Turks and Caicos Resort Update: Feb/19
Happy New Year!
Our latest update at Rock House is filled with exciting new information as the project heads toward our construction start and the beginning of the next chapter in this unique new resort project for the Turks & Caicos. We anticipate our final government approvals to be received in the next month while we advance preparations with our building contractor. Our current target for site works to begin in early April 2019.
Sales have continued strong, with continued traffic thru the site and new interest being generated as we enter our winter season. You will notice from our updated availability below that we have achieved an 82% SOLD / RESERVED of our Phase 1 units and momentum for Rock House continues to grow.
As always, for those of you who are already a part of this amazing journey, we thank you for your support and for those considering Rock House, we trust that you will decide to become a part of what will be a truly special place in the Turks and Caicos.
CEO & Developer, Grace Bay Resorts
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Following the devastating effects from Hurricanes Irma and Maria in 2017 that heavily damaged 30% of the islands in the Caribbean, there is a remarkable comeback underway. Many previously affected properties have now opened and a large slate of new developments and resorts are planned to launch in 2019 and 2020. I spoke with several travel experts in the Caribbean and they are enthused about the increase in remodeled, refurbished and brand new resorts opening in the coming years.
“It’s an exciting time in the Caribbean, which is seeing tremendous growth in its new hotel pipeline. That’s particularly on islands like Dominica, which is experiencing a full-fledged renaissance,” said Alexander Britell, publisher and editor of my favorite island website Caribbean Journal. “The region is welcoming a remarkably diverse collection of hotels and resorts this year, from luxury small-island boutiques to gleaming new all-inclusives.”
Patricia Affonso Das, President of Caribbean Hotel and Tourism, tells me, “We got a peek into the future as over 5,000 new hotels rooms came online regionally in 2018 with over 25,000 more in the construction and planning stages. Existing hotels continue to invest in refurbishments and introducing new services and amenities. We witnessed an unprecedented surge in new airlift into the region, presenting more opportunities to entice travelers to our shores. Investor and government confidence in Caribbean tourism’s future was further buoyed as hundreds of millions of dollars were spent on upgraded and expanded airport facilities.
Frank Comito, Director General, and CEO of the Caribbean Hotel and Tourism Association tells me “Much of the growth is occurring at the luxury end. We are seeing a number of destinations stepping up with new and upgraded properties in 2018 with more planned for 2019. Destinations like Antigua, Cayman Islands, Grenada, St. Kitts, The Bahamas and Turks and Caicos and have opened new luxury properties.
Rock House / Turks and Caicos
The resort opening in 2020, is developed by Grace Bay Resorts and located on the north coast of Providenciales featuring 41 cottages and four hillside homes with a dramatic 100-foot-long pool perched on a 25-foot limestone cliff.