DALLAS — The Ritz-Carlton St. Thomas has fully reopened after undergoing $106 million in renovations following Hurricane Irma.
The 180-room property had been operating with minimal operations since being struck by Irma in September 2017. Renovations were substantially funded by insurance proceeds.
“The renovation of the Ritz-Carlton St. Thomas has resulted in a spectacular resort product. We were also provided the opportunity to accelerate value-added capital projects that will not only drive incremental revenue but also improve the guest experience,” said Richard J. Stockton, Braemar’s President and Chief Executive Officer.
The comprehensive reno included guestrooms, guest bathrooms, public and meeting spaces, ballroom, lobby, F&B outlets as well as several infrastructure projects. Additionally, the meeting space pre-function area as well as retail space were expanded , while the hotel’s signature restaurant – Alloro – was repositioned. The Kid’s Club was fully renovated, a centralized café and market was added, a family pool with splash pad was built and 11 luxury pool cabanas were introduced.
“The significant capital investment associated with the renovation has made the property undoubtedly one of the finest resorts in the Caribbean and we are very well positioned to capitalize on the renewed tourism demand that we are seeing in the US Virgin Islands,” continued Stockton. “With so much of the pre-hurricane hotel supply currently taken out of the market, we have seen very strong demand at the property with both forward bookings and rates up significantly from pre-hurricane levels.”