Viceroy Anguilla purchased by Starwood Capital upon launch

@font-face { font-family: "Cambria"; }p.MsoNormal, li.MsoNormal, div.MsoNormal { margin: 0cm 0cm 10pt; font-size: 12pt; font-family: "Times New Roman"; }div.Section1 { page: Section1; }Viceroy Anguilla has announced that Starwood Capital Group has completed the purchase of the loan originally made to the developer of the property, Barnes Bay Development.  Viceroy Hotel Group will continue to manage and operate the property as Viceroy Anguilla.
 
The acquisition of the property’s loan represents an important step in the current and future development of Viceroy Anguilla, whose first phase debuted in late 2009 and has this month reached full completion.  “We have chosen to add Viceroy Anguilla to our portfolio because we believe in the vitality of the brand and their commitment to a luxury driven travel experience” commented Barry Sternlicht, Chairman and Chief Executive Officer of Starwood Capital Group.
 
Viceroy Hotel Group CEO and Founder Brad Korzen added,   “Starwood Capital is a leader in the industry with a proven track record in the hospitality sector, we’re very pleased to have them on board for Viceroy Anguilla. 
 
Situated on 35 lush acres, with 3,200 feet of beachfront along Barnes and Meads Bays, Viceroy Anguilla redefines the very notion of a Caribbean luxury resort, with 166 contemporary beachfront and blufftop villas, sophisticated townhomes and opulent resort residences -- the work of acclaimed designer Kelly Wearstler.  This summer, Viceroy Anguilla announced the completion of its two-story state-of-the-art Spa, which boasts 8,000 square feet of oceanfront treatment rooms and fitness facilities.
     
Also completed are two additional first-class dining venues, Aleta (June) and The Bamboo Bar & Grill (October).  Aleta overlooks the resort’s sunrise pool and serves a menu of fresh seasonal selections in an aquatically inspired atmosphere.  The relaxed Bamboo Bar & Grill offers the perfect time-out from the beach with an array of light snacks and casual meals.  Guests can order from a lounge chair or stroll in for a shaded rush-woven seat at the Caribbean grill.  In the evening, the space transforms into a sophisticated beachside steak house and barbecue destination, complete with tiki torches, steel drum tones and local crayfish and lobster for a modern twist on traditional Caribbean dining.
 
Those seeking a breathtaking event setting will also delight in Viceroy Anguilla’s new meeting spaces, the Joannis Areca Salons.  The 960-square-foot room can accommodate 30 people and is ideal for board meetings, executive summits and professional groups seeking fully wired and full-service meeting space. Additionally, the new beachfront setting at Bamboo Grill is the perfect venue for welcome receptions and farewell events.

 
www.viceroyanguilla.com.