Spice Island Beach Resort, Grenanda Update on $12 Million Renovation

Proceeding on Schedule for Re-Opening DEC. 15, 2005

. October 14, 2008

GRENADA, August 15, 2005. According to contractors at Spice Island Beach Resort in Grenada, the US$12 million rebuilding project is proceeding on schedule, and Spice will re-open on Dec. 15, 2005 as originally planned.

Status as of August 2005:

The newly-designed structures of all the beachfront rooms have been rebuilt, and roofs have been completed on all nine buildings housing these accommodations (32 Seagrape Suites, 1 Cinnamon Suite and 1 Saffron Suite). Painting and retiling has been completed in the Oleander Oceanview category and has now started in the Seagrape Suites, Anthurium Pavilion Pool Suites and Luxury Almond Pool Suites. The foundation has been completed for the new 5,500 sq.ft Janissa's Spa and fitness center. Further status reports will be provided in the coming months.

"We're extremely pleased with reports from our contractors that the rebuilding and renovation project is moving ahead as planned," said Sir Royston Hopkin, KCMG, owner and chairman of the property. "Our rebuilding project is ambitious as we reintroduce the epitome of elegance on par with other well-known and highly-regarded luxury hotels in the Caribbean region, but we've allowed enough time to bring our vision to life," he added.

When Spice Island Beach Resort in Grenada re-opens on Dec. 15, 2005, it will unveil an unmatched level of accommodations and unprecedented brand of chic style and timeless luxury. Spice Island Beach Resort has been closed since last fall following damages sustained from Hurricane Ivan.

Spice Island Beach Resort will feature 64 elegantly-appointed rooms (two less than its previous room count because two new, super-spacious suites being built will each take the place of two former suites), the full-service Janissa's Spa and fitness center, an open-air, beachside gourmet restaurant, the Sea & Surf Bar for refreshing cocktails throughout the day, a central swimming pool and jacuzzi, a tennis court, the Nutmeg Pod children's activity center, the Gatsby Boutique and more.

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