Resort Group Could Bring Major Investment To St Martin’s

St Martin's Hotel

St Martin’s Hotel

A major boost to Scilly’s tourism is expected before the end of the season.

A luxury holiday resort operator is finalising plans to purchase and re-open the St Martin’s Hotel and has made an offer for the Seven Stones Inn. If the plan goes ahead the two businesses, which haven’t traded this year, would be transformed with a multi-million pound investment into a high quality holiday destination.

Radio Scilly has learned that John Spence, founder of global brand Karma Resorts, is working with partners on this project, his first in the UK.

His representative has met with tourism leaders, some island businesspeople and Council officials in the past week.

Radio Scilly understands that the business will operate year-round and employ at least 30 people. with up to 50 staff at times.

John Spence has created an international portfolio of luxury resorts in some of the world’s most sought after destinations including Bali, St Tropez and the Bahamas.

Council staff, with whom we have spoken feel that John’s celebrity connections and high profile could help increase awareness of Scilly.

In a recent interview, Mr Spence described his resorts’ ethos as ‘hippy luxury’, offering a relaxed environment that delivers the best of everything but with a high degree of privacy.

This is Mr Spence’s first UK resort venture. We understand that the partners have been keen to identify a suitable location for their first British project for some time.

Scilly’s scuba diving potential is said to feature prominently in plans for the resort.

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