February 04, 2013
Anguilla - A major undertaking was completed on Friday 1st February with the signing of the Memorandum of Understanding (MOU) between Government of Anguilla and Chicago cased, AJ Capital partners.
AJ Capital Partners is also the owners of a world class Ilse de France hotel in St. Barths and a number of high end properties in the USA. The work will now begin in order to restore and expand the Malliouhana Hotel & Spa to surpass its previous grandeur. The entire AJ Capital team was on hand to be party to this historic signing.
Malliouhana was represented at the ceremony by Mr. Nigel Roydon, son of the owner and developer, Mr. Leon Roydon. Also at the ceremony which was held Friday afternoon at 3:45pm at the Hotel's restaurant was CEO of Auberge Resorts, Mr. Mark Harmon which will be the operator of the hotel that is slated to reopen for the upcoming season. He expressed his happiness with the Hughes led administration and look forward to working with the Government and people of Anguilla.
Principles of AJ Capital were also on hand along with the Anguillian contracting firm, TANDEM which is owned by Mr. Greg Togel, Mr. Chad Meldrum and Anguilla's own, Mr. Frederick 'Daddy' Harrigan along with the design team.Chief Minister Hon. Hubert Hughes signed on behalf of the Government and people of Anguilla with Hon. Jerome Roberts as witness. Other members of Government including Hon. Evan Gumbs, Hon. Haydn Hughes, Permanent Secretary Merwyn Foster Rogers, Mary Clare Haskins and Perin Bradley.
The Chief Minister thanked Hon. Jerome Roberts and Hon. Haydn Hughes for seeing this deal through and Mr. Perin Bradley and Ms. Haskins in particular for their hard work on this MOU.
Work is expected to begin almost immediately on the hotel's restoration.
Malliouhana Hotel and Spa first opened for business in November 1984 and the redevelopment will be done in phases expecting to cost in excess of US$80 million with Phase one expected to commence shortly. It will include the restoration of the existing fifty-five (55) rooms, upgrades to the physical infrastructure, systems and restaurant. A further forty-five (45) to ninety (90) rooms are expected in phase two.
Malliouhana Hotel and Spa first opened for business in November 1984. It closed in May 2011 pending a sale of the resort.