SANDALS RESORTS INTERNATIONAL TO TERMINATE LEASE WITH OWNERS OF SANDALS DUNN’S RIVER

SANDALS RESORTS INTERNATIONAL TO TERMINATE LEASE WITH OWNERS OF SANDALS DUNN’S RIVER

After 15 years of successful partnership and in an amicable arrangement, Sandals Resorts International has decided to terminate its lease with the owners of the Sandals Dunn’s River Villaggio Golf Resort & Spa property in Ocho Rios, Jamaica on May 31, 2010.  The Luxury Included® resort company released the following statements:

“Sandals Resorts International chooses an ownership strategy as a whole and as such the Sandals Dunn’s River lease no longer fits our current business model. We continually strive to improve our products for consumers and therefore require the flexibility to implement changes without restrictions and to improve, upgrade and maintain our resort product on an ongoing basis.  This was not possible under our current lease terms at Sandals Dunn’s River and was the guiding reason behind our decision.”

As part of its unwavering commitment to guests, Sandals Resorts has reached a mutual agreement with the owners to maintain full operations through July 2010 in order to accommodate existing bookings.  Guests scheduled to stay at Sandals Dunn’s River following July 31, 2010 will have the option to change their booking to any like accommodation at other Sandals Resorts in the Caribbean without penalty or change fees.  Airline change fees may still apply if guests change to another destination or change travel dates.

In 2010 and beyond, guests will have the opportunity to experience the continued improvement and innovation across the resort brand, including the introduction of the Crystal Lagoon Suites at Sandals Negril Beach Resort & Spa and Sandals Royal Caribbean Resort & Private Island, as well as the debut of Sandals Resorts’ newest property, Sandals Emerald Bay, Great Exuma, Bahamas.