Opening of Meliá Braco a Signal of Confidence in Jamaica – PM
By: January 8, 2016 ,The Key Point:
The Facts
- “This (opening) signals the addition of yet another premier property to Jamaica’s growing top-class resort market,” she said.
- She noted that Meliá Braco Village represents a fusion of local and international investment capital “to ensure adequate returns on investments as well as national economic development for Jamaica and our people.”
The Full Story
Prime Minister, the Most Hon. Portia Simpson Miller, says the entrance of Meliá Hotels International into the Jamaican hospitality sector is a vote of confidence in the country as a tourist destination.
Addressing the official opening of the Meliá Braco Village in Trelawny on Thursday (January 7), Prime Minister Simpson Miller said the Spanish resort chain, which is one of the largest in the world, adds to several outstanding hotel brands, which currently operate in Jamaica.
“This (opening) signals the addition of yet another premier property to Jamaica’s growing top-class resort market,” she said.
She noted that Meliá Braco Village represents a fusion of local and international investment capital “to ensure adequate returns on investments as well as national economic development for Jamaica and our people.”
The 225-room property, which is owned by the National Insurance Fund (NIF), is being managed by the Meliá Hotel Group under a 15-year lease agreement with the Government. Some US$23.5 million was invested in the renovation of the property. The hotel, at full occupancy, is expected to employ 450 persons.
