The Palace Company has announced the groundbreaking of Moon Palace The Grand – Montego Bay, marking a new chapter in its decade-long journey in Jamaica. The ceremonial event was led by Dr. Andrew Holness, prime minister of Jamaica, and Gibrán Chapur, CEO of The Palace Company.
With an investment of $700 million, this new resort reaffirms The Palace Company’s deep commitment to the island and its people. Once completed, Moon Palace The Grand – Montego Bay will feature 1,200 rooms and exclusive overwater bungalows, 13 restaurants and bars, Jamaica’s largest spa experience, a thrilling water park, FlowRider, bowling, an iconic third-level infinity pool, and access to championship golf.
In 2015, The Palace Company launched Moon Palace Jamaica in Ocho Rios with an initial investment of $250 million. That vision has since contributed to over 1,200 local jobs, supported Jamaican talent, and integrated sustainability and community development into every aspect of its operations.
“This project is much more than a resort—it’s a testament to our continued faith and love for Jamaica, its people and their great future,” said Chapur. “With Moon Palace The Grand – Montego Bay, we’re not just building new rooms; we’re building opportunity, empowering local communities, and shaping unforgettable experiences that will echo around the world.”
“The Jamaican Government welcomes this major investment in Montego Bay, which will boost our economy, strengthen our tourism sector, and create thousands of jobs,” said Prime Minister Holness. “We are proud to partner with The Palace Company in bringing this vision to life and securing Jamaica’s place as a global luxury destination.”
Moon Palace The Grand – Montego Bay is expected to generate 3,000 local jobs, further strengthening Jamaica’s economy and hospitality sector.
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