Corinthia to Develop Ultra-Luxury Hotel and Residences in Turks & Caicos

Corinthia Group has announced plans to develop a new ultra-luxury hotel and branded residences project located on Grace Bay in Turks & Caicos. The development will be undertaken in partnership with Carolina Partners Ltd.

This project is part of Corinthia's international growth strategy, which includes third-party management and strategic acquisitions. The new development on Grace Bay is expected to enhance Corinthia's presence in the Caribbean and cater to the high-end tourism market.

Carolina Partners Ltd. will bring local expertise and knowledge of the Caribbean real estate market to the venture. The partnership aims to create a distinctive destination by blending Corinthia's global hospitality experience with Carolina Partners' regional insights.

Specific details regarding the project's timeline and investment value have not yet been disclosed. Corinthia Group has previously developed multiple luxury hotel properties in various international locations.