The Tourism Ministry says it is currently helping with “several” potential purchases of properties in Bermuda, signalling signs of life in hotel investment and development in Bermuda.Parts of the Caribbean are reportedly seeing a hotel development and luxury property comeback as global stock markets rise to their highest levels in five years.Bermuda has a way to go to get any new hotel off the ground. And the inventory of failed resort properties grew by one more last month after KPMG was named receivers to Coral Beach Club and Horizons. But news that a potential sale of the former Sonesta site is in the works is positive news for the Island’s struggling Tourism industry.It is understood there has been new interest in redeveloping Pink Beach Club and Ariel Sands as well."Developers and financiers are contemplating several purchases in Bermuda and the Ministry is helping to facilitate clear paths and remove the challenges that had previously stifled hospitality investment,” a Tourism Ministry spokesperson said yesterday.“While we cannot discuss any individual arrangement as they are all in sensitive stages, the Minister would like to assure the public that the Ministry's officers are involved and working hard to bring new investment and new jobs to Bermuda."A notice of acquisition of land in the Official Gazette this week stated that Bermudian company Sinky Bay Ltd was applying to Government for a licence “to hold as constructive trustee” the equitable interest of non-Bermudian company Berco Ltd in the South Shore property and buildings, including the former hotel dormitories, at 6 Sonesta Drive and 18 Sinky Bay Road. Berco Ltd is an investment company of the wealthy Green family, Peter, Alexander and Andrew, owners of the Fairmont Hamilton.A spokesperson for Ariel Sands said the resort — owned by the Dill family including movie star Michael Douglas — is closed pending redevelopment, and not for sale at present time.But he added: “I can say that our development partners are actually visiting Bermuda this week but cannot comment further.”One of the developers behind a proposed $1.8 billion Morgan’s Point resort, Nelson Hunt, has claimed they’ve had investors interested, but needed approval for a casino to proceed. Mr Hunt said there would be no major hotel development in Bermuda without gaming attached.* Resort properties in receivership:Coral Beach Club & Horizons (operating under KPMG)Pink Beach Club (currently closed & under receivers Deloitte)Newstead Belmont Hills (operating under Ernst & Young)* Resort properties seeking investors and/or buyers:Former Sonesta site (a purchase of the 32-acre property is in the works)Former Club Med siteMorgan’s Point site9 Beaches* Resort properties closed/awaiting investment by owners:Lantana (Owned by US investor Lawrence Doyle)Munro Beach (Owned by US investor Sam Byrne)Ariel Sands* Resorts properties closed / vacantFormer Grape B Hotel