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Sandals Resorts International Acquires Veranda Resorts & Residences

From The Bahamas Weekly
Sandals Resorts International Acquires Veranda Resorts & Residences
Sandals Resorts International (SRI), parent company of Sandals Resorts, Beaches Resorts, and Grand Pineapple Beach Resorts, announced the purchase of The Veranda Resorts & Residences in Turks & Caicos, a luxury property with beautifully appointed suites and villas and spectacular oceanfront views along Grace Bay. The agreement to acquire the resort was successfully reached after ongoing negotiations with His Excellency the Governor, Damian Roderic Todd and the Government of the Turks & Caicos Islands.

Speaking from the annual Sandals Resorts Star Awards, which recognizes the brand’s most successful travel agents from all over the world, Gordon “Butch” Stewart, Chairman of Sandals Resorts, commented on the deep ties the Beaches brand has in Turks and the enthusiasm among the travel industry when this news was announced. Click here for the full story.

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