Internationally Renowned Hotelier Kempinski to Operate New Luxury Resort and Residences Directly on World Famous Turks and Caicos Grace Bay Beach

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