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TURKS & CAICOS HOTEL AND TOURISM ASSOCIATION SHINES AT CHTA CARIBBEAN TRAVEL MARKETPLACE 42 IN JAMAICA

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Providenciales, Turks & Caicos – May 23, 2024 – The Turks & Caicos Hotel and Tourism Association (TCHTA) was front and center alongside Experience Turks and Caicos as the destination showcased its tourism offerings at the Caribbean Hotel and Tourism Association’s 42nd annual Travel Marketplace held in Jamaica May 21st – 23rd.

The Caribbean Travel Marketplace is a premier gathering for travel buyers and suppliers from around the world. The event features a bustling showroom floor, media presentations, and a travel forum where industry leaders discuss the state of the sector and strategies for future regional growth.

TCHTA members Tides Grace Bay, Villa del Mar, The Strand, Salterra, Seven Stars, Royal West Indies, Sailrock South Caicos, Ocean Club Resorts, Hartling Group, and interCaribbean were proudly positioned within a vibrant and beautifully designed pavilion in partnership with Experience Turks and Caicos, the country’s destination marketing body. Each member showcased their unique offerings, contributing to a strong presence in the marketplace and fostering valuable industry connections.

TCHTA’s CEO, Stacy Cox, played a pivotal role in representing the association, participating in the destination’s press briefing. In her presentation, Cox highlighted several exciting new developments and the overall performance of the Turks & Caicos accommodations sector.

Cox shared, “We have experienced remarkable growth in our accommodations sector, with several new projects underway that will greatly enhance our destination’s offerings. The first quarter of 2024 has been stellar, with high occupancy rates and significant revenue growth across the sector.”

During the briefing, Cox introduced several new and upcoming developments that promise to elevate the luxury travel experience in Turks & Caicos:

  • The Strand – A private resort community featuring luxury oceanfront properties with views of Cooper Jack Bay and the Caicos Banks.
  • South Bank by Grace Bay Resorts – A development of luxury residences featuring diverse neighborhoods like The Arc Sky Villas, The Boathouses, The Ocean Estate, and The Lagoon.
  • Andaz Turks and Caicos at Grace Bay – A boutique hotel and residential offering set to open in early 2026, featuring 59 hotel rooms and 74 residences.
  • Salterra Resort and Spa – Located on 3,000 feet of private beach in South Caicos, offering a mix of guest rooms, suites, and villas.
  • The Loren at Turtle Cove – A luxury lifestyle hotel with direct ocean access through its 37-slip private marina.
  • The Point by Grace Bay Resorts – An addition to Point Grace, featuring oceanfront condominiums, casitas, new dining options, a spa, fitness center, and more.
  • Kempinski Grace Bay – An 11-acre property in Leeward with 72 condominium residences and four private villas.
  • The Sanctuary – A collection of estate residences on Flamingo Pond with amenities like a yoga pavilion, workspace, and EV charging station.

Additionally, Cox announced a significant new development agreement that will bring three IHG-branded hotels to the islands, further enhancing the destination’s diversified offerings.

  • InterContinental Turks and Caicos
  • Kimpton Turks and Caicos
  • Hotel Indigo Turks and Caicos

A key theme in the presentation was the focus on sustainable development. “These developments are designed with a strong emphasis on sustainability, incorporating environmentally friendly building practices and sustainable design elements,” Cox noted. “Our goal is to ensure that our growth respects and preserves the natural beauty of the Turks and Caicos Islands.”

Karen Whitt, Marketing Chair of TCHTA and former Marketing lead for Marketplace, expressed her excitement about the event and the destination’s showing. “Our participation in the Caribbean Travel Marketplace is vital for maintaining our competitive edge in the global tourism market. The connections and partnerships formed at Marketplace are invaluable. It’s gratifying to see the enthusiasm for our destination and the positive reception from travel buyers and media alike. We are poised for a strong year ahead, and I am confident that Turks & Caicos will continue to shine as a premier travel destination,” said Whitt.

The CHTA Caribbean Travel Marketplace in Jamaica provided an excellent platform for the TCHTA and its members to showcase the unique and luxurious experiences available in Turks & Caicos. The association looks forward to continuing its momentum and to even more record-breaking arrivals to the destination.

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DDME Conducts Hurricane Preparedness Presentation to Digicel Staff

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Providenciales, Turks and Caicos Islands— Thursday, 24 September 2026:  The Department of Disaster Management and Emergencies (DDME) was invited by Digicel to deliver a hurricane preparedness presentation to members of their staff.

The engaging 90-minute presentation formed part of DDME’s ongoing public education and awareness efforts aimed at strengthening preparedness across the Turks and Caicos Islands. During the session, Digicel employees were provided with important information on the potential impacts of hurricanes and other emergencies, as well as the actions that individuals and organisations can take to reduce risks and protect lives, property and essential operations.

The presentation emphasised that preparedness is a shared responsibility and should begin well before a storm or other emergency threatens the country. Staff were encouraged to understand the risks associated with hurricanes, remain informed through official sources and develop personal and workplace preparedness plans.

DDME recognises the important role that businesses play in national disaster preparedness and resilience. Corporate organisations are encouraged to establish and regularly review emergency plans that clearly outline responsibilities, communication procedures, evacuation arrangements, business continuity measures and recovery actions.

“Preparedness is most effective when it is planned and practised before an emergency occurs,” Jason Hills, DDME Director. “Organisations that invest in preparedness today are better positioned to protect their people, maintain essential services and support the wider community during times of crisis.”

Corporate organisations, schools and government departments interested in DDME’s assistance with hurricane preparedness training, emergency drills support or assistance with developing a business contingency plan are encouraged to contact the Department of Disaster Management and Emergencies via email at ddme.tci@gmail.com.

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Caribbean News

Royal Caribbean Group and Sandals Resorts Announce Landmark Partnership to Accelerate Their Leading Vacation Experiences

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Royal Caribbean Group Investment to Advance Sandals and Beaches’ Growth and Broaden the Group’s Vacation Portfolio

Montego Bay, Jamaica and Miami, September 24, 2026 – Royal Caribbean Group (NYSE: RCL) and Sandals Resorts today announced the signing of an agreement to form a partnership in the all-inclusive resort space with a 50% investment from Royal Caribbean Group.  Building on Sandals and Beaches Resorts’ more than four decades of leadership in Caribbean hospitality, the joint venture will create new opportunities for continued resort growth while broadening the experiences across Royal Caribbean Group’s vacation platform.

The partnership brings together two of the travel industry’s most celebrated vacation companies, pairing Sandals and Beaches’ all-inclusive resort expertise with Royal Caribbean Group’s vacation platform, including industry-leading brands – Royal Caribbean, Celebrity Cruises and Silversea – a portfolio of private destinations, new river cruising offering, and an industry-first loyalty program. United in a shared history in the Caribbean and connected by a love for their communities, the companies will offer travelers an unparalleled collection of cruise, private destination and resort experiences, serving guests across more vacation occasions and establishing their undisputed leadership in Caribbean vacations.

The joint venture expands Royal Caribbean Group into an adjacent vacation category, growing its participation in the approximately $2 trillion global vacation market, and meets the growing global demand for Sandals and Beaches Resorts by accelerating their expansion. The partnership will include Sandals and Beaches’ collection of premier all-inclusive properties across the Caribbean, and the companies will explore opportunities to broaden distribution, deepen guest engagement, and make it easier for travelers to discover vacation experiences offered across both portfolios.

“For nearly 60 years, we’ve reimagined what a vacation can be, constantly expanding the ways we inspire our guests to explore, connect and create lifelong memories,” said Jason Liberty, Chairman and CEO, Royal Caribbean Group. “We have been building a vacation platform that brings joy to millions of people around the world and creates meaningful relationships that last with our guests. Our partnership with Sandals and Beaches Resorts is an important next step on that journey – bringing together two iconic leading vacation companies to further strengthen and grow one of the most admired resort portfolios in the world. The Stewart family has created powerful and beloved brands, and we are honored to build on that legacy. Together, we see tremendous opportunity to expand the reach of Sandals and Beaches Resorts and continue turning the vacation of a lifetime into a lifetime of vacations.”

“My father, Gordon ‘Butch’ Stewart, founded Sandals Resorts with the belief that a company built in the Caribbean could stand on the world stage alongside the most respected names in hospitality. Today is proof of how far that vision can go,” said Adam Stewart, Executive Chairman of Sandals Resorts and Beaches Resorts. “This partnership is the natural next step in building on that conviction. It gives us the ability to grow faster with a partner that shares our values of exceptional hospitality, long-term investment, and the power of enduring brands. Together, we will introduce more guests to Sandals and Beaches Resorts while creating even more extraordinary experiences for those who have made our resorts part of their lives for decades.” Stewart added, “As we continue to grow, we will remain true to what has always defined us: delivering authentic vacations that exceed expectations while creating opportunities for our team members, travel advisor partners and the communities we call home. The future has never been brighter, and I know this moment would make my father incredibly proud.”

The joint venture will be governed by a board under the shared leadership of Stewart and Liberty. Stewart will maintain a leadership role in guiding the company’s long-term strategic growth as Executive Chairman of Sandals and Beaches Resorts. Existing reservations, loyalty programs, resort operations and cruise operations will continue as usual, with the partnership bringing additional resources to support future opportunities.

Under the terms of the agreement, Royal Caribbean Group will acquire a 50% equity interest in Sandals and Beaches Resorts for approximately $3 billion, representing a forward EBITDA multiple of approximately 10x.  Royal Caribbean Group has secured committed debt financing from Morgan Stanley to fund the investment.  The transaction is expected to close in early 2027, subject to customary approvals and closing conditions, and is expected to be accretive to earnings next year.

BofA Securities and PJT Partners acted as financial advisors, and Latham & Watkins and Jones Day acted as legal advisors to the Sandals Group. Perella Weinberg Partners and Morgan Stanley acted as financial advisors and Kirkland & Ellis LLP acted as legal advisor to Royal Caribbean Group.

PHOTO CAPTION: Jason Liberty, Chairman and CEO of Royal Caribbean Group, and Adam Stewart, Executive Chairman of Sandals Resorts, mark the signing of an agreement to form a landmark partnership that expands Royal Caribbean Group into the all-inclusive resort space and supports the future growth of Sandals and Beaches Resorts. The signing took place at Royal Caribbean Group’s new headquarters in Miami, with the city’s skyline in the background.

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Caribbean News

Royal Caribbean Signs US$3-Billion Deal for Half of Sandals and Beaches

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The Caribbean tourism deal first reported as a possibility on Tuesday is now a signed agreement. Royal Caribbean Group plans to pay approximately US$3 billion for a 50% stake in Sandals and Beaches Resorts, putting the value of the business at about US$6 billion. The purchase is expected to close in early 2027, subject to approvals.

Founded in Jamaica by the late Gordon “Butch” Stewart in 1981, the resort business has a presence across nine Caribbean destinations, including Jamaica, The Bahamas and Turks and Caicos. Sandals has described its workforce as nearly 20,000 people, most of them Caribbean nationals.

“My father, Gordon ‘Butch’ Stewart, founded Sandals Resorts with the belief that a company built in the Caribbean could stand on the world stage alongside the most respected names in hospitality,” said Adam Stewart in the announcement carried by PR Newswire. He will remain executive chairman, while the Stewart family retains a stake. The companies say existing reservations and resort operations will continue as usual.

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