Seven Stars Resort in Turks & Caicos Purchased by Owners Group
According to HotelsMag, “A home owners’ investment group has announced their purchase of Seven Stars Resort on Providenciales in the Turks and Caicos Islands. Concurrently, they appointed EOS Hotel Management Company, led by Eoin O’Sullivan, to operate and manage Seven Stars.
“In a highly unique and fast-moving deal, SS Investor Group Ltd., which is comprised solely of 50 home owners at the resort, agreed and completed the purchase of the Seven Stars operating company along with all their commercial assets and remaining 12 condominiums, as well as commercial lands along Grace Bay Road and the nearby Sunflower Apartment complex.”
Seven Stars is located in the middle of the white sand of twelve-mile Grace Bay Beach, a jewel of the Caribbean and especially the Turks and Caicos Islands. O’Sullivan said, “With the support of the resort’s superb staff, it is our intention to bring the resort to five-star luxury within the next few months.” Seven Stars consists of 120 accommodations ranging from studios to four bedroom penthouses. Courtyards, fountains and lush tropical gardens give way to magnificent ocean views. Restaurants, a swimming pool, tennis courts and a spa/fitness facility are among the resort’s features.
Read the full article at HotelsMag.com.