Jamaica Grande Resort (Ocho Rios, Jamaica) – Asset Sale

  • Property is a 730 key all-inclusive resort
  • Owned by the largest independent hotel company in Jamaica
  • Property is the largest conference and meeting hotel in the country
  • Resort targeted North American hotel guests
  • Owner was interested in selling property and wanted to be discreet with the sale process
  • RCP brought in Mexican all-inclusive owner and operator
  • Property will reopen in early 2015 following a $50 million renovation and will be rebranded as Moon Palace Jamaica Grande