BVI Island on the top of the most expensive offshore resorts, by Forbes

One of the most beautiful islands in the BVI – Necker Island, already mentioned in yesterday blog – has been ranked at the first place in the list of 10 the most expensive resorts offering remote island locations, luxury yachts and private chefs. This list was recently published by Forbes, and it is the second year when Forbes ranks the most exclusive resorts in the world by low-season rack rate.

While making the list, the attention was paid to the fact that the three most exclusive-use resorts having the higher rates are intended for the fewer number of guests. Some of them may be booked only by one guest group at a time, and the only way to visit them is to rent the whole island.

Top 10, which includes resort name, price per night and location:

1. Necker Island, US$ 30,000
British Virgin Islands

2. Musha Cay, US$ 24,750
Bahamas

3. Casa Contenta, US$ 11,600
Miami

4. The Rania Experience, US$ 9,500
The Maldives

5. The Villa at Sandy Lane, US$ 8,000
Barbados

6. Altamer, US$ 4,714
Anguilla

7. Fregate Island Private, US$ 2,450
The Seychelles

8. Turtle Island, US$ 1,632
Fiji

9. Cayo Espanto, US$ 1,395
Belize

10. Vatulele Island Resort, US $1,296
Fiji

To have a look on the top 10 presentation, you should visit the Forbes.com.

Actually, the whole list could look like the top of the offshore companies or tax jurisdictions. These are British Virgin Islands, Bahamas, Barbados, Anguilla, Seychelles, Belize – all of them are the admitted participants of offshore business. Only three locations including Fiji closing the top are not offshore jurisdictions.

As regards Necker Island in the British Virgin Islands, once being a private island, it has become an exclusive-use resort in the 1980s, due to the billionaire Richard Branson. The new rates on Necker Island made US$ 5,500 per night, such a thing was practically unheard before. Modern rates start at US$ 30,000 per night, and Necker Island is of very high demand. The BVI island is able to accommodate up to 26 people, and its success has given rise to the appearance of similar exclusive resorts.

Exclusive resorts and hotels are having their best time, and they can establish their prices at whatever rate. There are many factors contributing to the popularity of private-island resorts. Forbes says one of these factors was September, 11, since travel specialists admit the big shift in the private resort experience that has started from that date.

P.S. BVI Music Fest just started on Cane Garden Bay. Enjoy.

Brian Obvi,
Offshore Analyst

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