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Internationally Renowned Hotelier Kempinski to Operate New Luxury Resort and Residences Directly on World Famous Turks and Caicos Grace Bay Beach

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International real estate developer JTRE partners with Europe’s oldest hospitality brand to offer owners and guests a one-of-a-kind luxury beachfront experience

 

From left to right: Bernold Schroeder, Chief Executive Officer and Chairman of the Management Board of Kempinski Hotels, Peter Korbacka, Chairman of the Board of Directors, Founder of JTRE Group, Christophe Piffaretti, Chief Development Officer, Member of the Management Board of Kempinski 

PROVIDENCIALES, Turks & Caicos Islands – November 20, 2023 – World-renowned international hotelier Kempinski Hotels has been named operator of a unique new luxury beachfront residences and resort, located on one of the last remaining pristine stretches of the award-winning Grace Bay Beach in Providenciales, Turks and Caicos Islands. The project is being developed by JTRE, a leading European real estate developer, and will be operated by Kempinski, Europe’s oldest hotelier – with more than 80 premium properties under management in 36 countries. The two companies signed an operating agreement and together will bring a new level of internationally renowned hospitality, contemporary design, and elegant service to the Turks & Caicos Islands portfolio of vacation and ownership offerings.

The partnership between one of the world’s oldest and most well-respected luxury hotel brands and a leading European real estate developer brings to the Turks and Caicos Islands a century of proven five-star hospitality delivered globally across the entire guest experience. Both Kempinski Hotels and JTRE’s global footprint in Europe, Asia, Africa, and the Middle East attract a loyal clientele that expands awareness for the entire destination beyond its traditional tourism markets, while also appealing to North American visitors.

Unobstructed views of pristine Grace Bay Beach await owners and guests at Kempinski Grace Bay

Kempinski Grace Bay

Discreetly set in a quiet, undeveloped 11-acre stretch of Grace Bay Beach, these luxury residences and resort feature 431 feet of white sand beachfront. The low-footprint design offers 4 beachfront villas and 72 condominium residences, creating a private sanctuary that blends into the natural landscape, creating a serene and secluded setting. Well-placed on the uncrowded eastern end of the world’s most beautiful beach, the property is just minutes from the Royal Turks and Caicos Golf Club, shops and restaurants, other attractions and conveniences, and a short drive to the destination’s international airport.

With spacious layouts and high-end finishes, Kempinski Grace Bay condos offer stunning views from private balconies.

Along with graceful contemporary architecture set discretely against the breathtaking natural surroundings, Kempinski Grace Bay will feature a premium offering of luxury amenities as well as new-to-the-island services for discerning guests and owners to enjoy. The design, the setting, and the operator distinguish Kempinski Grace Bay as offering elegant seaside luxury with premium hospitality.

“We are pleased to add this magnificent property in a world-class destination to our international portfolio of luxury hotels and vacation residences,” said Bernold Schroeder, Chief Executive Officer of Kempinski Group and Chairman of the Management Board of Kempinski AG. “Its location set directly on one of the most desirable beaches in the world offers our clients an unmatched experience to enjoy the beauty of this stunning seaside setting, embraced by the luxury and hospitality Kempinski is known for throughout the world.”

Welcome to Kempinski Grace Bay where island tranquility meets world renowned luxury on one of the last remaining pristine stretches of award-winning Grace Bay Beach.

Christophe Piffaretti, Chief Development Officer, Member of the Management Board of Kempinski, added: “We embarked on our journey with JTRE nearly two decades ago, and today, with pride, we oversee two of their exceptional hotels. It’s a delightful honor to once again be chosen by these visionary developers for their upcoming venture in Turks and Caicos.”

“Less is More” Luxury Experience 

Utmost attention to detail and environmental sustainability are hallmarks of the development, which respects the landscape of native plants, sand, and stone that borders the mesmerizing turquoise waters of the Princess Alexandra National Park. The property offers both the privacy afforded by one of the few remaining undeveloped beachfront stretches on the island and the convenience of its close proximity to Grace Bay’s attractions, services, and tourism amenities. In keeping with the Kempinski ethos of “less is more,” the property is purposely being developed as low density to ensure an exclusive and low-traffic experience.

The lobby bar and tropical oasis just steps from Grace Bay Beach

“The Kempinski brand sets a new standard for international service and luxury for Turks & Caicos visitors and investors. Its proven expertise in delivering exceptional and memorable experiences, combined with the casual elegance of this enticing architectural design and location, make this a treasured ‘best of both worlds’ destination for discerning travelers worldwide,” said Marek Baca, Chief Representative for the Americas for JTRE.

Multiple vacation and ownership options 

The three main condo-style residences on the property are stepped back from the beach to create a tropical oasis in the courtyard. They are configured as studio, one, two and three bedroom suites including four or five bedroom penthouse units. Four one-story luxuriously appointed villas, each featuring six spacious ocean-facing bedrooms, grace the front of the property.

Four private, six bedroom villas will be built on Grace Bay Beach providing the ultimate in luxury seaside living

Premium-level amenities will enhance the experience, starting with a grand arrival entrance area and lush lobby creating a garden oasis and spectacular bar with a view over the entire resort. The low-density property layout features ample space to dine, socialize, recreate, and relax. It offers three diverse dining venues including a beach club, two resort-style pools, an indoor luxury spa and fitness center, tennis and paddle courts, a kids club, as well as an indoor golf simulator, ideal for warming up for a round at the nearby championship-caliber Royal Turks and Caicos Golf Club.

This unique ownership opportunity is presented in two scenarios: beachside condominiums under a strata regime, and private villas offered as a land parcel with a construction contract. Pre-construction pricing and availability are to be announced in early 2024.

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Energy & Utilities Commissioner says new legislation will help to stabilize energy costs in Turks & Caicos Islands

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Providenciales, Turks and Caicos Islands – Thursday, 30th November 2023: The Energy and Utilities Department (EUD) of the Turks and Caicos Islands, today reminds the public that the comprehensive Renewable Energy Legislation is currently before the House of Assembly and that the Legislation not only addresses the existing challenges posed by fuel price volatility but also lays the foundation for a sustainable and resilient energy future for the TCI.

In a recent press release, FortisTCI cited global factors such as production cuts and increased demand for fuel, leading to a surge in market prices. The EUD acknowledging these challenges thanks our power supplier for its proactivity when it comes to informing consumers of any changes in the cost of electricity.  Further, the Government of Turks and Caicos wants residents and guests to know that it is committed to taking proactive measures that will transform the energy landscape through robust Renewable Energy Legislation. 

In that vein, Delano Arthur, the new Energy and Utilities Commissioner looks forward to working with FortisTCI in the upcoming days to find innovative and collaborative solutions to reduce the cost of Fuel and Energy in the Turks and Caicos Islands.  This initiative aims to not only mitigate the impact of volatile fuel prices but also secures a sustainable, reliable and affordable energy future for all of us.

 Key components of the Renewable Energy Legislation include:

  • Integrated Resource Plans: A formal planning process to prioritise renewable energy in addressing evolving energy needs.
  • Competitive Tendering Process: Government-run initiatives to promote healthy renewable energy competition, achieve low-cost energy, and meet Paris Agreement goals.
  • Administrative and Regulatory Measures: Establishing clear processes and responsibilities for all players who are in the renewable energy market.
  • Licensing and Safety Standards: Comprehensive licensing provisions to ensure accountability and safety standards for renewable energy systems.
  • Net Billing Program: Allowing building owners to self-generate and sell surplus electricity back to the grid.

The Renewable Energy Legislation serves as a mitigation against volatile fuel prices. By transitioning to cleaner energy sources and fostering a diverse renewable energy infrastructure, these Islands aim to reduce dependency on fossil fuels. The competitive tendering process introduced in the legislation ensures the selection of the most cost-effective renewable energy solutions, contributing to energy affordability and stability.

As the Islands invest in renewable energy, the increased share of clean, locally produced electricity provides a stable alternative to fluctuating fuel prices. The Net Billing Programme further incentivises distributed energy generation, offering a predictable path for building owners to contribute to the grid and receive compensation, thus reducing reliance on traditional fuel sources.

 

For further information, please contact:

Delano R. Arthur

Commissioner

Energy and Utilities Department

Turks and Caicos Islands Government

eud@gov.tc

649-338-3514

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Caribbean News

CANARI outlines climate priorities ahead of Cop28

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Rashaed Esson

Staff Writer

 

The Caribbean Natural Resources Institute (CANARI) informed that the Caribbean Climate Justice Alliance, in preparation for the upcoming annual COP28 in 2023, launched its “Caribbean Climate Justice and Resilience Agenda,” outlining the priorities for climate justice and resilience in vulnerable Caribbean small island developing states (SIDS).

 

In a press release, CANARI highlighted that the agenda recognizes the major threat of climate change to the region as well as aims to louden the voices of the at-risk groups “on the frontlines of the climate crisis and catalyze actions for climate justice and local resilience in the Caribbean SIDS.”

 

The priorities stated under the agenda are:

 

  1. Curbing emissions to limit global temperature

increase to 1.5 ̊C

 

  1. Scaling up locally-led solutions for adaptation and

loss and damage

 

  1. Improving access to and delivery of climate finance

for frontline communities, small and micro enterprises, and civil society organizations as part of a ‘whole of society’ approach

 

  1. Scaling up just, nature-based solutions for resilience

 

  1. Supporting a just transition for pro-poor, inclusive,

sustainable and resilient development

 

  1. Promoting gender equity and social inclusion

approaches to climate action

 

  1. Promoting youth and intergenerational equity as

core to the climate response

 

  1. Integrating a rights-based and earth-centered

approach in addressing all these priorities and ensuring climate justice

 

The at-risk groups referred to in the release include small-scale farmers and fisherfolk, rural women producers, income-poor people, elderly and disabled people, Indigenous and Afro-descendant communities, migrants, and LGBTQIA+ people.

 

Being cognizant of the severity of the effects of climate change on the Caribbean, CANARI referred to the fact that the very existence of the region is on the line.

 

“If greenhouse gas emissions continue unabated and global temperature exceeds 1.5 ̊C, the impacts of rising sea levels, more intense hurricanes, rainfall variability, ocean acidification, and other changes threaten the very existence of our way of life in the Caribbean and other SIDS that have contributed the least to global emissions.”

 

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Bahamas News

CARICOM Sec Gen speaks on Gender Based Violence

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Rashaed Esson

 

Staff Writer 

 

“Everyone must continue to invest in preventing violence against our women and girls (VAWG). It is an investment in our shared future,” were the words of Dr. Carla N. Barnett, CARICOM Secretary-General, as she reiterated the need for solutions against VAWG.

 

She called attention to VAWG as she gave a speech surrounding the annual campaign “16 Days of Activism Against Gender-Based Violence,” which runs from November 25 to December 10, 2023.

 

Barnett expresses the well-known fact that VAWG is one of the most prevalent issues affecting all corners of society.

 

“VAWG remains one of the most pervasive forms of human rights violations in the world and cuts across all races, cultures, genders, and educational backgrounds,” she maintained, as she continued to point out the sad reality that this is still a major issue despite regional and global policies.

 

“Despite the existence of regional and global policies and legislation to combat VAWG, weak enforcement and discriminatory practices remain significant barriers to ending VAWG.”

 

The Secretary-General highlighted statistics for VAWG, bringing attention to how serious and embedded this issue is in society.

 

She said that globally, 736 million women—nearly one in three—have experienced violence—physical and/or sexual intimate partner violence, non-partner sexual violence, or even both.

 

For the Caribbean region, she said surveys conducted between 2016 and 2019 inform us that one in two women experience intimate partner violence, which is higher than the global average. 

 

In continuation, Barnett expressed that the campaign calls everyone to action against VAWG, including “development partners, civil society organizations, women’s organizations, youth, the private sector, and the media.”  Also, world governments are being asked to share how they are investing in gender-based violence prevention.

 

Ending her address, the Secretary-General urged everyone to wear the color orange for the duration of the campaign, as well as on the 25th of each month, “as a symbol of hope for a brighter future where women and girls live free from violence.”

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