2017 Groundbreaking for Almost US$1 Billion Hotel Project

karisma

Minister of Tourism Edmund Bartlett (second left) observes as Karisma Hotel and Resorts Vice President of Corporate Affairs & Business Development, Ruben Becerra (second right), shows the development plans for their new hotel development. Chairman of the Jamaica Tourist Board, John Lynch (left) and Chairman of the Tourism Enhancement Fund, Godfrey Dyer (far right) look on. (Photo credit: JIS)

 

KINGSTON, Jamaica, Friday September 9, 2016 – Mexico-based Karisma Hotels and Resorts has confirmed that the groundbreaking for its US$900 million mega hotel development in Jamaica will begin at the start of next year.

Karisma plans to build 10 hotels over 10 years, with a total of 5,000 rooms.

“Everything is now ready. Karisma is now ready to move forward and we are all very excited, especially in relation to the significance of what this really means for our country and its people,” Tourism Minister Edmund Bartlett recently disclosed.

The project, the largest single development of hotels in the country’s history, is expected to create 10,000 jobs directly and 8,000 more indirectly.

“This will also lift tourism arrivals by at least two per cent in the first instance. And as we are projecting for a five per cent growth on an annualised basis between now and 2021, this development will be perfectly in line with that projection,” Bartlett added.

Vice President of Corporate Affairs for Karisma, Ruben Becerra, said the required permits have already been submitted for the project.

He thanked Bartlett and the government for being “willing and reliable partners”, contending that Jamaica is on its way to being the number one destination in the Caribbean.

Click here to receive news via email from Caribbean360. (View sample)