VICI Properties IncVICI
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VICI Properties is acquiring and redeveloping the resort, a capital investment and expansion of its portfolio.

VICI Properties announced plans to acquire the Carambola Beach Resort in St. Croix, US Virgin Islands, and has entered into a long-term triple-net lease with Club Med. The company will fund a comprehensive redevelopment of the 150-key property to meet Club Med Exclusive Collection standards, with work starting this summer and a planned reopening in the fourth quarter of 2027. Once renovated, the resort will join Club Med's premium all-inclusive brand.
VICI Properties IncVICI Properties is acquiring and redeveloping the resort, a capital investment and expansion of its portfolio.
Club Med enters a long-term lease for a new resort, expanding its premium all-inclusive brand presence.