Club Med Announces Plans to Convert U.S. Virgin Islands Property
ST. CROIX, USVI—Club Med and VICI Properties announced the acquisition and planned redevelopment of the Carambola Beach Resort, located in the U.S. Virgin Islands, marking the return of Club Med to U.S. shores. The project is a result of a partnership between Club Med and VICI. Following VICI’s acquisition of the Carambola Beach Resort, VICI has entered into a long-term triple-net lease with Club Med, and will fund the resort’s redevelopment. Club Med will run […]
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