ATLANTA--(BUSINESS WIRE)--Barefoot Luxury, Inc., announced today that it has completed its acquisition of Barefoot Cay, SA, owner of the award winning Barefoot Cay Resort in Roatán, in the Bay Islands of Honduras.
Founded in 2002, the Barefoot Cay Resort includes fifteen acres of prime real estate fronting the western Caribbean Sea, including its namesake private three-acre island, Barefoot Cay. The Barefoot Cay Resort has graced the covers of Islands Magazine and Honduras Tips, and has been featured across numerous publications as a top boutique travel destination including Islands, Scuba Diver and Condé Nast. It has been nominated for the World Boutique Hotel Awards and the World Luxury Hotel Awards, and received Trip Advisor’s 2016 Travelers’ Choice Award as a Top 10 Small Hotel. It also received a Trip Advisor Platinum distinction as a 2016 Green Leader for its focus on environmental responsibility and sustainability.
Also included in the transaction is Barefoot Cay’s equally renowned full service PADI 5 Star Dive Center and Instructor Development Center, Barefoot Divers™. Barefoot Luxury intends to immediately expand the Barefoot Divers brand through soon to be announced partnerships in the Cayman Islands, Belize and other leading dive resort locations worldwide.
“This acquisition lays the cornerstone for Barefoot Luxury to become a leading global brand in the luxury experiential travel marketplace,” stated J.P. Hannan, Executive Chairman of Barefoot Luxury. “We are currently evaluating similar boutique resort acquisition opportunities throughout the Caribbean, each with their own specialization and long standing clientele, to collectively build an unrivaled boutique resort hotel platform.”
While financial details of the private transaction have not been disclosed, it was also announced today that, in conjunction with the acquisition, Barefoot Cay Resort founding partners Milesse Kennedy and Hal Wyman will be joining Barefoot Luxury’s board of directors. Ms. Kennedy and Mr. Wyman will also each maintain significant ownership stakes in Barefoot Luxury, Inc.
Ms. Kennedy said, “After my husband, John, and I bought the property with the Wymans, we sold our home in Seattle and moved to Roatán to develop Barefoot Cay. Not having been in the hospitality industry previously, we created what we would like...casual beachfront elegance where catering to guests' every whim is the goal of each employee. Hal and I, as surviving owners, are thrilled and honored that Barefoot Cay has become a part of Barefoot Luxury.”
About Barefoot Luxury, Inc.
Barefoot Luxury, Inc. was formed in 2016 as an acquisition platform and international holding company of luxury boutique resort properties throughout Central and South America, the Caribbean, and the southern coastal regions of the United States, as well as other experiential travel businesses specializing in the preferences of upscale millennials. The Company is headquartered in Atlanta, Georgia. For more information, please visit www.barefootluxury.us and connect with Barefoot Luxury™ on Instagram, Facebook and LinkedIn.