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4,800 room Sugarcane Bay multi-resort development to break ground early 2020

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Jamaica’s Minister of Tourism, Hon Edmund Bartlett has announced that Karisma Hotels and Resort is set to break ground in the first quarter of next year, for their 4,800 room multi-resort development project in St. Ann. The project represents a near US$1 billion dollar investment.

The popular luxury chain has 26 properties in Latin America, the Caribbean and Europe under several brands, including El Dorado, Azul, Generations, Sensatori and Nickelodeon.

Minister Bartlett, who made the announcement at the opening day of the Caribbean Hotel Investment Conference and Operations Summit (CHICOS) said, “This has been a long awaited announcement and I am pleased that with all the necessary approvals granted, this mega project will begin to get on the way.”

This will be a series of hotels in Llandovery in St. Ann and we are excited as this addition of rooms will ensure we remain on target to securing 15,000 rooms by 2021; bring more visitors and create more jobs.”

The Caribbean Hotel Investment Conference & Operations Summit (CHICOS) is reputed as the premier hospitality conference in the region. Having just completed its 8th edition, CHICOS brings together nearly 300 regional and international investors and operators, as well as the region’s leading decision makers.

Following a digital presentation of the Sugarcane Bay design, during the opening day of CHICOS before scores of local and international tourism industry investors, Vice President of Corporate Affairs and Business Development of Karisma Hotels and Resorts, Mr. Ruben Becerra, was firm in the chain’s excitement at finally getting the development underway.

Senior Advisor and Strategist for Tourism, Delano Seiveright noted that in addition to Bartlett, Prime Minister Andrew Holness; Minister Daryl Vaz; Shovel Ready Programme lead and Chairman of the Jamaica Tourist Board, John Lynch; JAMPRO and a raft of other key government stakeholders worked diligently in getting the large and multifaceted project to implementation stage thereby fully opening the door for the creation of thousands of new jobs and lucrative contracts for many local stakeholders.

Karisma Hotels & Resorts plans to operate 35 resorts worldwide by 2020, building on recent growth in the Caribbean and Mexico.

MEDIA CONTACT: Jamaica Ministry of Tourism, Corporate Communications, 64 Knutsford Boulevard, Kingston 5, Tel: 920-4926-30, Fax: 920-4944

Hotel room boom sparks investments

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Jamaica is being prepared for a boom in hotel rooms over the next five years. It is expected that 12,000 new rooms will be added to existing room stock over that period, brining millions of US dollar investment to the island.

The investment line-up includes US$250 million by H10 Hotels to build 1000 rooms in Trelawny and over US$500 million by Amaterra to build out 5000 rooms across a multifaceted development also in that parish, starting with at least 1,200 hotel rooms for which ground was recently broken.

Minister of Tourism, Hon Edmund Bartlett outlined these investment deals at his Sectoral presentation in Parliament yesterday.

“Jamaica’s tourism is experience record growth in arrivals and earnings and this has attracted more investment in our highly sought after product. What we are seeing is surge in hotel construction and expansion from various chains who see Jamaica as a very viable tourist destination.

TOURISM TEAM: Minister of Tourism, on Edmund Bartlett (4TH left) is flanked by executive members of his team at the Ministry of Tourism following his Sectoral Presentation to Parliament on Tuesday, April 30, 2019. From left are: Executive Director of the Tourism Product Development Company (TPDCo), Dr Andrew Spencer; Chairman of the Tourism Enhancement Fund, Hon Godfrey Dyer; Regional Director, Jamaica Tourist Board, Odette Soberman Dyer, and Executive Director of the Tourism Enhancement Fund, Dr Carey Wallace

In fact, data from JAMPRO has indicated that Foreign Direct Investments in 2017 generated US$173.11 million or 19.5% of total Foreign Direct Investment,” said Minister Bartlett

The parish of Hanover is set for an investment of US$500 million by Princess Hotels & Resorts on 2000 rooms while Hard Rock will be building 1100 rooms in Montego Bay.

Over in St Ann, the first phase of the Karisma development will see US$200 million invested in building 800 rooms and Moon Palace is to spend USD$160 million in 700 rooms.

Recently, 120 rooms were opened at S Hotel in Montego Bay and later this year the Wyndam Hotel in Kingston will add 250 more rooms with 220 by AC Marriott, also in Kingston.

Outlining these projects, Minister of Tourism, Hon Edmund Bartlett expressed elation that his target of having 5,000 hotel rooms within five years earning US$5 billion, was being exceeded, as he made his presentation in Parliament’s Sectoral Debate today.

Even as the development of hotel rooms continue apace, Minister Bartlett reported to the House that the tourism industry was undergoing daily changes requiring appropriate response to remain relevant, fashionable and viable. This, he said, called for innovation and the development of new systems, processes and methodologies to reimagine the sector.

For further information contact:

Corporate Communications Unit

Ministry of Tourism,

64 Knutsford Boulevard,

Kingston 5.

Tel: 876-809-2906