News

Sandals buys LaSource

Sandals Resorts International (SRI) has finalized its purchase of LaSource in Grenada. SRI’s acquisition of the property was a hot topic at the luxury-included resort operator’s recent “More Quality Inclusions” event in Toronto. The deal closed following the successful completion of the ongoing discussions that SRI had been having with the Grenada government. LaSource was purchased by SRI for an “undisclosed sum.” Sandals Resorts chairman, Gordon ‘Butch’ Stewart commented: “After looking to expand here for more than a decade, we are delighted to confirm the acquisition of our first ever resort in Grenada and are incredibly proud to have found the perfect location to add to our brand.” And he continued: “We are confident that guests will continue to be impressed by our tradition of exceeding expectations through innovation and unwavering service, which has become our standard across the Sandals Resorts brand. We are eager to make our debut and share with guests not only the beauty of our new resort, but to share the beauty of Grenada, its culture and its people.” The property, which is located on the exclusive Pink Gin Beach and surrounded by the Caribbean on three sides, will become Sandals LaSource Grenada Resort & Spa and will open following certain enhancements customary to the Sandals Resorts brand. Once complete, the resort will have added nearly 100 rooms to offer a selection of 200 guestrooms, private cottages and bungalows, many of which will be concierge- and butler-level suites, including the brand’s signature Rondoval suites. According to Stewart, each of the resort’s “magnificently-appointedöluxury accommodations will be ‘extremely spacious’ and all will feature room service.” Enhancements at the resort will also include some of the brand’s signature dining establishments such as the beachfront, Neptunes; Cafe de Paris; Spices; and other popular restaurants with Japanese, Italian and French influences Other amenities will include an expansive new infinity pool and swim-up bar; a fully-equipped fitness center; a full-service Red LaneÂ