5. Sandals Resorts to Expand to Grenada; Is Barbados Next?

lasource in grenadadSandals Resorts International will be expanding to a new island in the Caribbean. According to multiple media sources, the company will be taking over LaSource, a popular luxury resort in Grenada. LaSource officially closed its doors recently due to lingering financial woes.

Travel Agent first got word that Sandals was planning a move to Grenada last year when we sat down with Adam Stewart, CEO of Sandals Resorts International.

Stewart told us back then that Sandals was considering expansions to both Barbados and Grenada. And with Grenada already confirmed, agents should keep on eye on a possible Sandals expansion to Barbados.

“Whether this is two years from now or five years from now, these are two destinations we can definitely see ourselves in,” Stewart told us back in June of last year. “When we looked at them, we looked at the usual things we look for in finding a great location for a resort, mainly a great beach."

LaSource, the 100-room resort on Pink Gin Beach, reopened in February of 2008 after drawn out renovations and improvements to repair massive structural damage caused by Hurricane Ivan in 2004. Although several media outlets have reported an expected December 15 opening date, an official Sandals release states, "Further details regarding investment, expected launch date and other confirmed information will be released in the coming days."

Keep visiting www.travelagentcentral.com for more updates on this story.