Fiesta Hotel Group to Expand Grand Palladium Resort & Spa in Jamaica

Fiesta Hotel Group to Expand Grand Palladium Resort & Spa in Jamaica

Jamaica’s ability to grow its tourism sector in the midst of the global recession has increased its attractiveness for investment, tourism minister Edmund Bartlett said earlier. The declaration comes as the Fiesta Hotel Group confirmed it would start the expansion of their 1,056-room Grand Palladium Resort and Spa in Hanover.

“They are the largest of the group of investment that is now going to happen. We are expecting to be able to announce two others in short order,” Bartlett announced, adding that “the level of inquiries that we are now getting for investment in the hotel and tourism sector closely resembles that which happened five to ten years ago”.

The Grand Palladium’s resort general manager, Dimitris Kosvogiannis revealed the Fiesta Group will be investing $280 million to build 900 hotel suites complete with concierge service, pool and all the bells and whistles offered by a luxury resort. According to Kosvogiannis, the aim of the owners of the Fiesta Group is to make Jamaica the hub of its Caribbean operations.

The addition of the 900 luxury suites by Grand Palladium is part of a broader objective to increase Jamaica’s offering to the luxury tourism market and to grow tourist arrivals and earnings to five million and $5 billion respectively in five years.

The Fiesta Group has plans to build another 2,000 rooms in the next phase of its massive expansion plan which will include a state-of-the-art convention centre and 18-hole golf course, which will make the Grand Palladium Resort and Spa in Lucea the largest mega resort development in the Caribbean.