Margaritaville Beach Resort Coming to Cayman Islands
November 12th, 2015
Another Margaritaville resort is being developed, this time in the Cayman Islands:
The Treasure Island hotel in the heart of Grand Cayman’s tourist district is to become a full-scale Margaritaville Resort, new owners have said. Howard Hospitality Group (HHG) has bought the site, which was on sale for just over $15 million, and said it is already planning a major redesign and renovation of the building to convert it into a branded beach resort. The owners said it would open in December 2016, complete with and a two-story Margaritaville pool slide, multiple bars and restaurants and 280 rooms.
The hotel, which is home to a number of long-term tenants, will remain open during renovations under HHG’s management, the firm said in a release.
“The Margaritaville Beach Resort on Seven Mile Beach will provide a new and exciting hotel experience for Grand Cayman,” said Howard Sitzer, Chairman and CEO of HHG. “Authentically Caribbean, this luxury resort will embrace local tastes, sights and sounds and provide quality and vibrant entertainment for visitors and guests.”
This is not the first Margaretville in Cayman. George Town already has a branded bar and restaurant, inspired by the lyrics and lifestyle of singer, songwriter and author, Jimmy Buffett, but the new resort will be on a much bigger scale and will cater to overnight guests as well as cruise ship passengers, which are the downtown bar’s main customers.
Renovations are expected to begin early in the New Year the new owners stated and once open, the operational management will be led by Trust Hospitality of Miami.
Tagged in Business Empire, Margaritaville Hotel