Luxury hospitality brand Aman is expanding into the Bahamas with Amancaya, a new $260 million resort and residence development planned for Exuma.
According to the company, Amancaya will be set across two private cays and feature a 36-room hotel as well as branded residences. Plans also call for a marina, beach club, an Aman Spa and multiple dining venues.
The property is being developed in partnership with Swiss investor and philanthropist Dona Bertarelli. No target date for the resort's opening was given.
In a statement, Aman Group chairman and CEO Vlad Doronin called the brand's foray into the Bahamas "a significant milestone," adding that "Aman guests have long requested our presence there."
The property will be the third in Aman's
Caribbean portfolio, joining the Amanyara in Turks and Caicos and
Amanera in the Dominican Republic.
Bahamas welcomes Aman
In a separate press release, the Bahamas' Ministry of Tourism, Investments & Aviation welcomed the development, describing the project as sign of "strong investor confidence" in the Bahamian tourism market.
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"Aman's ultraluxury lifestyle brand is a good fit for Exuma, and we look forward to the ground-breaking of this investment that will deliver meaningful, measurable long-term impact," said I. Chester Cooper, deputy prime minister and minister of tourism, investments and aviation.
Amancaya is projected to create approximately 500 jobs, including 200 during construction and 300 permanent positions once operational.