Turks and Caicos OKs Casino

Fri, Apr 10, 2015

The government of the Turks and Caicos islands has signed a development agreement with Desarrollos Hotel Group to build a $224 million hotel, resort, casino and spa project in the British Overseas Territory.

Ritz-Carlton will run the show

Turks and Caicos has given the go-ahead for the Desarrollos Hotel Group to develop a new casino hotel in the Grace Bay section of the island of Providenciales, according to the Caribbean Journal.

The project, to be managed by Ritz-Carlton Hotels, will include 124 hotel rooms. “This European plan-style hotel development provides a welcome diversification to the TCI tourism sector as it is more of a traditional hotel, rather than the previously prevalent condominium model in the TCI,” said Turks and Caicos Premier Dr. Rufus Ewing. “At the same time, it further develops the luxury tourism offering in this destination with the addition of such an important luxury brand in Ritz Carlton.”

Desarrollos also developed the Ritz-Carlton Aruba, and owns three Marriott hotels in the vicinity. Construction is expected to begin in November and last until 2018.

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