CHEVY CHASE, MD – February 13, 2018 – The Ritz-Carlton Hotel Company, L.L.C. has signed a management agreement with The Liamuiga Corporation to open a Ritz-Carlton resort in St. Kitts expected in 2021, bringing the award-winning luxury brand to this Eastern Caribbean Island for the first time.
The natural beauty of St. Kitts attracts travelers from every corner of the world. Steeped in history, this destination, which is part of the Leeward Island chain of the Lesser Antilles, is treasured for its breathtaking mountainous terrain, rain forests and expansive beaches.
“We are excited to bring The Ritz-Carlton brand to the stunning island of St. Kitts and are happy to have found the right opportunity to do so,” said Lisa Holladay, Global Brand Leader for The Ritz-Carlton. “This collaboration will help meet the increased demand for luxury travel offerings on St. Kitts and we look forward to welcoming guests to experience The Ritz-Carlton’s legendary service set against such a breathtaking backdrop.”
The Ritz-Carlton resort, which will include 125 suites plus 25 branded villas and residences, will be located on the picturesque Southeast Peninsula of the island facing the Caribbean Sea. From this location there is easy access to the Robert L. Bradshaw International Airport, the UNESCO World Heritage Site of Brimstone Hill, downtown Basseterre and the local beaches of both leeward and windward sides of the Caribbean Sea. The resort will offer a wide range of amenities including a luxury spa, several swimming pools set within the lush tropical landscape, and spectacular indoor and outdoor dining facilities and meeting spaces.
“We are delighted to see this first step in what will be a major project on the Southeast Peninsula of the island,” said The Honorable Lindsay Fitz-Patrick Grant, minister of Tourism, International Trade, Industry and Commerce for St. Kitts. “We have maintained our focus on enhancing our tourism offerings and we are committed to ensuring sustainable investment and employment in St. Kitts. I am elated that we have such an eminent group working together on this project in what is surely going to be one of the best resorts in the Caribbean.”
The Ritz-Carlton resort will be the anchor of a larger development project led by The Liamuiga Corporation in association with Jim Wrightsman, Principal of the development management firm The JSW|Group. The exciting multi-phased project is situated on a stunningly picturesque 254-acre site fronting two sides of the Caribbean Sea. The project design team includes talented local professionals and consultants and an award-winning collaboration of the Coleman Partners Architects, Three Architecture Inc. and Marzipan Interior Design.
The Ritz-Carlton resort is estimated to create 300 jobs on the island during construction, with a further expected 250 jobs once the resort is operational. “We are delighted to be working with the government of St. Kitts and we are excited to help bring the iconic Ritz-Carlton brand to this exclusive destination,” said William Anderson, Managing Director of The Liamuiga Corporation.
Note on Forward-Looking Statements: This news release contains “forward-looking statements” within the meaning of federal securities laws, including the number of lodging properties the company may add in future years and similar statements concerning possible future events or expectations that are not historical facts. We caution you that these statements are not guarantees of future performance and are subject to a number of risks and uncertainties, including changes in market conditions; changes in global and regional economies; supply and demand changes for hotel rooms; competitive conditions in the lodging industry; relationships with clients and property owners; the availability of capital to finance hotel growth and refurbishment; and other risk factors that the company identifies in its most recent quarterly report on Form 10-Q or annual report on Form 10-K; any of which could cause actual results to differ materially from the expectations we express or imply here. We make these statements as of the date of this press release, and we assume no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.
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