Blackstone sells Hilton Rose Hall in Jamaica

Aimbridge Hospitality has been tapped to manage the Hilton Rose Hall Resort and Spa in Jamaica following the acquisition of the property by Sagicor.

The property was put on the market last year by investment firm Blackstone. Sagicor owns three other hotel properties in Jamaica.

The move is effective immediately; the hotel will continue to operate as the Hilton Rose Hall Resort and Spa, although it will be managed by Aimbridge.

FREE DAILY NEWSLETTER

Like this story? Subscribe to IHIF!

The hospitality industry turns to IHIF International Hotel Investment News as the must-read source for investment and development coverage worldwide. Sign up today to get inside the deal with the latest transactions, openings, financing, and more delivered to your inbox and read on the go.

“We are proud to be a part of the evolution of this exclusive beachfront resort, once a legendary sugar plantation,” said Dave Johnson, president and CEO of Aimbridge Hospitality. “Our plans for this Caribbean treasure are to enhance this beachfront retreat even further, with signature programming, food and beverage and service levels that are synonymous with the hotels and resorts in the Aimbridge portfolio, including our coveted Jewel Resorts.”

Terms of the deal were not disclosed.

Guests will continue to have access to Hilton benefits and book in the Hilton Hhonors loyalty programme, the company said.

The 489-room property is located on 1,800 feet of private beach; it also includes 41,000 square feet of meeting space.

Aimbridge owns and/or manages more than 200 hotels comprising nearly 27,000 rooms across the United States and the Caribbean.

Suggested Articles

The Louis Group collection is tagged at a total enterprise value of €178.6 million. 

Barron Hilton, son of Hilton founder Conrad Hilton, served as president/CEO of Hilton from 1966 to 1996.

Kenny Kan is tasked with increasing the Outrigger portfolio through acquisitions and management contracts in Hawaii and global resort destinations.