7th Heaven Properties Brokers Sale of St Lucia's Discovery Hotel
Friday August 9th, 2013 - 9:34AM EB
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NEW YORK—7th Heaven Properties has brokered the sale of Discovery Hotel to a New York-based group for an undisclosed amount. Located at Marigot Bay on the western coast of St Lucia, the hotel will undergo upgrades and improvements and to be re-launched in September 2014 under the Capella Hotels and Resorts brand.
Overlooking the Marigot Bay, the 124-room Discovery Hotel resort encompasses several swimming pools, a spa and fitness center, shopping, harbor-side bars and restaurants. With properties in the United States, Mexico, Singapore and Germany, Capella Hotels and Resorts provides individualized and personalized service in facilities.
Walter Zephirin, managing director of 7th Heaven Properties, said in a statement, “Marigot Bay is known as "the most beautiful bay in the Caribbean" and one of the region's safest luxury yacht marinas. The introduction of Capella Hotels to St Lucia brings a world class luxury boutique hotel brand to one of the Caribbean's most desirable destinations.”
Tags: • Hospitality • Brands • Acquisitions •
When you hear all the lodging industry projections for the months and years to come, much of the robust growth is forecast to be the result of the expected influx of travelers from China. In what could only be seen as good news for the industry, that expectation moved a little closer to reality when President Obama signed a visa waiver extension for Chinese travelers earlier this month.