Palladium Hotel Group announces the start of a major expansion in Jamaica

The international hotel group, Palladium Hotel Group announces the start of construction for its new resort expansion project of the Grand Palladium Hotels & Resorts brand in Jamaica. The construction of this second phase is promoted by Grupo Empresas Matutes, owner of the asset, which currently has a total of 1,049 rooms, distributed in two hotels: Grand Palladium Lady Hamilton Resort & Spa and Grand Palladium Jamaica Resort & Spa.

This second phase of construction will add a total of 948 rooms and will strengthen the presence of the Grand Palladium Hotels & Resorts brand in Jamaica, also incorporating the Family Selection at Grand Palladium Hotels & Resorts concept and introducing the luxury TRS Hotels brand for adults only, all-inclusive.

Details of the expansion project were announced at a groundbreaking ceremony on February 18, 2025, attended by Prime Minister Dr. The Right Honourable Andrew Holness, several government ministers and other senior government officials of Jamaica, the Ambassador of Spain, HE José María Fernández López, stakeholders from the tourism and private sectors, as well as the Vice President of the Empresas Matutes Group and President of the Palladium Hotel Group, Abel Matutes.

“Jamaica holds a special place in Palladium Hotel Group’s global portfolio and we are confident in the tourism potential that this country holds,” said Abel Matutes, Vice Chairman of Empresas Matutes Group and President of Palladium Hotel Group. “This development honors our commitment to supporting Jamaica’s economic growth, providing sustainable employment opportunities and enhancing the island’s global appeal as a premier tourism destination.”

This expansion represents a significant investment in Jamaica's tourism sector, which will positively impact the region's labour market, creating thousands of jobs during the construction phase, and around 1,500 direct jobs and another 2,000 indirect jobs in related sectors once the resort is operational. The sectors that are expected to see the greatest positive impact are transport, agriculture and local services.

The project also prioritizes sustainability through energy-efficient designs, including architectural strategies to reduce heat, a building management system to optimize lighting and ventilation, and the use of renewable energy from photovoltaic panels and a hybrid trigeneration plant.

Water conservation measures include low-flow systems, an intelligent water management system, a seawater desalination plant and treated wastewater for irrigation.

During his inaugural address, Prime Minister Dr. Andrew Holness noted: “This groundbreaking represents another significant investment in Jamaica and our growing tourism industry. I warmly welcome the representatives of Grupo Empresas Matutes and Palladium Hotel Group, who have demonstrated unwavering confidence in Jamaica as an investment destination. Today, as we mark this momentous occasion, we are not only breaking ground on a physical structure, but we are laying the groundwork for a future where tourism in Jamaica is more inclusive, sustainable and innovative than ever before.”

PALLADIUM HOTEL GROUP HAS BEEN PRESENT IN JAMAICA SINCE 2008
Palladium Hotel Group has had a presence in Jamaica since the opening of Grand Palladium Jamaica Resort & Spa and Grand Palladium Lady Hamilton Resort & Spa in 2008. 

Located in Lucea, Hanover, these iconic properties have set the standard for luxury all-inclusive in the region. The group is now strengthening its presence with an additional investment of US$20 million to enhance the property, expand the services offered and implement sustainability measures. With this new expansion, Palladium Hotel Group reaffirms its long-term commitment to Jamaica, further contributing to
the island’s tourism development and economic prosperity.

“When a development like this embraces sustainability and inclusion, it is an indication that the policy direction is sound and right,” said Tourism Minister Edmund Bartlett, who was also on hand to celebrate the milestone. “Tourism is about people and the expansion of Palladium Hotel Group is about investing in people.”

As part of its expansion in Jamaica, Palladium Hotel Group will introduce TRS Hotels, the all-inclusive, adults-only luxury brand available in the most desirable destinations in the Caribbean and Europe, bringing sophisticated and modern experiences tailored to couples, honeymooners and solo travelers. This expansion project will also bring to the island the Family Selection at Grand Palladium Hotels & Resorts concept, a VIP service that offers
families exclusive amenities and personalized experiences, enhancing their stay with dedicated spaces and premium services, now available in destinations in Mexico and soon to open in the Dominican Republic.

Palladium Hotel Group is committed to making a positive impact on the communities in which it operates through the Palladium Cares initiative, through its pillars Our People, Our Community and Our Planet. Through this initiative, the group implements high-impact, locally focused programs for its employees, such as childcare services, scholarship programs or breastfeeding rooms for staff. To support the community at large, Palladium Cares operates seven educational centers in Jamaica, Brazil and Mexico, where it facilitates access to training, giving the opportunity to access more qualified job opportunities. In line with its environmental commitment, Palladium Hotel Group champions sustainability through renewable energy projects, circular economy initiatives and agricultural production programs that promote environmentally friendly practices.

Source: Matutes Companies Group / Palladium Hotel Group.