{"id":227179,"date":"2025-02-27T13:15:00","date_gmt":"2025-02-27T17:15:00","guid":{"rendered":"https:\/\/antiguanewsroom.com\/?p=227179"},"modified":"2025-02-27T13:36:38","modified_gmt":"2025-02-27T17:36:38","slug":"jolly-beach-hotel-set-for-50-year-lease-to-antiguan-investor","status":"publish","type":"post","link":"https:\/\/antiguanewsroom.com\/jolly-beach-hotel-set-for-50-year-lease-to-antiguan-investor\/","title":{"rendered":"Jolly Beach Hotel Set for 50-Year Lease to Investor"},"content":{"rendered":"
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The government of Antigua and Barbuda<\/a><\/strong><\/em> is in the final stages of securing a 50-year lease agreement<\/em> for the Jolly Beach Hotel<\/em> with an investor of *Antiguan descent.<\/p>\n\n\n\n

The lease arrangement is intended to facilitate a major redevelopment<\/em> of the property, bringing it back into full operation as a four-star resort<\/em>.<\/p>

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Speaking at the *Post-Cabinet Press Briefing, Chief of Staff Lionel Hurst<\/em> described the investor as someone who has achieved significant financial success<\/em> and is eager to contribute to the country\u2019s tourism sector. <\/p>

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\u201cThis investor and his family have made their fortune and decided they want to play a role in Antigua\u2019s tourism industry,\u201d Hurst said.<\/p>\n\n\n\n

The redevelopment of Jolly Beach will take place alongside other *planned tourism projects, including the highly anticipated Nikki Beach Resort, which is expected to be built on a section of the hotel\u2019s property. <\/p>

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Additionally, high-end residential developments<\/em> are planned nearby to complement the resort\u2019s expansion.<\/p>\n\n\n\n

Government officials see the agreement as a significant boost to the hospitality industry, with expectations that the upgraded Jolly Beach Hotel<\/em> will enhance Antigua and Barbuda\u2019s<\/a><\/strong> appeal to international visitors.<\/p>

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A formal announcement with further details is expected from the Ministry of Tourism<\/em> in the coming weeks.<\/p>

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CLICK HERE TO JOIN OUR WHAT\u2019S APP GROUP The government of Antigua and Barbuda is in the final stages of securing a 50-year lease agreement for the Jolly Beach Hotel with an investor of *Antiguan descent. The lease arrangement is intended to facilitate a major redevelopment of the property, bringing it back into full operation […]<\/p>\n","protected":false},"author":12,"featured_media":227189,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-227179","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"\nAntigua Barbuda Secures Major Hotel Lease Agreement - Antigua News Room<\/title>\n<meta name=\"description\" content=\"Discover the latest news on Antigua Barbuda as it secures a long-term lease for the Jolly Beach Hotel redevelopment.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/antiguanewsroom.com\/jolly-beach-hotel-set-for-50-year-lease-to-antiguan-investor\/\" \/>\n<meta property=\"og:locale\" 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