(Providenciales, Turks and Caicos) – Mark Durliat, CEO and Owner of Grace Bay Resorts in Providenciales, has redefined luxury travel and residential development in Turks and Caicos since his acquisition of the boutique hotel Grace Bay Club in 2001. With 17 years of development experience in the resort and residential real estate industry, Durliat’s companies manage or are in development of real estate projects valued at over $350 million.
At Grace Bay Club, Durliat embarked on an aggressive and sophisticated expansion, overseeing the addition of 38 multi-million dollar residential condominiums and an array of new resort amenities, including two restaurants, the award-winning Infiniti Bar, a 5,000 square foot Anani Spa and Fitness Center and a complete renovation of the 22-suite boutique hotel originally acquired in 2001. Following the completion of this expansion, Durliat then launched The Estate, a collection of 22 exclusive customdesigned residences, which opened in February 2009.
In 2009, Durliat announced plans to expand the award-winning brand with the launch of Grace Bay Resorts. The expansion is moving Grace Bay Resorts into other Caribbean destinations and Latin America, with a maximum of 10 additional properties within the next decade.
“Grace Bay Club was a handmade brand from the ground up with a world class team dedicated to redefining personal service,” says Durliat. “Having consistently been a leader among our regional competitors, including the key international brands, Grace Bay Resorts has been able to do what many have not – expand outside the Turks and Caicos Islands and be able to compete on the world scene. We plan to duplicate our hands-on approach with Grace Bay Resorts, maintaining an entrepreneurial mindset as we develop into other regions.”
Durliat’s work has increased the overall value of Grace Bay Club by more than $220 million in addition to breaking current sale records in Turks and Caicos for price per unit, sales absorption pace and sales price per square foot.
Currently, Durliat oversees all resort development activities including residential sales, marketing, and Grace Bay Club rental management program allowing villa owners to earn income with all hospitality operations managed by the five-star resort. Durliat is most recently responsible for the successful opening of The Veranda Resort in February 2010, the first five-star fully-inclusive resort in Providenciales, managed by Grace Bay Resorts.
Durliat currently serves on the Turks and Caicos Hotel and Tourism Association, is an Honorary Member of the Turks and Caicos Aids Awareness Foundation, and has helped the funding, design and execution of a prominent local elementary school.
Prior to his work with Grace Bay Club, Durliat developed real estate ventures in France, Belgium and South Africa. At 27 years-old Durliat founded and operated a boutique hospitality and residential development company in Cape Town, as well as intimate luxury guest houses and golf course/residential projects involding Jack Nicklaus and Gary Player. In addition to his work in South Africa, Durliat collaborated with Player and managed all sales and marketing of a $30-million golf hotel and residential project in Belgium.
Durliat holds a BS in Business (Entrepreneur Program) from the University of Southern California with a minor in French. He divides his time between his residences in Miami Beach and Providenciales and also owns a home in Cape Town, South Africa, where he visits regularly.
About Grace Bay Club
Perched on 11 acres of immaculate beachfront, Grace Bay Club was the first luxury hotel built in Turks and Caicos and has since set the benchmark for luxury development in the region. Founded in 1993, the storied 21-suite boutique resort was purchased in 2001 by a partnership group led by Mark Durliat. Following an extensive $250 million renovation in 2006, Grace Bay Club was reintroduced into the luxury market earning top acclaim including the award for #1 Hotel in Turks and Caicos from Travel + Leisure in 2007 and continuing its place on the Conde Nast Traveler Gold List for more than 10 years. A member of Leading Hotels of the World, Grace Bay Club offers guests a uniquely hands-on travel experience with a focus on luxury and service. A quiet haven for uninterrupted relaxation, the 82-suite resort is divided into two separate sections for discerning travelers of all tastes including: the adults-only Hotel at Grace Bay Club area with private restaurant, bars and swimming pool in addition to the family-friendly Villas at Grace Bay Club with their own restaurant, bar and pool. In 2007, Grace Bay Club introduced the award-winning Infiniti Bar and a collection of contemporary refinements to beachfront eateries Anacaona and Grill Rouge, elevating the dining experience in Turks and Caicos. Additional guest amenities include an expansive 5,000 square foot Anani Spa and Fitness Center and innovative Kid’s Town activities for families. Grace Bay Club introduced The Estate, a collection of 22 custom-designed ultra-elegant suites, in February 2009.
About Grace Bay Resorts
Grace Bay Resorts is a boutique developer and operator of high-end, luxury resorts and branded residences, founded from its flagship property Grace Bay Club in Turks and Caicos which opened in 1993. Led by Mark Durliat and Nikheel Advani, the developers and hoteliers behind this renowned resort, and Michael Brewster, Managing Partner of Denver-based SV Capital Partners, Grace Bay Resorts provides development, branding and management for its brand and is expanding its award-winning services into other Caribbean destinations and Latin America, with a target of 10 properties in the next few years.