The businessman behind plans for a luxury resort in the north of the Island says the concept's already been proven to work in the UK.
John Morphet wants to build 55 log cabins at Glen Truan in Bride as well as facilities such as a spa and restaurant.
The development would see millions spent in investment and bring hundreds of extra bed spaces to the tourism industry.
Mr Morphet says he's set up an identical business in the UK, which has been highly successful:
Foreign exchange brokerage sponsor walking footballer
A leading walking footballer has received sponsorship from an Island foreign exchange currency brokerage.
Minister says 10 year plan being drawn up for hospitality and retail
Enterprise Minister Tim Johnston says his department is working on a 10-year strategy to help the struggling retail and hospitality industries.
Sponsors needed for StemFest
The Department of Enterprise is looking for sponsors for its annual StemFest event.
New Sanctions Act now in force
Today is the first day a new Sanctions Act comes into force on the Island.
Bushy's TT village sponsor announced
Bushy's TT Village will be sponsored by sustainable energy company Ørsted.
Sure IOM launches new Home Visit service
An Island telecoms company is launching a Home Visit service to help customers with any broadband/Wi-Fi issues.
Business marks Island security first
A local business has become the first on the Island to be given a membership by a police security initiative.
Industrial estate plans for former mine
A St Marks company says it's hoping to build 20 industrial units on a former mine in Foxdale.
