Sandals acquires La Source Grenada Hotel

Sandals has acquired the 100-room La Source Grenada hotel  and is to rename it Sandals La Source Grenada Resort & Spa.

It is due to re-open in the first quarter of 2013.

Head of the Sandals chain, Gordon “Butch” Stewart, says US$100 million will be invested in coming years to turn the property from 100 rooms to 265.

He added that the additional development will be the Tahiti Village.

The Grenada acquisition brings to 14, the number of properties owned by Sandals in the Caribbean.