International real estate developer JTRE partners with Europe’s oldest hospitality brand to offer owners and guests a one-of-a-kind luxury beachfront experience
– Old world elegance arrives on award winning Grace Bay Beach bringing international flair and prestige to Turks and Caicos vacation and ownership offerings.
– JTRE has secured one of the last remaining parcels on world-famous Grace Bay Beach to develop a low-density property situated on 11 acres of serene, secluded powder sand beachfront.
– Kempinski Grace Bay blends rich heritage of internationally renowned hospitality brand with beautiful by nature serenity of award-winning Grace Bay Beach creating a distinctive and limited ownership opportunity.
World-renowned international hotelier Kempinski Hotels has been named operator of a unique new luxury beachfront residences and resort, located on one of the last remaining pristine stretches of the award-winning Grace Bay Beach in Providenciales, Turks and Caicos Islands. The project is being developed by JTRE, a leading European real estate developer and will be operated by Kempinski, Europe’s oldest hotelier – with more than 80 premium properties under management in 36 countries. The two companies signed an operating agreement and together will bring a new level of internationally renowned hospitality, contemporary design and elegant service to the Turks & Caicos Islands portfolio of vacation and ownership offerings.
The partnership of one of the world’s oldest and well-respected luxury hotel brands with a leading European real estate developer brings to the Turks and Caicos Islands a century of proven five-star hospitality delivered globally across the entire guest experience. Both Kempinski Hotels and JTRE’s global footprint in Europe, Asia, Africa and the Middle East attract a loyal clientele that expands awareness for the entire destination beyond its traditional tourism markets while also appealing to North American visitors.
From left to right: Bernold Schroeder, Chief Executive Officer and Chairman of the Management Board Kempinski Hotels, Peter Korbacka, Chairman of the Board of Directors, Founder of JTRE Group; Christophe Piffaretti, Chief Development Officer, Member of the Management Board of Kempinski
