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By Robert Curley, About.com Guide to Caribbean Travel

Party Like It's July '08 with Elite Island Resorts

Thursday December 11, 2008
Remember the golden days of mid-2008, when Wall Street stocks were still riding high and your 401k still looked robust enough to keep you out of the ranks of 'unretired' Wal-Mart employees? Well, Elite Island Resorts still seems to believe in the American Dream: the hotelier will take your weary stocks off your hands at July 1, 2008 prices as payment for a luxury stay in Antigua, the Grenadines, or the British Virgin Islands.

The clever "Roll Back Your Stock's Value" deal is good on stays between now and Dec. 20, 2009; stock must be transfered in lieu of payment to Elite Island Resorts by Jan. 31, 2009. About 100 stocks will be accepted, ranging from American Express at $40 per share (closed today at $21.56) to Goldman Sachs at $177 per share (worth $71.53 today). Stock valued at up to $5,000 will be accepted; payment for resort stays costing more than that must be paid by credit card.

"How many of us wished we could have sold our stock before it collapsed this fall?" said Steven E. Heydt, Elite Island Resorts' president. "This is the first time in the travel industry that a resort company has accepted stock as payment toward vacations. We are willing to wait for the stock to turn around."

Participating all-inclusive Caribbean resorts featured include on Antigua: The Verandah Resort & Spa; St. James's Club & Villas; Galley Bay Resort & Spa; in the Grenadines, Palm Island Resort; and on Tortola, Long Bay Beach Resort & Villas.

For full details, see the Elite Island Resorts website or call 855-237-1366.

More Information on Travel to Antigua

More Information on Travel to St. Vincent and the Grenadines

More Information on Travel to the British Virgin Islands

Photo: Palm Island Resort, © Elite Island Resorts

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