Marking a bold new chapter in Jamaica, The
Palace Company has announced the groundbreaking of Moon Palace The Grand –
Montego Bay.
The new resort represents an investment of $700 million
and once completed, the resort will stand as a flagship for luxury with its 1,200
elegantly designed rooms, overwater bungalows, 13 world-class restaurants and
bars, Jamaica’s largest spa experience, a water park, third-level infinity
pool, bowling and access to championship golf.
In 2015, the launch of Moon Palace Jamaica in Ocho Rios’
$250 million investment contributed over 1,200 local jobs and integrated
sustainability and community
development in its operations.
“This project is much more than a resort—it’s a testament
to our continued faith and love for Jamaica, its people and their great
future,” said Gibrán Chapur, CEO of The Palace Company in a statement.
He added, “With Moon Palace The Grand – Montego Bay, we’re
not just building new rooms; we’re building opportunity, empowering local communities,
and shaping unforgettable experiences that will echo around the world.”
“The Jamaican
Government welcomes this major investment in Montego Bay, which will boost our
economy, strengthen our tourism sector, and create thousands of jobs,” said
Prime Minister Andrew Holness. “We are proud to partner with The Palace Company
in bringing this vision to life and securing Jamaica’s place as a global luxury
destination.”
The company says that Moon Palace The Grand – Montego Bay is expected to generate
3,000 local jobs, further strengthening Jamaica’s economy and hospitality
sector. As The Palace Company celebrates 10 years in Jamaica, the new
investment reflects a shared commitment to building a brighter, more prosperous
future together.
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