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Seawind Key Investments Ltd.

Sector: Hotel • Location: Jamaica

Source: Inter-American Development Bank (IADB)

Project
Repaid

Seawind is the owner of the Secrets St. James and Secrets Wild Orchid hotels, two adjacent buildings offering different tourism concepts with 350 rooms each, and located on one of the best beaches in Montego Bay, Jamaica. The total investment cost of the project is US$184 million. The hotel is in its second year of operations. Its success will promote future growth, investment, and development of

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The project “Seawind Key Investments Ltd.” is an infrastructure initiative in the Hotel sector, located in Jamaica. Taiyo aggregates data on it from Inter-American Development Bank (IADB).

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Description

Description

Seawind is the owner of the Secrets St. James and Secrets Wild Orchid hotels, two adjacent buildings offering different tourism concepts with 350 rooms each, and located on one of the best beaches in Montego Bay, Jamaica. The total investment cost of the project is US$184 million. The hotel is in its second year of operations. Its success will promote future growth, investment, and development of the tourism sector in Jamaica. Seawind’s shareholders include successful and experienced Spanish and Latin American investors and the hotels are operated by AMResorts. This is each group’s first investment in Jamaican tourism.The proposed IIC loan will complete Seawind’s financing plan, diversify its funding and provide an adequate, long-term capital structure.

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