Mammee Bay joins the Leading Hotels of the World

Sygnus and The Leading Hotels of the World team up to champion world-class independent resorts in coveted island destinations

KINGSTON, Jamaica, June 6, 2022 /PRNewswire/ — Sygnus, the leading alternative investment management company in the Caribbeanannounced today that its Mammee Bay development, located in Jamaica, has been accepted as a member of The Leading Hotels of the World, the leader in independent luxury hospitality for over nine decades. This project is being undertaken by Sygnus Real Estate Finance Limited (SRF), a specialist property investment company managed by Sygnus. This is Sygnus’ first addition to Leading Hotels, and marks the start of a relationship between the companies, with plans to partner up and bring even more independent properties to the area.

The collaboration will be realized with award-winning luxury hotel operator Wischermann Partners, Inc. and renowned design and architecture firm LEO A DALY. Future plans underscore a commitment to creating authentic travel experiences, introducing resorts rooted in innovation, with an independent spirit and designed to celebrate the culture of each destination. “We have a long history of celebrity hoteliers curating distinctive, independent hotels and remarkable experiences,” commented Shannon Knapp, President and CEO, The Leading Hotels of the World. “It is a great pleasure to welcome Mammee Bay to our exclusive portfolio, and we look forward to welcoming many more projects from Sygnus Real Estate Finance (SRF) and Wischermann Partners, Inc. in the future. Both companies are dedicated to the development of independent luxury hotels that embody the essence of their surroundings Mammee Bay marks the return of Leading Hotels Jamaicaand we are delighted to introduce our travelers to this extraordinary property and the future developments of Sygnus Real Estate Finance (SRF) and Wischermann Partners, Inc. in the important Caribbean Region.”

The first property under development is a 250-room, 23-residence luxury resort nestled among towering 200-year-old fig and banyan trees at Mammee Bay in Jamaica, which is set to debut in late 2024. Featuring the design of LEO A DALY, the resort was designed to celebrate the island’s vibrant nature and introduce an elevated, elegant and authentic experience – an idyllic haven offering getaways transportation. A range of unique amenities are found throughout the property, including an 18,000 square foot spa deeply immersed in nature and offering therapies such as sound healing and meditative practices, culinary destinations including gourmet cuisine fine dining, a Mediterranean bistro, a beach bar and grill, and more. The project is estimated to be a US $265 million investment.

“Creating memorable experiences for curious travelers is at the heart of our concerns”, commented Paul WischermannChairman and Chief Executive Officer of Wischermann Partners, Inc. “We are proud to introduce this collection of resorts within LHW that are rooted in cultural immersion and guided by a commitment to setting a new bar in travel. luxury.”

As a regional leader in alternative investments, Sygnus, through our specialist real estate investment firm, Sygnus Real Estate Finance (SRF), has always had a strong interest in improving the hospitality market of luxury in Jamaica and our Mammee Bay project represents the perfect opportunity to achieve this. Working with the Leading Hotels of the World and a very talented group of partners, our vision is not just to execute the Mammee Bay project, but to build over time a series of similar luxury projects in other popular destinations across the Caribbean“, noticed Berisford GrayManaging Director of Sygnus Group.

Sygnus is actively exploring future developments in the Dominican Republic and St. LUCIAamong other gorgeous island getaways.

About Sygnus Group

Based at JamaicaSygnus operates in Porto Rico and St. LUCIAand is the Caribbean leader in alternative investment management with investment funds spanning private credit, real estate and private equity. Sygnus Capital Limited is a licensed stockbroker in Jamaica with the Financial Services Commission and focuses on providing its clients with independent investment banking and investment advisory services. As a registered broker, Sygnus Capital is committed to helping local and regional clients access funding through the debt or equity markets, as well as non-traditional channels through our investment firms private credit.

Sygnus manages Sygnus Credit Investments Limited (SCI) which is listed on the Jamaica Stock Exchange (JSE) and is the largest private credit investment company in the English-speaking Caribbean. SCI is a pioneering private credit investment firm, providing creative debt financing to middle market businesses across the Caribbean. Sygnus Real Estate Finance Limited (SRF), recently listed on the JSE, provides flexible capital (debt or equity) to all real estate asset classes (commercial, hotel, industrial or residential). Sygnus Deneb Investments Limited (SDI) invests private equity in companies in the form of growth capital, buyouts and turnarounds. Sygnus also offers its clients investment banking, wealth advisory and tax advisory services.

About the World’s Great Hotels

Comprised of over 400 hotels in over 80 countries, LHW is the largest collection of independent luxury hotels. In 1928, 38 independent hoteliers united to create LHW. Since then, the company has carefully curated hotels, resorts, inns, chalets, villas and safari camps distinctive of the snow-capped Alps of Europe in the African veld, to share them with adventurous souls who seek the extraordinary out of the ordinary. The LHW community is filled with exceptional individuals, united by a passion for surprising discoveries and the details that come with every experience. LHW hoteliers are artisans of hospitality whose expertise, commitment to excellence and individual flair enable them to create moments worthy of history for their guests. And it’s these authentic, individualized experiences, combined with the warm hospitality and premium service they offer, that keep discerning travelers coming back again and again. LHW’s collection spans the globe and promises a wide range of unusual destinations and experiences, bolstered by LHW’s tiered Leaders Club loyalty program. From converted palaces and country retreats run by the same families for generations, to gleaming skyscrapers in vibrant urban centers, to serene getaways on private islands, to glamorous tented camps – and beyond – explore , find inspiration and experience unforgettable travel moments. For more information, visit: www.lhw.com, Facebook at @LeadingHotels, Twitter at @LeadingHotels and Instagram @leadinghotelsoftheworld.

About Wischermann Partners, Inc.

An award-winning global hospitality company that designs, markets and operates fine hotel experiences. Founded in 2002, Wischermann Partners has an unwavering attention to detail, creating unique experiences while having a commercial spirit and a deep love of hospitality. Operating hotels and resorts consistently ranked as the best in customer service and design, Wischermann has a select collection of distinctive properties that each celebrate their unique destinations and vibrant traditions.

About LEO A DALY

LEO A DALY is a leader in built environment design, offering planning, architecture, engineering, interior design and program management. Founded in 1915, LEO A DALY emphasizes design excellence. Consistently ranked among the top architecture, engineering, and interiors firms in the United States, its diverse, award-winning portfolio includes projects in more than 91 countries, all 50 U.S. states, and the United States. District of Colombia.

SOURCE Syngnus


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