Post by montegobayjobs on Dec 23, 2019 11:47:44 GMT
KINGSTON, Jamaica — Tourism Minister, Edmund Bartlett today signed an agreement with representatives of the Excellence Group of Luxury Hotels and Resorts to build two hotels in Oyster Bay, Trelawny, which will add more than 700 rooms to the island’s room-stock.
The first hotel will be built at a cost of US$110 million. It will have some 325-rooms and is expected to open its doors to guests in the first half of 2018. The second property, which will have some 400 rooms, will open at a later date.
The minister signed the agreement with the CEO of the Excellence Group, Antonio Montaner – Ferrer and the group’s Country Manager for Jamaica, Rafael Matas. The signing took place at Jamaica’s booth at FITUR, which is largest International Tourism Trade Fair for inbound and outbound Ibero American markets, now underway in Spain.
Speaking at the signing ceremony, Bartlett expressed that “investment in Jamaica’s tourism sector is booming and we welcome this new project as it marks the entry of yet another major brand to the sector”.
He added that the entry of the Excellence Group to the Jamaican landscape will certainly broaden the options available to visitors and help to enhance our product offering.
In welcoming the move Bartlett also stated “the current investment being made in our country is proof of the confidence the Excellence Group and our many other investors have in Jamaica. As we continue on our path to meet the objectives outlined in our growth agenda, this development project will aid in our quest to secure 15,000 new rooms in the next five years”.
He emphasised that another key component of our growth strategy is securing new investments and the entry of yet another investor is welcomed.