Turks & Caicos Premier Cites Early Opening for Verandah Resort

Remarking on the resilience of tourism, Turks & Caicos Island’s Premier Galmo Williams welcomed news that the Veranda Resort & Residences on Grace Bay Beach would be complete prior to end of 2009 and would open for business early 2010.

“The opening of Veranda Resort & Residences shows the resilience of our tourism industry in today’s volatile marketplace. It is no secret that the worldwide economy is experiencing tremendous challenges at this moment in time,” said Williams.

The Veranda Resort & Residences is owned by Faez Ltd., a Turks & Caicos company founded by U.K. entrepreneur, Andre Surreys. Surreys and U.S.-based real estate veteran Ron Sutherland of the Hemisphere Group purchased the resort in April 2008.

In January 2009, Surreys and Sutherland appointed Grace Bay Resorts, the company behind the celebrated Grace Bay Club in Turks and Caicos, to manage the new $80 million luxury resort property.

Inspired by British Caribbean architecture, the resort will feature the island’s only private beachfront homes, each with their own pool, as well as 126 residential units available as studios, and one-, two- and three-bedroom condominium units.

In addition, the resort has two separate oceanfront restaurants offering both elegant and casual dining experiences, a dedicated 1,700-square-foot conference center, three pools, an Asian-inspired Wellness Center, Spa and Fitness Facility and a dedicated kids club.