Scrub Island Resort, Spa & Marina, BVI Undergoes Recapitalization With The Ardent Companies, Along With Significant Improvements

Scrub Island Resort, Spa & Marina, BVI | February 13, 2019

BRITISH VIRGIN ISLANDS (Feb 13, 2019) – Mainsail Lodging & Development is delighted to announce the recapitalization and reopening of Scrub Island Resort, Spa & Marina in the British Virgin Islands. On Dec. 31, 2018, The Ardent Companies, through a $41 million investment, replaced First Bank of Puerto Rico as principal lender. Mainsail Lodging & Development will continue to operate the resort under Autograph Collection® Hotels, a member of Marriott International's industry-leading portfolio. "This marks an extraordinary milestone in the history of our resort," said Joe Collier, president of Mainsail Lodging & D...