Please find below an update on the current status of the Wyndham Halcyon Retreat Golf & Spa Resort. Although the Resort was greatly impacted by the Global Pandemic we do have exciting news on the progress currently being made.
During the lockdowns of the last year we have built up a sales pipeline in the millions; most of which was subject to the Customer viewing the Resort before completing on their purchase. With travel restrictions finally being eased for many countries, we are now able to welcome Customer’s back to the Resort to complete their viewing Trips and in turn proceed with their purchases. This is great news as we will soon be in the position of being able to start taking payments on this pipeline in the very near future.
Construction has also accelerated with more builders and machinery returning to Site every day. The golf course team are now back on-site and will be completing the first 10 holes over the coming months. We have also started the enabling works for the third phase of the Resort with ground preparations for the foundations almost completed and the first stage of foundations for all remaining buildings will commence next week.
Although we are not where we hoped to be at this point due to the continuous impacts of Covid-19, we do firmly believe the worst is over and are excited as to what is in store for the Resort and our Company over the coming months.