Cypress Equities Names Montage Hotels & Resorts as Operator of Luxury Resort in Bahamas
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Cypress Equities Names Montage Hotels & Resorts as Operator of Luxury Resort in Bahamas
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Category: North America & West Indies / Carribean islands
This is a press release selected by our editorial committee and published online for free on 2007-10-10
Cypress Equities, development affiliate of The Staubach Company, today announced the selection of luxury hotel operating company Montage Hotels & Resorts to manage Montage Royal Island Bahamas, an oceanfront destination resort, and to provide exclusive residential services for the private island community under development on Royal Island.
The 430-acre private island, with gentle rolling hills and 15 miles of coastline, is four miles west of Eleuthera, 50 miles northeast of Nassau and 190 miles east of Miami.
"We're delighted to name Montage Hotels & Resorts as our operator," said Chris Maguire, CEO of Cypress Equities. "As the anchor of our private island community, we sought a brand synonymous with the highest quality amenities and services to operate the resort and provide an array of exclusive residential services."
Maguire added, "We believe Montage is the ultimate luxury brand that will create memorable experiences for Royal Island guests and residents."
Alan Fuerstman, founder and CEO of Montage Hotels & Resorts, said his company "is extremely pleased and honored to partner with Cypress Equities in this innovative private island community. We share their vision of creating a unique resort and residential hideaway on this pristine island."
Fuerstman added, "We look forward to delivering highly personalized service, creating lifelong memories for our residents and guests, while playing an active role serving the local community of Royal Island and the surrounding Bahamian islands."
Montage Royal Island is slated to open in 2010. It will feature 60 guestrooms and 23 suites; 76 oceanfront and marina villas; Spa Montage; four restaurants; a beach club; golf; tennis, and recreational amenities.
Royal Island's private residential community will feature oceanfront estate homesites; oceanfront villas, and marina villas. The 275 single-family residences will be carefully situated on homesites ranging from 1/3-acre to 15 acres, with residency beginning in late 2009.
Planned amenities include the first-ever Jack Nicklaus Golf Club of the Bahamas, featuring the 18-hole Jack Nicklaus Signature Golf Course, with 14 oceanfront holes, oceanfront clubhouse, pro shop, event lawn and private dining room, to open in late 2009. The island will also offer a 140-acre naturally protected deep-water yacht marina, with 200 slips ranging from 50 to 400 feet, scheduled to open in mid-2009.
Additional features include a marina village with restaurants, retail shops and customs and immigration office; recreational watercraft and watersports; beach clubs and a children's activity center; a theatre for movies and live entertainment; and a medical center.
Royal Island is easily accessible by air via North Eleuthera International Airport's (ELH) 6,000- foot runway and a 10-minute cruise by watercraft from Royal Island's private Dock House on Eleuthera.
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