The parent company of Sandals Resorts, Beaches Resorts and Grand Pineapple Beach Resorts has bought the Veranda Resorts & Residences in Turks & Caicos.
Sandals Resorts International (SRI) acquired the luxury property, which is next door to Beaches Turks and Caicos, after successful negotiations with His Excellency the Governor, Damian Roderic Todd and the government of the Turks & Caicos Islands (TCI).
The purchase will be an expansion of the Beaches Turks and Caicos Resort Villages & Spa, which will now include a longer stretch of Grace Bay beach, and will be introduced as the five-star Key West Luxury Village on December 17.
All reservations on record for The Veranda after December 17 will be honoured by Beaches Turks & Caicos.
The Key West Luxury Village will feature luxury accommodations in a variety of categories, including three and four-bedroom beach villas.
The introduction of the Key West Luxury Village will be the first major addition to the property since the grand opening of the resort’s Italian Village in 2009. In addition to the 16 restaurants currently on the property, guests will now have access to four more restaurants through the expansion for a total of 20 dining options, as well as a number of other amenities.
Speaking from the annual Sandals Resorts Star Awards, which recognises the brand’s most successful travel agents from all over the world, Sandals Resorts chairman Gordon “Butch” Stewart thanked the government for their support, which made the acquisition possible.
“Recognition of this partnership and a determined commitment by this government to conduct business in the most professional and highest international standards, is a great example for the people of TCI and throughout the Caribbean,” said Stewart.