#Providenciales, Turks and Caicos Islands – October 15, 2020 — Although vacation bookings for the October 14 opening of Beaches Resort Turks and Caicos were not through the roof, executives today explained it was not expected that they would be and the slow crawl of tourism amidst the coronavirus pandemic is absolutely not the reason the 700+ room resort has delayed its restart.
Magnetic Media was aiming to
ascertain if there could be alternative causes for the announcement of a delay just
five days before the luxury family all-inclusive was expected to open its
double gates to guests.
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Our probing, however, only unearthed
more of the same; Beaches will not re-open to tourism until a four-year-old tax
dispute is addressed.
“Breaches of our Development Agreement(s) and other legally
binding commitments have yet to be resolved for nearly 4 years, despite
tireless efforts by Beaches. The Board of Directors has therefore
mandated that the re-opening of Beaches be postponed,” said BTC in a statement
on Friday, October 9.
Gordon ‘Butch’ Stewart, Chairman of Sandals Resorts International which
owns Beaches, has a high level executive team in country, hoping to end the
stalemate. Progress is however, slow
going and this legal limbo is characterised as the worse experience Beaches
Resort has ever encountered.
“Our team and the citizens of the TCIG deserve so much better from
an elected government. Unfortunately, we must admit that this is the most
ineffective Government we have ever had to deal with when compared to the other
jurisdictions in which we operate. Our Development Agreement(s) and other
legally binding written commitments have been disregarded and trampled on.”
Many residents are dumb-struck by the allegations. Could government really be this irresponsible about untangling a fiscal mess with such a prominent investor and mammoth partner in tourism?
Beaches Craft Market day; Photo by Magnetic Media in February 2020
Five days later and no assurances are
coming from the Ministry of Finance, which is led by Sharlene Robinson, the Premier
of the Turks and Caicos Islands.
It is a wait and see as the Turks and
Caicos Islands Government (TCIG) has, since the disappointing announcement, been
mute; having stated previously it prefers not to engage in a public row with
the resort which employs 2,000 people; the largest employee complement in the
private sector.
Beaches Resort Turks and Caicos however, is
less given to silence and is not playing coy; a new press statement issued
today to Magnetic Media called the Government Administration incompetent.
“Beaches is told that the TCIG has been “working
hard” to resolve the matter. If that is the case, then 4 years later it
certainly appears to us that it is incompetence.”
This fiscal fiasco cannot be blamed on
COVID-19. The ongoing dispute does
however deepen the already severely depressed Turks and Caicos economy. Turks
and Caicos tourism, as a result of the unrelenting ravages of the pandemic on
the travel industry, is forecast to fall by over 50 percent and that could
worsen.
Hon Gordon ‘Butch’ Stewart, Chairman, Sandals Resorts International
“Beaches empathises with the hardship
being experienced by so many. Commercial activity has been at a
standstill since March of this year. Time is of the essence for the
TCIG to bring economic activity back to life to ensure the wellbeing and health
of the citizens of the TCI who have suffered for far too long. This
continued inaction by the TCIG is so grave that Beaches would be irresponsible
if we were to remain silent.”
Chairman Stewart, Magnetic Media is
informed, was prepared to reopen Beaches Resort Turks and Caicos with the
irregularly low bookings. The expectation
brought hundreds of staffers back to work at the start of the month in
preparation for the first guests. Team members we spoke to were happy,
optimistic for the first time in a long time and they were not alone.
Beaches Resort’s expansiveness brings
buoyancy to the entire island of Providenciales and beyond – taxi drivers,
retailers, grocers, craft market vendors other hotels, sister islands and the airlines
are all happier when Beaches is open.
“As the anchor resort in the TCI, we can
assure our incredible and dedicated team members together with the taxi
association and the wider community that we remain committed to the Turks and
Caicos Islands. We continue to extend our hand in having this matter
resolved fairly.”
Beaches responded to Magnetic Media with
the explanation that the company is not trying to bully the government and regrets
that it did not keep its promise to open on Wednesday.
Before the Covid-19 Pandemic crashed the travel and tourism industry; tourism was projected to surge beyond the 600,000 long stay visitor mark for Turks and Caicos. Photo by Magnetic Media in February 2020
“Beaches Resorts like so many others,
looked forward to re-opening its doors on October 14, 2020. Sadly this did
not take place despite every effort, humanly possible by our team to have these
long outstanding matters resolved with the TCIG. Beaches has been
extremely clear for nearly 4 years, that it owes no taxes whatsoever. As such,
there is no favour or forgiveness being sought from the TCIG.”
Beaches adds, they believe the matter
related to the dispute about unpaid or over paid taxes could be resolved in a
matter of days.
Beaches Resort Villages & Spa in Providenciales, Turks and Caicos has given its new reopening date as November 18.
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PROVIDENCIALES, Turks & Caicos Islands: — The Academy Eagles FC were crowned champions of the Beaches sponsored Men’s Provo Premier League after securing a comfortable 2-0 victory over defending champions, SWA Sharks, at the Venetian Road football field.
In a match that featured a mix of youth and experienced players, the Academy Eagles eventually broke through late in the game when Jean Innocent found the back of the net in the 77th minute. Innocent doubled the lead in the 95th minute from the penalty spot to clinch the championship.
Academy Eagles head coach Aaron Lawrence expressed immense pride in his squad’s performance. “I applaud the team for their discipline throughout the season and their ability to stick to the plan heading into this game,” Lawrence shared, adding special praise for team captain Myherwens Varis for “following tactical instructions throughout the game.”
“This victory would not have been possible without the thoughtful support from our main sponsor, Beaches Turks and Caicos resort. This is the second year running with this relationship. This has provided exposure for the semi-professional players and the Turks and Caicos Islands Football Association,” Lawrence noted.
On the opposing sideline, SWA Sharks coach Jack Watson was modest in defeat. While he noted that his team executed their strategy well, he recognized the Eagles’ determination. “I congratulate the Eagles team for wanting the win more,” Watson said. “We played to the game plan, but I fault a lapse in judgment that gave up two goals.”
Beaches Turks and Caicos, returning for a second year of sponsoring the competition, expressed ongoing dedication to youth football in the islands. General Manager Deryk Meany shared his enthusiasm, “I am satisfied with the impact that the league is having on youth development throughout the Turks and Caicos Islands and our resort’s involvement in fielding a team for the competition.” The final phase of the tournament now transitions to a knockout format among the eight participating clubs.
League executives also weighed in on the success of the season. Provo Premier League President, Phillip Baptiste, expressed his satisfaction with the league format and highlighted the significant progress made by the Turks and Caicos Islands Football Association (TCIFA) over the course of the tournament.
“This is what true success looks like as corporate partners like Beaches Turks and Caicos resort joins forces with the TCIFA in providing an avenue for youth development and sports. While we are happy for the continued sponsorship, we are anticipating more support from other entities. This is not only a win for sports, it is a win for development here in the TCI,” Baptiste shared.
TCIFA Technical Director Dane Ritchie echoed these positive sentiments, pointing to the league’s development as an avenue for showcasing local talent on a broader stage. “Our team continues to learn as they work on developing talents with the youth players, as well as providing a broader marketing avenue for the league to be seen internationally with FIFA+ streaming,” Ritchie said.
He added, “the TCIFA commends the growth of the coaching staff involved in the league and looks forward to further enhancing the competition to make them more competitive in the Caribbean leagues.”
Beaches FC and Cheshire Hall FC have both punched their tickets for the first two spots in the semifinals with a 2-0 win over Teachers’ Young Strikers and 5-0 thrashing of Provo United respectively in the first two quarter finals.
PROVIDENCIALES, Turks & Caicos Islands: — The French Village main stage at Beaches Turks and Caicos resort was transformed into a dazzling beacon of green and gold as the resort celebrated its highest achievers. Under the inspiring banner of “One Team, One Vision, Endless Achievements,” the annual Prestige Awards recently closed the chapter on an exceptional 2025.
More than 120 nominees across twelve distinct categories walked the red carpet, greeted by flashing cameras and the cheering of their peers. The evening was laced with vibrant entertainment that kept the energy high between award presentations. Attendees were also treated to an exquisite five-course menu, carefully curated to match the prestige of the occasion and celebrate the rich culinary talent present at the resort.
The event served as a powerful reminder of the dedication required to operate one of the premier family resorts in the Caribbean. General Manager Deryk Meany took the stage to address the audience while reflecting on a year of resilience, innovation and unparalleled guest service.
“This is a celebratory milestone that as leaders we are happy to share with the stars of the hospitality industry,” Meany shared. “You have shown the world the true mettle of leadership and commitment here at Beaches Turks and Caicos.”
To further recognize unique contributions to the resort’s operational success, Meany personally distributed the General Manager’s Special Awards. These honours were bestowed upon Eric ‘Cookie’ Johnson from the kitchen, Harriet Beeput from administration, and Javier Sarita from the entertainment department for their exceptional behind-the-scenes dedication.
The climax of the evening featured the announcement of the resort’s most prestigious overarching awards. Felipe Luzardo Neira from the kitchen took home the MVP of the Year (Manager of the Year) award, while Chad Peterkin from engineering and maintenance was named All-Rounder of the Year (Supervisor of the Year). The loyalty & travel department proved their collective strength by securing the A-Team of the Year title.
Individual team members were also recognized for their ultimate service standards. Deandra Astwood from the front office earned the Platinum Team Member of the Year award. The highest individual honour, Diamond Team Member of the Year, was awarded to Javain Campbell from the restaurant department. Campbell used his moment in the spotlight to highlight the importance of cross-departmental collaboration and community outreach.
“This accolade is a testament to the commitment and teamwork within all the departments of the resort,” Campbell noted after receiving his award. “The opportunity to volunteer at different Sandals Foundation activities as well as be a mentor to other team members means the world to me. This achievement will allow me to do more in leadership as I have been tasked with representing the entire team here at the resort.”
The Prestige Awards ensured that every facet of the resort’s operations received proper recognition. From environmental sustainability to guest entertainment, the specific category winners showcased a wide array of talents:
Movers & Shakers was awarded to Katherine ‘Tinkerbell’ Jiminez from the entertainment department
Legendary Team Member was secured by Kadian Smith from the restaurant
Circle of Joy went to Emanie Jocelyn Seide from security and loss prevention
Earth Guardian was claimed by Bernard Florvil from engineering and maintenance
Sandals Foundation Sentinel was awarded to Tanya Swann from administration
Standing Ovation Award was proudly accepted by Richard Myers from the laundry team
Money Maker Award went to Teesha McCallum-Hamilton from the resort shop
Heart of the House Hotel Manager’s Award was presented to Carlton Biggs from stewarding department
People’s Choice Award was won by Claire Ann Balones from the off site department
Pacesetter Award was given to Kassandra Henry from accounts & cost control
Founder’s Circle Award was claimed by Susan Outten from the restaurant
As the night drew to a close, the focus shifted to the rigorous selection process that led to the evening’s celebrations. The Prestige Awards do not merely look at a single moment of excellence, but rather evaluate a full twelve months of unwavering dedication to the guest experience. Human Resources Manager Owenta Coleby highlighted the rewarding journey these team members took to reach the main stage.
“This event is a culmination of a number of activities for the resort’s leadership and the team members who have been exemplary and consistent throughout the year,” Coleby shared. “Congratulations are in order for each nominee as they have been crowned winners for the different months of 2025.”
With the trophies distributed and the 2025 season officially wrapped, the staff at Beaches Turks and Caicos now look forward. Fueled by the “One Team, One Vision” mantra, these award winners are already setting the standard for another year of endless achievements.
Turks and Caicos, May 12, 2026 – A new era of digital finance regulation could be on the horizon for the Turks and Caicos Islands, as the Financial Services Commission moves to establish a legal framework for virtual assets and cryptocurrency-related businesses.
The TCI Financial Services Commission on Friday launched a public consultation on its proposed Virtual Assets Business Bill, 2026, legislation designed to regulate virtual asset service providers, stablecoin issuers and other digital asset activities operating in or from the territory.
Globally, governments and regulators have been racing to catch up with the rapid growth of digital currencies, blockchain technology and online financial platforms. Concerns over money laundering, cybercrime, fraud and the collapse of poorly regulated crypto exchanges have pushed jurisdictions to tighten oversight while still trying to attract financial innovation and investment.
The proposed TCI bill appears aimed at positioning the territory within that evolving international framework.
According to the FSC, the legislation is aligned with international standards and guidance from bodies including the Financial Action Task Force, International Organization of Securities Commissions and the Financial Stability Board.
The Commission said the bill would introduce a “comprehensive licensing, supervisory, prudential and enforcement framework” for the sector. The proposed law includes anti-money laundering and counter-terrorism financing obligations, cyber resilience requirements, enforcement measures and even a regulatory sandbox intended to support innovation.
Among the notable features are proposed reserve and governance rules for stablecoins, which are digital currencies typically tied to traditional assets like the US dollar. The draft legislation also outlines exemptions for certain technology providers and closed-loop token systems.
The FSC said the consultation period is intended to gather public and industry feedback before the bill is submitted to Cabinet next month. Written submissions must be received by June 8, 2026.
The consultation paper and draft bill have been published on the FSC website for public review.
Angle by Deandrea Hamilton. Built with ChatGPT (AI). Magnetic Media — CAPTURING LIFE.