Mantis Awarded Grand re-development of Resort in Seychelles

- 22 September 2008

An investment of $350m is planned to develop the old Plantation Club property into a premium destination in the Seychelles. Following years of neglect and the much publicised liquidation of the Plantation Club Resort & Casino, the property has been awarded through public tender to European Hotels and Resorts Ltd. with development partner, Mantis Development International.

Graham Moon, CEO of Mantis Development International says, “This project represent the biggest opportunity for Mantis Development International thus far, and is the culmination of searching for the right opportunity and partners over the past few years, we are delighted to be able to develop this wonderful piece of real estate in the most beautiful part of the world”.

Moon further added that he is delighted that the project has progressed to a point where development could start on the ground.

The development comprises of three new premier resorts on the old Plantation Club property, including two new luxury resorts, and in essence will bring about:

· An additional 9000 tourists to the Seychelles per year,
· Contribute $350m million to the Seychelles’ GDP,
· Provide the equivalent of 14 000 jobs during the construction period,
· Provide the equivalent of 1 500 jobs in the tourism industry, and lastly
· Provide world-class educational facilities to further conservation in Seychelles.

Mantis Development International, the development arm of Mantis Collection Group, sees this project as their most exciting. The Mantis portfolio of 14 hotels worldwide are all renowned as exclusive, luxurious and most sought after destinations with no compromise on service excellence. Adrian Gardiner, Chairman of the Mantis Group is extremely excited to transform the Plantation Club into a premium destination in the Seychelles, and to yet again, create another flagship property within the group.

Two world-class luxury boutique hotels will be built on the site to capture the fantastic natural forest and sea environments of the bay. The existing hotel will be completely renovated into a 130 all suite 4-star hotel providing the best accommodation and facilities available in the Indian Ocean. The new 4-star hotel will provide a quality luxury experience at an affordable rate, something that is desperately required in the Seychelles market. The hotel facilities and casino will be available for the public to enjoy. A world renowned spa facility is planned for the top of the cliffs which must surely place it in one the most unique settings in the world. A select number of private villas will be on offer for the discerning customer who seeks the very best of accommodation on the island of Mahe.

The site will include a world-class environmental education and marine rehabilitation centre to ensure the conservation of the unique environment and species of the Seychelles. The consortium is committed to good environmental practices and has won numerous international environmental awards over the past ten years. The development will be harmonious with the environment and every consideration has been made to ensure this is a sustainable development and contributes to the Seychelles proud record of preserving its natural heritage.

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