JL: You're expanding the Sandals brand to two new Caribbean destinations within a one-year period, plus opening Beaches in Barbados and Antigua. We’re used to thinking of SRI as a Jamaican specialist, tell us more about the upcoming Caribbean plans.
GS: Opportunity. And let me clarify. We’re expanding to two new destinations in the Caribbean, Grenada—where we just formally welcomed Sandals LaSource Grenada—and Barbados, where we are bringing Sandals Barbados to life. The Grenada property, what is now Sandals LaSource Grenada, was acquired in 2013 and we completely reimagined, refurbished and reintroduced the resort in ten months, which opened December 21, 2013. Sandals Barbados was also acquired late last year in November and after an evaluation, was closed April 24 for a major renovation.
In addition, Sandals Resorts International (SRI), has plans to expand the Beaches brand to Barbados and Antigua. Coming soon, Beaches Resorts is set to begin building on the former Almond Beach Resort in St. Peter, Barbados, and on the site of the existing Grand Pineapple Beach Resort in Long Bay, Antigua. SRI is eager to expand its family vacation offering to these new islands, providing more choice and new destinations for its guests to explore. These new resorts will not only be the first Beaches Resorts in the destinations, but also the fourth and fifth resorts added to the Luxury Included® brand collection.