Sandals Resorts International (SRI) plans to increase its US$100 million investment in the proposed Beaches St Vincent Resort.
According to a release from the Ministry of Tourism, the announcement was made by executive chairman of Sandals Resorts International, Adam Stewart on Monday, February 28 while on a visit with his team to St Vincent and the Grenadines to give a status update on his company’s plans for the construction of the 350-room Beaches Resort at Buccament Bay.
While presenting the design concept for the Beaches SVG, Stewart expressed their excitement about the project.
“I can assure you,” Stewart said, “this hotel will be second to none of anything we have ever done, anywhere it will be a bold statement not just for the destination but more so the evolution of the Sandals brands and guest experiences alike.”
Minister of Tourism, Carlos James in acknowledging his satisfaction with the ongoing project stated: “We look forward to the construction and operational phase of Beaches St. Vincent and the Grenadines Resort which will be the first of its kind in the Eastern Caribbean.”
According to minister James, Beaches St. Vincent and the Grenadines Resort is now projected to employ more persons during its operational phase.
He pointed to other major investments expected within the tourism sector and said this will catapult the tourism product in SVG stamping the destination as a true industry leader and the most diverse tourism destination among Small Island Developing States.
“We are positioning our destination and our nationals to take full advantage of the expected boom within the tourism industry;
this includes boosting our existing room stock by over 1200 within the next few years, new and additional flights from our source markets, opportunities for linkages for farmers and fishers and sustainable livelihood programmes through community tourism,” James said.
Prime Minister, Dr. Ralph Gonsalves; Minister of Finance, Camillo Gonsalves; other members of the Cabinet; staff from the Ministry of Tourism, Civil Aviation, Sustainable Development and Culture; Invest SVG and the SVG Tourism Authority were also present at the presentation.