Date: June 2018
Location: St. James Point, Grand Cayman
Name: Mandarin Oriental Grand Cayman – opening 2021
No. of Keys: 100-room beachfront resort with 89 branded Residences
Developer/Owner: Melkonian Capital Management, an alternative investment company specialising in investment opportunities in private equity, real estate and public markets. New York-based RAL Development Services will serve as the development partner. RAL is a real estate developer of luxury apartment, condominium, and resort communities nationwide (USA).
Founded in 1982, the firm has developed expertise in an extensive range of disciplines including development, design, construction management, and property management, headed up by Robert Levine, President & CEO.
Their hotel projects include Orchard Street Hotel, Four Seasons at Cayo Largo, Telluride Mountain Village Resort, Colorado and Canyon Ranch Living Miami Beach.
Mandarin Oriental Hotel Group will manage the luxury resort and residences.
Located 15 minutes from the airport, the resort will be situated on 67 acres at St. James Point, on the southern shore of the island. The site benefits from an elevated position overlooking its own secluded white-sand beach and offers guests and residents a truly private luxury retreat.
The spacious, contemporary rooms and suites will all face the sea offering exceptional sunrise and sunset views. There will be five restaurants and bars providing a variety of experiences and views over the ocean. The development will also have its own farm which will provide a ‘farm to table’ dining experience.
The resort will feature a range of wellness options including a spacious Spa at Mandarin Oriental, a comprehensive fitness centre, several outdoor swimming pools and tennis courts. Landscaped walking and cycling trails will traverse the site and a Beach Club will offer a variety of leisure and water sports activities.
A range of flexible meeting and banqueting facilities, including outdoor areas, will provide ample space for destination weddings, social and business events.
“We are delighted to announce this exciting new project, which will be the Group’s second property in the Caribbean and a fitting extension to our growing global resort portfolio,” said James Riley, Group Chief Executive of Mandarin Oriental Hotel Group.
“The owner has assembled a spectacular site and has the long-term vision to create a unique resort experience that, together with Mandarin Oriental’s renowned service, will ensure an exceptional offering in Grand Cayman.”
“We are pleased to partner with Mandarin Oriental to bring the most exclusive resort and branded residences to the Cayman Islands,” said Ryan Melkonian, Managing Partner of Melkonian Capital Management. “We are creating a very special destination that we expect will be among the best in the Caribbean.”
The three Cayman Islands (Grand Cayman, Little Cayman and Cayman Brac) are a British Overseas Territory located in the western Caribbean. Grand Cayman is the largest and most visited island, and has regular direct flights from 15 US cities, Toronto, London and various Latin American and Caribbean airports.
It is renowned for its tranquil and safe environment, clear waters and world-class diving.
THPT Comment: The new Mandarin will be in good company with Marriott’s Ritz-Carlton, Marriott Beach, Westin Seven Mile Beach and IHG’s Kimpton and Holiday Inn and a Margaritaville – so add a bit of class and luxury to the island’s current offering.
First Seen: Hotel News Resource