Latest news with #Amancaya

Travel Weekly
14-05-2025
- Business
- Travel Weekly
Aman resort is coming to the Bahamas
Luxury hospitality brand Aman is expanding into the Bahamas with Amancaya, a new $260 million resort and residence development planned for Exuma. According to the company, Amancaya will be set across two private cays and feature a 36-room hotel as well as branded residences. Plans also call for a marina, beach club, an Aman Spa and multiple dining venues. The property is being developed in partnership with Swiss investor and philanthropist Dona Bertarelli. No target date for the resort's opening was given. In a statement, Aman Group chairman and CEO Vlad Doronin called the brand's foray into the Bahamas "a significant milestone," adding that "Aman guests have long requested our presence there." The property will be the third in Aman's Caribbean portfolio, joining the Amanyara in Turks and Caicos and Amanera in the Dominican Republic. Bahamas welcomes Aman In a separate press release, the Bahamas' Ministry of Tourism, Investments & Aviation welcomed the development, describing the project as sign of "strong investor confidence" in the Bahamian tourism market. • Related: Aman names its first cruise ship "Aman's ultraluxury lifestyle brand is a good fit for Exuma, and we look forward to the ground-breaking of this investment that will deliver meaningful, measurable long-term impact," said I. Chester Cooper, deputy prime minister and minister of tourism, investments and aviation. Amancaya is projected to create approximately 500 jobs, including 200 during construction and 300 permanent positions once operational.
Yahoo
13-05-2025
- Business
- Yahoo
Statement From The Ministry of Tourism, Investments & Aviation
NASSAU, The Bahamas, May 13, 2025 (GLOBE NEWSWIRE) -- The Ministry of Tourism, Investments & Aviation welcomes the announcement of Amancaya, a major resort and residence development by Aman in Exuma. This $260 million project reflects strong investor confidence in The Bahamas as a jurisdiction for high-quality, strategically aligned development. Spanning two private cays, Amancaya brings one of the world's most respected luxury hospitality brands to The Bahamas. The project is expected to create over 500 jobs—200 during construction and 300 permanent positions—while supporting local entrepreneurs, expanding training opportunities, and driving long-term economic activity in Exuma. The Hon. I Chester Cooper MP, Deputy Prime Minister and Minister of Tourism, Investments & Aviation, said the project represents a new tier of investment entering the Bahamian market. 'Aman's entry into The Bahamas reflects the strength of our tourism sector as a premier luxury destination and the growing demand for eco-friendly sustainable development. Aman's ultra-luxury lifestyle brand is a good fit for Exuma and we look forward to the ground-breaking of this investment that will deliver meaningful, measurable long-term impact.' Media Contact: Anita Johnson-Patty Director Global Communications Bahamas Ministry of Tourism & Aviation Ajohnson@ Bahamas USA FINN Bahamas Bahamasusa@