Vanterpool announces plans to buy ‘Coconut Breeze’ in CGB
Businessman and former legislator Mark Vanterpool of MHV Resorts and Hotels announced plans to purchase ‘Coconut Breeze,’ a property next to the newly acquired, 21-room Cane Garden Bay Beach (CGB) Hotel.
During the official opening ceremony for the CGB hotel on Friday, November 29, Vanterpool confirmed that the hotel would begin receiving guests starting Sunday, December 1.
Vanterpool revealed then that his company had plans to transform Coconut Breeze into a residential inn.
“This is a 15-room villa group that will become part of our hospitality operations,” Vanterpool said. “The one we are buying here is going to be like a residence inn where it will be better for big families to come and stay at a nicer rate.”
The residential inn is expected to open in 2025, in time for the peak tourist season.
Vanterpool also shared that MHV Group plans to acquire more properties, with the goal of creating a global franchise. CGB Hotel is among their first purchases in this new phase of expansion.
While the Coconut Breeze acquisition was announced during the CGB opening, Vanterpool indicated that a formal opening announcement will be made when it is ready.
In the meantime, Cane Garden Bay Beach Hotel boasts one penthouse suite, three king-size rooms, six oceanfront suites, six queen-size rooms, three twin rooms, and two poolwater penthouse suites.
For decades, MHV Group has been a significant player in the BVI’s business landscape, with ventures spanning supermarkets, food service, and restaurants. Now expanding into hospitality, Vanterpool aims to elevate the quality of service in the BVI’s tourism industry.
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Lorna was in her corner
The Vanterpools are becoming the preeminent Family in the BVI supassing the Legacy Families.They now dominate in Health , Hospitality,Real Estate Politics and Food Service . The future is bright, Congratulations.
IS PROSPECT REEF NEXT FOR THE VANTERPOOL DYNASTY???
Newsflash!!!!!! Lorna is Mark’s sister so what corner fraught you talking.
LOCAL MONEY
whats done in the darkness will come to the light
That’s my money!
We are losing Cane Garden Bay slowly
When are you going to disclose your foreign investors Mark?
He is operating within the legal framework and is therefore not obligated to disclose this information. More individuals should have the opportunity to strategically leverage foreign capital. As long as BVIslander own 51% all should be good.
Ayo sho ain joerocky money he spenning?
This is a proud moment to see the wealth of the BVI flows like a gold thread unbroken from one black man to the other black man, no white foreign investors was given the chance, this is BVI generational empowerment for future to come. Am proud, it’s like a romance story that the entire Caribbean and black world will always fall in love with, yes! We curtailed white monopoly capital domination.
Oh joy, the rise of black racism.
All these local investments are they for the benefit of tourists, smugglers or both??
he aint even being discreet anymore
Is da 46 mil * for from the pier park comin in clean?
I can’t believe how negative these comments are.
An he ain showin no sign of stoppin. Good for you MHV!
Are them Venezuelan sending that money boy?
Monopoly soon. Soon our alrdy high local Prices will say put up or shut up smh
Those Mingo tight Pants, lololol
Ain’t what it seems