The hotel sector is the backbone of Sapias Holding where most of the capital is invested in and profit contribution is generated. In this respect Sapias Holding synchronizes with Bonaire’s economy where Tourism is the main industry. Based on the number of rentable beds the Sapias Holding properties (Buddy Dive Resort & Belmar Apartments) have a market share of 14.50%. Based on actual occupancy however its market share is around 20%.
Buddy Dive Resort operates in the dive market serving the hard-core divers looking for an affordable though complete/full service resort. Looking at the classification it can be placed in the 3 to 3 ½ star market.
Belmar Apartments N.V. is an upscale property of 22 (90 beds) privately owned condo’s that serves the dive- and leisure market. Although full service facilities like restaurant, 24-hour front office, etc. are absent it can position itself at the higher end of the market.
Beltech N.V. The IT-subdivision is presently basically serving the other companies of Sapias Holding as well as some other accounts. Beltech Construction is active on 2 fronts namely fulfilling the maintenance and construction needs of the other Sapias Holding companies as well as third parties.
Palm Trading holds several dealerships within the dive market and well know brand names like Tabata, Princeton, Suunto, Cressi and Bare have given their exclusivity to Palm Trading for not only Bonaire, but for the entire Netherlands Antilles. Besides supplying the dive- and retail shops with dive gear and related equipment Palm Trading also holds the dealership for Lenhard & Wagner compressors a well known brand in the (dive/air) compressor market.
Caribbean Parasail & Water sports N.V. is active in the water sports market on Bonaire with its core business parasailing.
Hilltop Apartments N.V. operating under the name Caribbean Club Bonaire is serving the lower end of the market by offering complete resort facilities (bar, restaurant, swimming pool and dive shop) at an affordable price.
Unisense is the real estate holding.