IGY Marinas Expands its Business Venture at Red Frog Beach Marina in Panama
International Marina Company to Transition Its Marketing Partnership Into An Ownership and Management Agreement
Fort Lauderdale, Fla. – June 8, 2017 – IGY Marinas today announced that it has officially transitioned its existing marketing partnership with Red Frog Beach Marina to an ownership and management agreement. The company’s new business venture in Panama builds on the successful branding efforts implemented over recent years, which has further elevated the marina’s presence internationally.
“IGY Marinas continues to execute on our ownership strategy, carefully selecting marina facilities that meet the high quality standards associated with our brand,” said Tom Mukamal, CEO of IGY Marinas. “Our existing partnership with Red Frog Beach Marina has positioned the facility as a leading international megayacht epicenter in Central America. We look forward to enhancing our relationship in order to raise the marina’s presence, services, and amenities to the next level.”
As part of the integration process, IGY Marinas will join forces with the Red Frog Beach Marina team to begin incorporating the company’s award-winning services and operations. IGY also plans to make a significant investment in marina improvements to enhance the overall guest experience, and is exploring plans of adding on-site food and beverage concepts.
As an IGY destination, Red Frog Beach Marina boasts 12 megayacht berths with the ability to accommodate vessels in excess of 300 feet (90 meters) in length, as well as the electric requirements suitable to accommodate the world’s largest vessels. Marina guests can also enjoy the amenities offered at Red Frog Beach Island Resort & Spa, which include the swimming pool; shuttle bus access to the beachfront restaurant, Punta Lava, and surrounding areas; and utilization of the golf carts. Discounts are also extended on the resort’s jungle lodges and villas, nature spa, function space and on-site eco-tours.
Additionally, the marina offers guests an incredible line-up of recreational activities, including surfing at San Blas Islands, zip lining, hiking, underground cave tours, deep-sea fishing and more. Marina guests also have access to IGY’s Anchor Club Strategic Partners, which is one of the world’s leading large vessel support networks offering an array of services, including provisioning, crew training, health services and maritime travel.
For more information on The Marina at Red Frog Beach or any of IGY Marinas’ impressive collection of yachting destinations, visit www.IGYMarinas.com. Follow IGY Marinas on Facebook at www.Facebook.com/IGYMarinas or Twitter and Instagram @IGYMarinas.
About IGY Marinas
Based in Fort Lauderdale, FL, IGY Marinas is reputed to be the largest international marina company in the world and a leading point of contact for vessels in the western hemisphere. The company’s network includes 15 marinas operating in seven countries, with the newest location in Miami Beach (United States, Colombia, Mexico, St. Lucia, St. Maarten, Panama, and Turks & Caicos); more than 8,000 unique vessels serviced annually and approximately 100,000 customers each year. With more than 2,000 slips under management, IGY Marinas caters to a variety of markets, including sportfish, cruise, sail and megayacht. With more than 300 slips accommodating vessels over 80 feet (24 meters), IGY’s marinas are also leading destination ports for some of the world’s largest yachts - servicing more than 900 superyachts per year.
Additionally, IGY Marinas boasts one of the world’s leading large-vessel support networks, the IGY Anchor Club Strategic Partners, which encompasses an array of services from provisioning to crew training, along with health and maritime travel. IGY Marinas also hosts top international sailing, fishing and nautical-related events, making its marinas highly sought ‐ after maritime activity destinations. With a passion for giving back on a global scale, the company supports its marinas twice a year as part of its “Inspire Giving through You” philanthropic initiative.
954-510-3307 / PR@IGYMarinas.com
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