Basseterre, St. Kitts: Philippe Martinez, the producer of MSR Media, publicized the acquisition of the Ocean Terrace Hotel in Basseterre, from Ocean Terrace Inn Limited and the companies TDC Group of Companies(TDC). The oceanfront boutique hotel would now be known as MSR Hotels Saint Kitts. This is MSR Media’s first acquisition in St Kitts as they plan for the development of a hotel chain in the Caribbean.
The proceedings were undertaken by Earle Kelly, the Chairman and CEO of TDC. The TDC Group is one of the largest companies in St Kitts and Nevis that operates in general trading, services, tourism, insurance, manufacturing, finance and real estate development.
The recent production venture of MSR Media SKN, with Elizabeth Hurley, and Damian Hurley marking his debut in feature writing and directorial debut, is the ninth film that has been principally shot in the Federation of St Kitts and Nevis.
Meanwhile, CEO Martinez announced about 35 movies that would be shot in the Caribbean’s top film-making destination, i.e. St Kitts and Nevis, over a period of five years.
As Martinez stated: “MSR Media envisages long-term investments in the Federation and is really glad to have acquired the Ocean Terrace Inn Hotel. The MSR Hotels Saint Kitts will make an exciting hub of creativity for film partners while attracting the tourist’s attention.
Additionally, it would enable the creation of new jobs and career opportunities in the Federation of St Kitts and Nevis.”
Martinez also expressed his gratitude towards the Government for their extended support and dedication, which made this venture of MSR to be a successful one.
At the same time, the CEO of TDC, Earle Kelly, added, “We are very pleased to have finally successfully executed this deal for MSR Hotels and Company to acquire the OTI hotel and in the process create a home for MSR Media, which is doing a great job in establishing our Federation as a location for film making in the Caribbean.
Kelly further stated that the growth of MSR group in the country would add to the publicity of the country, that will boost the tourism industry of St Kitts and Nevis. Thus, the cooperation would bring mutual benefits, for the group and the country.