Americas > Caribbean > Barbados > 200-year-old Sam Lord's Castle into a hotel managed by the world’s largest hotel

Barbados: 200-year-old Sam Lord's Castle into a hotel managed by the world’s largest hotel

2015/11/27

The redevelopment of the near 200-year-old Sam Lord’s Castle into a hotel managed by the world’s major hotel company will bring with it 3,000 local jobs, Prime Minister Freundel Stuart has disclosed.

Addressing the groundbreaking ceremony at the 57-acre site in the eastern parish of St. Philip yesterday, he said the new Sam Lord’s Castle Barbados, A Wyndham Grand Resort is as well expected to bring in significant amounts of foreign exchange.

“The macro-economic implications of the project cannot be understated. The hotel will employ in excess of 1,000 persons next completion, and is as well expected to generate approximately 2,000 additional jobs in other sectors of the economy. Foreign exchange earnings to be made by the property are estimated at over US$70 million a year, with a direct contribution to the GDP of US$35 million,” Stuart said.

“The people of St. Philip will gain social and economic benefits from the project. Residents of this parish will be able to earn gain as entrepreneurs, service and produce providers and hotel employees. A number of farmers in the area will presently have an extra market for their produce, and artistes and craftsmen will as well reap a similar benefit.”

The prime minister as well contended that the BDS$450 million (US$275 million) project was a signal that the confidence of the international community in Government’s economic development strategy was being restored.

The development will involve the construction of an upscale resort hotel comprising 350 guest accommodations, 100 vacation ownership units, a destination spa, a conference centre and various services and amenities.

Stuart said it had been designed to utilize the majority sophisticated, national-of-the-art, and environmentally sustainable technologies, which would make it a prototype in the tourism sector. He added that the hotel would specifically target summer business and assist Barbados in its quest to become a authentic year-round destination.

The prime minister told the audience that the commencement of the project, which is being financed by the Chinese, would represent the beginning of a new era in Barbados’ cooperative relationship with the Asian country.

“This project will be the forerunner to even additional projects between the two nations. It will spur cooperative efforts in other areas in and outside of the tourism sector,” he said.

Chinese Ambassador to Barbados Wang Ke said this project was just one of several her country intended to finance.

“We have each reason to expect a promising next of China-Barbados cooperation for mutual benefit,” she said.
Construction is expected to start next year and the keys to the property handed over in 2018. It will be managed by Wyndham Hotel Group.

Sam Lord’s Castle was once a beautiful Georgian mansion, built in 1820 by Samuel Hall Lord. Legend has it that Sam Lord acquired his wealth by plundering ships, which he lured onto the reefs off the coast, by hanging lanterns in the coconut trees. Captains mistook these lights for Bridgetown and wrecked their ships on the reefs.

The property was run as an exquisite hotel for a lot of years but it was subsequently abandoned and again was destroyed by fire in 2010.

Related Articles
  • UWI officials say Math performance has reached a low that requires urgent intervention

    2016/03/20 University of the West Indies (UWI) officials are calling for additional action and less talk across the region to confront the low performance in Mathematics at the secondary and tertiary level. Dean in the Faculty of Science and Technology at the UWI Cave Hill Campus, Dr Colin Depradine, said the situation has reached the stage where urgent intervention is required.
  • Global growth will be disappointing in 2016: IMF's Lagarde

    2016/01/02 World economic increase will be disappointing next year and the outlook for the medium-term has as well deteriorated, the chief of the International Monetary Fund said in a guest article for German newspaper Handelsblatt published on Wednesday. IMF Managing Director Christine Lagarde said the prospect of rising interest rates in the United States and an economic slowdown in China were contributing to uncertainty and a higher risk of economic vulnerability worldwide. Added to that, increase in world trade has slowed considerably and a decline in raw material prices is posing problems for economies based on these, while the financial sector in a lot of nations still has weaknesses and financial risks are rising in emerging markets, she said.
  • CARICOM and USAID reach agreement on development assistance for Caribbean

    2015/11/27 The United States Agency for International Improvment(USAID) and the Caribbean Community (CARICOM) today signed agreements that will see nations of the eastern and southern Caribbean benefiting from US$165 million in development assistance. An estimated US$89 million will target the reduction of youth involvement in crime and violence in target communities, while US$52 million is designated to achieving epidemic control of HIV/AIDS part key populations, and $31 million will go towards reducing the risks to human and natural assets resulting from climate vulnerability. CARICOM Secretary General Ambassador Irwin LaRocque and USAID Eastern and Southern Caribbean Mission Director, Christopher Cushing, initialled the five-year Development Objective Agreements (DOAGs) at the CARICOM Secretariat in Guyana.
  • Sanitation workers on strike in Barbados as union enters Phase 2 of industrial action

    2015/07/09 A day next calling out public servants to turmoil, the National Union of Public Workers (NUPW) has instructed employees its represents at the Sanitation Service Authority (SSA) to stop working. The action – Phase 2 of the industrial action sparked by the forced retirement of workers at the Barbados Investment and Development Corporation (BIDC) – will mean no garbage collection or provision of grave digging services by the SSA.
  • Barbados government signs oil exploration licences with BHP Billiton

    2015/05/12 Barbados Wednesday signed two offshore exploration agreements with the Australian-based oil company, BHP Billiton that Bridgetown said underscores the need to fasten its energy next. “Signing these two exploration licences will send a clear message to the industry that Barbados is open for business and is critical about the development of its offshore petroleum sector,” said Prime Minister Freundel Stuart as he signed the agreement with BHP Billiton Vice President of Exploration, Dr. Niall McCormack. “In addition, Barbadian nationals stand to reap early benefits on execution of the licences through the negotiated provisions for annual training, scholarships, local content, coastal and marine environment research and the acquisition of critical equipment and software,” he added.