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The Cabinet commenced a discussion with an investor who wants to purchase the old Jolly Beach hotel and to refurbish it for use.
He has demonstrated that the resources required are already in an account and that he is prepared to invest up to USD$15 to $20 million to make it a four-star hotel ready to receive guests.
The Cabinet is considering providing the investor with a lease of the property for 50 years.
Other developments in and around Jolly Beach will commence later this year, including the Nikki Beach project.
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$20M sounds promising, but will it be enough to fully restore and modernize the hotel?
I hope local workers and businesses benefit from this revival.
Really hoping for transparency and accountability in the investment process.”
Nice !!!!! This could create jobs and boost the economy.
Hope the renovations maintain the hotel’s charm while improving facilities for guests.
Will there be opportunities for local entrepreneurs to be part of this revival? Asking for myself… LOL
Will locals have access to the beach?!
Sorry I thought it already had an owner. Thought it was all part of the revamp of Jolly Beach area
Did not one Mr. Barrett purchase the hotel a few years back. Why can’t the government approach Mr. Adam Sturt of Sandals and propose of him bringing the Beaches brand to the country. Where families can have a place for stay over vacation where the said property is kids friendly. Just asking.
Antiguans have complacently allowed CDAL and Gaston to steal the 30 foot right of way which runs from Joseph’s Supermarket all the way to Sandra’s Beach bar Nikki Resort has no EIA. Jolly Beach has been privatized. Congratulations to Gaston. He now has what he always wanted, a luxury villa on his own private beach where the likes of you will not be able to bother him