Sandals Resorts International Announces New Beaches Resort in Exuma
Sandals Resorts International will be developing a new Beaches resort on Exuma. The resort will replace the now closed Sandals Emerald Bay property, and Executive Chairman Adam Stewart is optimistic about its impact on the local community.
Growth Opportunities for Exuma and Exumians
“There will be more seats and greater demand,” said Stewart. “This will lead to more growth.” He added that taxis, tour operators, farmers, and fishers will benefit from increased consumption, leading to more employment opportunities, foreign direct investment, and higher tax revenues, ultimately driving economic activity in the region.
Uniqueness of the Initiative
Stewart emphasized the uniqueness of the new resort, stating that “We’re positioning this as a product that currently doesn’t exist in The Bahamas or within the Sandals portfolio. When we came in 2010, we determined that the Sandals brand was the most effective way to put Exuma on the mainstream map.”
Development Plans and Timelines
Stewart said that Beaches Emerald Bay will join a series of new Beaches resorts being developed in Jamaica, Turks and Caicos, and another undisclosed location. Construction of the new resort in Exuma is planned to begin after the property goes out to tender by the end of the year, with plans to open 12-15 months later.
Gratitude and Long-term Commitment
Stewart expressed gratitude to the government for their active role in making the Beaches property a reality. He added that Sandals Resorts International is committed to long-term investments in The Bahamas, saying, “It’s a pleasure to invest in the islands of The Bahamas.”