Sunday, March 26, 2006


Peter Kugler Timeshare Real Estate Developer Dies in US Unexpectedly

Paradise Island timeshare developer of the award-winning, luxury timeshare properties, the Paradise Harbour Club and Marina and the Paradise Island Beach Club, Hans Peter Kugler, died unexpectedly Monday, March 20, during a business trip to North Carolina at age 65.

A leader in the timeshare industry in The Bahamas for decades, Mr Kugler was also the developer of the luxury condominiums Shangri-La, Noble House and The Residence Club all located on Paradise Island.

He was a distinguished member of the business community and sat on the board of the Bahamas Timeshare Council, The Nassau/Paradise Island Promotion Board, the Paradise Island Tourism Association, and was a member of the Bahamas Hotel Association and a honorary member of the East Nassau Rotary Club. Born on July 5th, 1940 in Hildesheim, Germany, Peter Kugler began his career in the early sixties in Public Relations and Marketing in Hamburg. After two years, he began his own advertising company, K&K Werbeagentur, which he later sold to an associate and still exists today.

Mr Kugler, began his long association with the boating world by representing a German company that sold German Coastguard patrol boats to the governments of Kuwait, Bahrain and Abudabi.

In 1978, Peter Kugler came to the Bahamas for the first time. He bought a condominium on Paradise Island and made the island his permanent home.

Mr. Kugler began buying properties on the south-eastern end of the island in the early 1980's.

Together with several local businessmen, he developed the Paradise Island Beach Club timeshare resort in 1983. He was also one of the lead investors in Vacations in Paradise (VIP) the timeshare marketing and management company for the Paradise Island Beach Club which was established the same year.

After the success of the Paradise Island Beach Club, Mr. Kugler began developing a succession of landmark properties - Shangri- La in 1986 and 1987, Noble House in 1988 and 1989, and the Residence Club in 1998 and 1999.

In 1991, he developed the Paradise Harbour Club and Marina, one of the few timeshare resorts on Paradise Island to offer a 22-slip, well-protected marina as well as The Columbus Tavern, which serves Bahamian and continental food to both guests and the general public. Say good bye to a great timeshare real estate developer.

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