Rosewood to manage Antigua's Jumby Bay By Jorge Sidron / April 15, 2002 Share 1 -- JUMBY BAY ISLAND, Antigua -- The Jumby Bay ownership/management saga continues. Almost two-and-a-half years after acquiring Antigua's upscale Jumby Bay Resort from its owners, hotelier Heinz Simonitsch, who also owns Jamaica's Half Moon resort, sold the 39-room property back to the property's homeowners for an undisclosed sum.Jumby Bay is situated on a private, 300-acre island and is accessible from the main island by a seven-minute ferry ride.The group of 14 homeowners, who control the island and property, promptly tapped Dallas-based Rosewood Hotels & Resorts to manage Jumby Bay.Rosewood announced it will spend $2.5 million through the end of the year to refurbish the resort. The company named Dan Reid, formerly with the Amanusa resort in Bali, managing director of Jumby Bay, effective May 15.Rosewood said it had a team of officials at the property "assessing matters" to determine whether or not to close Jumby Bay during the spruce-up.Before Simonitsch's purchase, Jumby was operated by Rockresorts, which took over the resort operation in December 1998 after a two-year closure due to hurricane damage in late 1995.Rockresorts' tenure lasted through March 1999, at which point the 14 homeowners took it back from Rockresorts and ran it themselves until August 1999.Simonitsch and his Half Moon partners acquired the resort in November 1999."We look forward to our new partnership with this well-regarded and highly established Caribbean island resort," said Rosewood president Jim Brown. "It will nicely complement our properties nearby -- Little Dix Bay (British Virgin Islands) and Caneel Bay (U.S. Virgin Islands)," Brown said.