Wymara Turks And Caicos Announces New Ownership Structure

Wymara Resort and Villas, Turks and Caicos' long-time managing director Bruce Maclaren has purchased the shares of former co-owner Rob Ayer, the hotel announced. To complete the transaction, Maclaren partnered with Sterling Global Financial as an equity investor. The transaction happens in the wake of a renovation and the completion of the first phase of the Wymara Villas.

Making the announcement in a press note, Maclaren said, “I have always been passionate about Wymara Resort and Villas and have been a hands-on director for the past decade. I decided to increase my investment because of the enormous potential I see in our brand and our continued ability to deliver for our condo and villa owners.”

Hailing Maclaren’s vision for the future of Wymara, David Kosoy, executive chairman and founder of Sterling Global Financial, said in a press release, “We have worked with Bruce on projects in the Turks and Caicos and Bahamas since 2010 and have experienced first-hand his commitment to excellence and growth. We are happy to invest in the resort and support the management team in any way we can. We are also extremely bullish about Turks and Caicos as a destination and cannot think of a better partner in this market.”

“A few years ago, we made the bold decision to undertake a significant room renovation to lift our room product at the resort to match the design and standard of the Villas,” said Maclaren. “Now, as travel roars back, we are welcoming guests to a virtually new hotel—one of the finest in Turks and Caicos and now a member of The Leading Hotels of the World. We have made a commitment to sustainability throughout our operations and fine-tuned our impeccable service culture.”

He also said that the hotel has recruited celebrity chef Andrew Mirosch from Australia and adopted a fresh approach to their culinary offerings, including encouragement of a local fishing culture.

In addition to the Wymara Hotel product, there are the luxurious multimillion dollar Wymara villas—one of which features a slide from the deck to the ocean. They come with overwater swim platforms. The newly opened sports club for the exclusive use of villa guests includes a lap pool, fully equipped gym, and lounging areas. Phase two of the villas is currently underway.

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