DECEMBER 22ND - DECEMBER 29TH, 2012
VOLUME 8 No. 51
$1.00
$16M UPGRADE
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Butch Stewart says the property needs extensive renovations BY HAYDEN BOYCE PUBLISHER & EDITOR-IN-CHIEF
Hotel magnate Gordon “Butch” Stewart says he will have to spend at least US$16million renovating the recently-acquired Veranda property, in Grace Bay to bring it in line with the standards of a Beaches Resort. In an exclusive interview with The SUN, Stewart, who bought Veranda for around US$100million, said significant work needs to be done on this latest acquisition before it can be fully integrated into the Beaches property next door as the Key West Village. Beaches Turks and Caicos Villages and Spa Resort is already comprised of The Caribbean Village, The Italian Village, and The French Village. Veranda will form the Key West Village making it the fourth village in what is the largest hotel complex in the Turks and Caicos Islands. “It will definitely take a whole lot of work to renovate and ‘Sandalise’ the Veranda. We must now ensure that it can meet the standards by which we operate, because there are so many essential things that it just doesn’t have right now,” said Stewart, who was recently on a short trip to the Turks and Caicos Islands. CONTINUED ON PAGE 2
HIGH COURT JUDGE ALLOWS ELECTION PETITION TO PROCEED PAGE 5
COASTAL RADAR STATION NOT WORKING PAGE 9
VERANDA CUTS 43 JOBS PAGE 8
AIRPORT EXPANSION CONTRACT SOON AWARDED - PG 7
Gordon “Butch” Stewart