ACB, a 260 room beach front resort with six 4-story buildings, sits on approximately 10 acres and is located along the south coast of Barbados in the popular area of Dover on Maxwell Beach, within walking distance of the St. Lawrence Gap.

The sale represents a third milestone in the strategic divestment of the four beach resort properties in Barbados and St. Lucia, operating under the Almond Resorts brand.

BroadSpan Capital LLC acted as exclusive financial advisor to Almond Resorts Inc., Goddard Holdings Limited and Neal & Massy Holdings Limited for this transaction.