Sunday, June 7, 2009

What Recession – Not Royal Westmoreland

“WHEN BRITISH BILLIONAIRE John Morphet bought the exclusive Royal Westmoreland Resort five years ago for £60 million he had huge plans for it as well as for the island.
To date, by dint of hard work and determination, he has taken the resort from an occupancy level of 30 per cent for its rental villas to over 90 per cent.
It has also commanded a very high repeat customer rate with more than 50 per cent of clients also buying holiday homes there.
During an interview with the SUNDAY SUN last week at his home, also located at the exclusive St James resort, and overlooking his vast investment, it was clear why he had fallen in love with the island while on vacation - and hence the purchase of Royal Westmoreland…”
Click here and here for entire article.

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