Beaches Resorts has unveiled Treasure Beach Village, a US$150 million, 101-suite expansion at its long-running Turks & Caicos property, marking the first completed project in a planned US$1 billion Caribbean-wide growth push that executive chairman Adam Stewart is calling 'Beaches 2.0'.
Treasure Beach Village at Beaches Turks and Caicos officially opened its doors on March 1, 2026, marking the completion of a US$150 million ground-up expansion on the west end of the resort's Grace Bay Beach property — the same stretch of pale gold, west-facing shoreline the property has called home since 1997. The new village becomes the fifth distinct village at Beaches Turks and Caicos, adding 101 all-suite accommodations across 11 room categories, six new dining concepts including Butch's Island Chop House and Pinta's Food Hall, a 32-seat Starfish Cinema, and a sweeping 15,000-square-foot lagoon-style pool.
The flagship accommodation, the CrystalSky Four-Bedroom Reserve Villas, spans more than 2,600 square feet across three storeys, accommodates up to 10 guests, and comes with private pools, butler service and private transfers. The lobby features a sculptural conch installation by local artisan Stanford Handfield — known as the TCI Shellman — grounding the development firmly in Turks and Caicos culture.
A star-studded grand opening celebration followed from May 14 to 17, drawing celebrities, dignitaries and global media to what Beaches dubbed a 'Shellebrity' Pink Carpet gala. Attendees included TCI Premier Washington Misick, Jamaica's Prime Minister Andrew Holness, TCI Governor Dileeni Daniel Selvaratnam, and a roster of Hollywood names. The evening featured a 50-person Junkanoo procession, performances by internationally acclaimed troupe Jonglissimo and rock band American Authors, and a fireworks display over the beach.
Executive Chairman Adam Stewart declared the project the first completed example of 'Beaches 2.0' — the blueprint for a planned US$1 billion expansion spanning Exuma, Barbados, Jamaica and Saint Vincent and the Grenadines.
• Officially opened March 1, 2026, on Grace Bay Beach, Providenciales • Cost: US$150 million — approximately US$1 million per key • 101 all-suite accommodations across 11 room categories • Five new dining concepts including Butch's Island Chop House and Pinta's Food Hall • 15,000-square-foot lagoon-style pool • Six CrystalSky Four-Bedroom Reserve Villas, each over 2,600 sq ft across three storeys • Lobby conch installation by local TCI artist Stanford Handfield • Grand opening gala held May 14–17, 2026 • Declared first completed project of SRI's US$1 billion 'Beaches 2.0' expansion • Future Beaches properties planned for Exuma, Barbados, Jamaica and St Vincent and the Grenadines
Treasure Beach Village Opens Beaches Turks And Caicos By The Numbers
At US$150 million — roughly US$1 million per key — Treasure Beach Village sets a new investment benchmark for all-inclusive resort development in the Caribbean. More significantly, it is the first completed proof point of a US$1 billion Beaches expansion that would, if delivered on schedule, reshape the region's family luxury tourism landscape from the Bahamas to St Vincent and the Grenadines by the end of the decade.
For Caribbean-owned hospitality, the stakes are pointed. SRI's pipeline — Beaches Exuma (2027), Beaches Barbados (2028), Beaches Runaway Bay Jamaica, then St Vincent — represents multigenerational investment in destinations that desperately need it. The simultaneous rebuilding of three hurricane-damaged Jamaica properties post-Melissa underscores both SRI's regional depth and the climate vulnerability that shadows every dollar committed.
"Treasure Beach Village was built at a cost of US$150 million — approximately US$1 million per key — and is the first project in SRI's stated US$1 billion Beaches expansion across the Caribbean."
— Beaches Resorts / Travelweek, Hotel Management
Predictions: • Beaches Exuma will face significant scrutiny as the next proof point for the Beaches 2.0 blueprint — any delay or design compromise will be magnified by the benchmark Treasure Beach Village has set. • The US$1 billion pipeline will intensify competition for skilled hospitality labour across small island states, particularly Barbados and St Vincent, where workforce depth is limited. • Climate disruption — as demonstrated by Hurricane Melissa's impact on Jamaica — will increasingly factor into SRI's construction timelines and insurance costs across the pipeline.
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Regional economic pride and investor confidence: Prime Minister Holness used the occasion to argue that Jamaica's 'national wealth' must be understood to include Jamaican-owned companies like SRI that innovate at home and expand regionally, framing the Beaches investment as evidence that Caribbean firms can function as genuine multinational economic engines.
Brand-building optimism and family travel demand: Stewart positions Treasure Beach Village not merely as a resort expansion but as a generational statement — arguing that post-COVID travel has reset family priorities, that multigenerational demand is accelerating, and that the US$1 billion Beaches 2.0 pipeline is SRI's direct response to that structural shift in how Caribbean families and their visitors want to travel.
Cautious acknowledgement of local security challenges: While the resort opening was celebrated enthusiastically, independent reporting notes that Turks & Caicos recorded significant homicide rates in 2024–2025. Tourism Minister Jolly acknowledged crime as a 'concern' but said government, police and community leaders are working to ensure the destination 'remains a safe and welcoming place for all to visit.'
"Put your seat belts on and watch the future. Our billion dollar investment in Beaches Resorts is a commitment to the ultimate family vacation in the Caribbean."
— Adam Stewart, Executive Chairman, Sandals Resorts International, via TravelPress Today / Beaches grand-opening event, Providenciales
Sandals Resorts International has opened Treasure Beach Village at Beaches Turks and Caicos — a US$150 million, 101-suite development that Executive Chairman Adam Stewart has declared the first completed example of 'Beaches 2.0.' It is an undeniably impressive achievement, and the billion-dollar expansion pipeline stretching from Exuma to Barbados, Jamaica and St Vincent confirms that SRI remains the Caribbean's most ambitious resort investor.
But the name stopped us in our tracks.
Five years ago, this writer reported that Sandals was eyeing the old Treasure Beach Hotel in St Elizabeth, Jamaica — a story that caused considerable embarrassment when SRI denied it firmly, and the Jamaica Observer duly reported the denial. Awkward.
And yet. Here we are in 2026, and Sandals has opened a property called Treasure Beach. Was the name always in the pipeline? Was there smoke behind that fire after all? We may never know. But we note it — with a smile, and without apology.
Back to the serious business. The TCI that hosted a pink carpet gala in May 2026 also recorded one of the highest murder rates per capita in the hemisphere in 2024. The resort bubble is real and currently insulated — but that insulation is not guaranteed. SRI's community programmes are welcome. Deeper structural investment in host-community stability is what will ultimately protect the assets the company is betting a billion dollars on.
The 'Beaches 2.0' vision is bold. The region should hold SRI to its timelines — and hold itself to ensuring the communities behind the pink carpet share meaningfully in what comes next.
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