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Taj Hotels Resorts and Palaces to Open First Caribbean PropertyAugust 6, 2009 By: Joe Pike
The developers of Nail Bay Resort and Mooney Bay Estates recently signed a Memorandum of Understanding with Taj Hotel Resorts and Palaces to develop the first Taj Exotica Resort, Spa & Luxury Residences in the British Virgin Islands (BVI). This is the first Taj property in the Caribbean.
“On behalf of the British Virgin Islands Tourist Board, we could not be more pleased to welcome a brand of this caliber to the BVI,” said Myron Walwyn, chairman of the Board. “This project demonstrates the premium quality as a tourist destination for which the BVI has long been known.”
Pursuant to the terms of the development agreement, the BVI government approved the construction and operation of a new five-star hotel of 100 hotel units. The property will include hotel spa suites, hotel villas, townhouses, and residential villas for sale. There will also be a luxury spa, restaurants, bars, swimming pools, gift shops and boutiques at Nail Bay, plus a private jetty and 10 moorings.