The Resort Group PLC announces huge surge in bookings ahead of latest launch

The Resort Group PLC announces huge surge in bookings ahead of latest launch
Since our first Resort opened in 2011, all clients have received a highly competitive rental income thanks to the exceptional quality and service that we deliver for tourists

The Resort Group PLC has confirmed the opening schedule for its latest Cape Verde development, Llana Beach Hotel.

Holidays for the opening month are selling fast, which is great news for clients who have purchased a property at the Resort as high occupancies will positively impact their rental returns. The five-star Hotel will begin welcoming guests from December and is proving extremely popular even before it has been completed.

Rooms at the company’s third development are being quickly snapped up by tourists looking for a first-class holiday experience on Cape Verde’s sun-drenched Island of Sal. Properties at Llana Beach Hotel were in equally high demand during construction, with buyers quick to invest in the Hotel Suites. Purchasers took advantage of The Resort Group PLC’s 755 Property Options product, which offers a fixed rate of 7% return during construction and a net minimum return of 5% after the Resort opens. There is a re-sale option available too.

Rob Jarrett, CEO of The Resort Group PLC. “We have established a very successful property investment model for clients looking to benefit from the growing tourism in Cape Verde. Since our first Resort opened in 2011, all clients have received a highly competitive rental income thanks to the exceptional quality and service that we deliver for tourists. The fact that all of our Hotels are linked to a lucrative operator agreement, and are seeing high levels of touristic demand generally, means clients can expect strong occupancy. This demonstrates that buying real estate in Cape Verde linked to tourism is a wise move.”


Llana Beach Hotel has 601 luxurious Hotel Suites, an array of swimming pools set amongst lush tropical gardens, six restaurants (from Teppanyaki to Italian), five bars, a sophisticated nightclub, a YHI Spa and state of the art gym. In order to deliver a personalised and more intimate experience for guests, it has been divided into two distinctive Hotels.

On one side there is Sensimar Cabo Verde – the first Sensimar Hotel in Cape Verde –an adults-only Hotel by Thomson. It specifically caters for chill-seeking couples that want to take it easy by the pools, dip in and out of wellbeing programmes and dine in style. Its neighbour MELIÃ Llana, a brand from Meliá Hotels International, caters for adults that enjoy the finer things on offer at five-star Hotels combined with a more active holiday experience.

Rob added: “Llana Beach Hotel takes the quality of accommodation in Cape Verde to a new level. It will no doubt impress both our property clients and holidaymakers alike, who can expect a truly luxurious experience when it opens. In addition, the pick-up in hotel bookings has been exceptional and thanks to the unprecedented level of reservations already taken, we’re anticipating a strong opening month of trading.”

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Christian Donovan
Christian Donovan 18 Aug 2017

The write-down on house values, combined with the fall in the GBP saddled the fund?s property portfolio with a 1.4% loss in the second quarter. The shocking amount of $240 million.

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Interesting point of view.

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Samantha Goodman
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