← News Tue Jan 24, 2017 - 1:53 am - 0 comments

US$100-m investment

SANDALS Resorts International says it will this year begin reconstruction of the old Dragon Bay hotel in Portland, transforming it into a 157-suite six-star boutique family resort at a cost of US$100 million.

“That will be our 12th hotel investment in Jamaica,” Sandals Deputy Chairman and CEO Adam Stewart told guests attending last Friday’s groundbreaking of a US$50-million hotel and BMW/MINI complex in St Andrew, spearheaded by Sandals, ATL, Marriott International and BMW.

“It’s not going to be a Beaches or Sandals. It’s going to be a brand new brand,” said Stewart, whose father Gordon is the founder and chairman of Sandals and Beaches Resorts and the ATL Group, which includes this newspaper.

“This has been a lifelong dream for my dad in particular,” said the younger Stewart whose father yesterday praised him for “doing a great, great job in leading the [ATL Group’s] motor car division”.

Published in the Observer
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