, officially breaking ground on a development that will transform the tourism offerings of the Northern Bahamas,” said Sterling founder and executive chairman David Kosoy. “Montage Cay and The Residences at Montage Cay will bring a new level of leisure and luxury to the Abacos.”

Montage Cay is not only providing a much-needed boost to the Bahamian economy during construction, helping people build back, but will provide upscale desirable jobs when complete and will attract visitors and residents who truly respect The Bahamas, its waters, its people, and the wonderful lifestyle this country has to offer.”

“We are pleased to be partnering with the team at Sterling Global to bring Montage Cay to life and introduce our first Caribbean resort,” said Alan J. Fuerstman, Founder, Chairman and CEO, Montage International. “Montage Cay has been designed to take advantage of the island’s natural beauty, while offering guests Montage’s signature amenities and service.”

Among the other dignitaries at today’s groundbreaking were Tourism Parliamentary Secretary John Pinder, Ministry of Works Permanent Secretary Luther Smith, local Abaco elected and appointed officials, Pastor Ryan Forbes of Assemblies of God, Treasure Cay, and Abaco Chamber of Commerce President Daphne DeGregory Miauolis. The event was covered by nearly every media house in the country.

 

Release: Sterling Global Financial

Photo Captions:

Header: Shovels in the ground for the official ground breaking of luxury resort, Montage Cay in Abaco (l-r) Hon. John Pinder, MP, Central and South Abaco, and Parliamentary Secretary, Ministry of Tourism, Investments & Aviation; Hon. I Chester Cooper, Deputy Prime Minister and Minister of Tourism, Investments & Aviation; Alan Feurstman, Founder, Chairman & CEO of Montage Int’l; Rt. Honourable Phillip Dave, Prime Minister of The Bahamas and Minister of Finance; David Kosoy, Executive Chairman & Founder, Director of Sterling Global Financial; Hon. Kirk Cornish, MP, North Abaco.

1st insert: Prime Minister Phillip Davis, Deputy Prime Minister Chester Cooper and Minister of Environment, Vaughn Miller exchange warm greetings with David Kosoy, Executive Chairman of  Sterling Global Financial at Montage Cay, Abaco.

2nd insert: Alan J. Fuerstman, founder of the luxury resort Montage chain of hotels along with his family and Montage team members.

3rd insert: Beautiful day at the $300+ million ground breaking event for Montage Cay’s luxury resort in Abaco.

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Monument Beverage Co. Caribbean Wines & Spirits Uniquely Bahamian Newest Product

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NASSAU, Bahamas — Caribbean Wines & Spirits (CWS), The Bahamas’ premier wines and spirits distributor is proud to announce the launch of Monument Beverage Co., its newest 100% locally produced ready-to-drink alcoholic cocktail.

Monument, “Made to Celebrate”, perfectly encapsulates everything the brand represents. Created and distributed by CWS, Monument is inspired by culture, crafted with excellence and bursting with innovation.

This unique beverage celebrates island living with three bold flavors, Ginger Lime, Peach Passion and Melon Fizz. All of which can be enjoyed at an ABV of five-point-two percent.

The brand’s creativity really shines through each can’s packaging. Bold colored stripes, cherished native flora and fauna and of course, national monuments can all be found on each can.

The beverage’s two year plus development is a testament to CWS’ dedication to quality and innovation. Countless hours of tastings, reformulations, focus groups and package design reviews all paid off with the creation of Monument.

Karla Wells-Lisgaris, Chief Commercial Officer of Caribbean Wines & Spirits and Caribbean Bottling Company (CBC), local producers of Coca-Cola and Dasani products, shared what this authentically Bahamian made product launch means for the company.

“When we were conceptualizing Monument, we wanted to create a product that not only tasted like The Bahamas but would be an ode to the nation as well. With those two thoughts in mind, I, along with a team of experts, created three incredible flavors we believe really connect with and celebrate the essence of island living,” she said.

“Additionally, being that Monument is the first product to be 100% manufactured by Caribbean Wines & Spirits, we really wanted to ensure that both the flavors and packaging honored our rich heritage. On each of the cans, you can find various monuments such as the Nassau Public Library in New Providence, the Garden of the Grove in Grand Bahama and the Hatchet Bay Silos in Eleuthera; all of which pay homage to our diverse Bahamian heritage.” Wells-Lisgaris concluded.”

The historic monuments found throughout our islands are more than places we pass every day; they are reminders of who we are, where we’ve come from and the stories that connect us as Bahamians.

Monument is perfectly formulated with quality ingredients, and each can celebrates a collection of these cultural icons from across The Bahamas.

Whether chilling solo beachside, gathered around a family table or backyard a grill with friends, make Monument your sip of choice.  Monument is made to celebrate, visit  www.cwsbahamas.com today for more details.

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Lady Kayla Crowned Goombay Punch Cup Sailing Champion of 2025/2026

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L–R: Joss Knowles, Kianno Hutchinson, Jazmin Darling, Assistant Marketing Manager at Caribbean Bottling Company and Dallas Knowles receiving a donation on behalf of the Exuma Sailing Club at the Long Island Regatta awards ceremony.

NASSAU, Bahamas —– Caribbean Bottling Company (CBC), local producers of Coca-Cola and Dasani products, is proud to crown Lady Kayla of Exuma as this year’s annual Bahamas Goombay Punch Cup winner.

CBC created the Bahamas Goombay Punch Cup to further the advancement of sailing and Bahamian culture through monetary and social support. The competition judges the skipper’s performance across three regattas, The Best of the Best, the National Family Island and Long Island Regattas.

The winning sloop led by Kianno Hutchinson and Joss Knowles showcased their skillmanship in the E-Class category across each round of competition. In addition to winning the trophy, the skippers were awarded a $5,000 donation, an $8,000 stipend to the junior sailing club of their island and a limited-edition Lady Kayla Bahamas Goombay Punch commemorative can, which will be released soon.

Jonathan Thronebury, Marketing Director of CBC shared the significance behind The Bahamas Goombay Punch Cup.

“The Bahamas Goombay Punch is more than a beloved local brand; it’s a vibrant part of our cultural fabric. Just like sailing, our national sport, it carries a rich legacy that spans generations. Recognizing this shared history, we’re proud to support initiatives that celebrate and advance Bahamian culture,” he said.

Hutchinson and Knowles shared what this win meant for them.

“I felt super proud when I realized we won. I am grateful and thankful to God, for good coaches and Joss. It was really an honor winning the Bahamas Goombay Punch Cup,” Hutchinson expressed.

“I am very honored to have been able to compete in the Bahamas Goombay Punch Cup, I think it is a great concept and idea for a competition and really adds a new motive throughout the regattas. The whole championship was super competitive, and every single race was a fight. Alvington McKenzie was extremely competitive and had us until the Long Island regatta, which made it a very fun and tough competition. Very excited to have been the winner of a super close championship,” Knowles revealed.

Lady Kayla’s owner, Dallas Knowles, shared the team’s winning strategy.

“In sailing consistency is key and our guys in Lady Kayla are some of the best in the business at staying near the top.  In the end, that was enough to secure their first Bahamas Goombay Punch Cup win. We are so proud of Joss and Kianno for what they have done in Lady Kayla.  Thank you to Caribbean Bottling Company for such an amazing and forward-thinking initiative,” Knowles shared.

The Bahamas Goombay Punch Cup is proud to continue its impact on sailing and community building through clean and fair competition.

For more updates on the Bahamas Goombay Punch Cup and Caribbean Bottling Company visit the website www.cbcbahamas.com today.

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Caribbean Bottling Supports the 27th Basketball Smiles Week  

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NASSAU, Bahamas — Caribbean Bottling Company (CBC), local producers of Coca-Cola and Dasani products, is proud to once again support Basketball Smiles for their 27th year.

Upholding its corporate pillar of community outreach, CBC proudly donated $2,000, over 75 cases of Dasani, Powerade and Sprite, reusable Powerade water bottles and numerous marketing materials.

The annual sporting summer camp offers free basketball and life skills training to Junior and High School students.

Basketball Smiles’ mission of developing leadership qualities while fostering children’s academic achievement and self-esteem aligns perfectly with CBC’s commitment to supporting and empowering youth.

Jazmin Darling, Assistant Marketing Manager for Caribbean Bottling Company shared why the company continues to support this program each year.

“At CBC, we believe investing in our youth is one of the greatest ways to strengthen our communities. We’re proud to support Basketball Smiles each year because it goes beyond the game. This program champions healthy lifestyles, positive values and brighter futures. It’s a privilege to play a role in helping these young athletes reach their full potential each year,” she shared.

Sam Nicholls, Basketball Smiles Camp President and Founder expressed.

“Caribbean Bottling Company is an incredible partner. We are truly grateful for their generous support, which will go a long way in making a positive impact on the lives of our campers,” Nicholls expressed.

CBC is always ready to lend its support toward initiatives and programs that uplift young Bahamians. The impact Basketball Smiles makes on the community is undeniable and is why CBC remains a historic sponsor.

For more information on sponsorship, events and new products, visit www.cbcbahamas.com today.

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