I now have it on good account that the Kings Beach Hotel has been sold. The proud new owner, as was suspected, is the same party responsible for the infamous groynes (
groins - American English) and developers of the neighboring condos - St. Peter's Bay Villas (Scandinavian-Bajan developer, Bjorn Bierkam, and frontman for The Villages -
http://shar.es/FxRe - and other foreign investors). Rumor has it that "they" got it for the firesale sum of BDS $14M at a "silent bid" auction at the end of last June. So, again as was suspected, the orange paint on Kings Beach's wall noted above was indicative of something serious happening in the area. Look for more condos as the property already has Town Planning approval for a six-storey/50-unit condo block; so there will be condos from Leamington in the north all the way to The Great House to the south.
Even more foreboding is that surveyors were spotted on the beach last week and the suspicion (no announcements so people can only do the Math) is that they (Bierkam & company) are getting ready to put in another groyne to try to repair the damage done to the beach in front of Kings Beach by the already infamous previous three groynes. The surveyors were spotted as far south as The Pink House in Road View/Mullins.