Phenix Holdings is an IBC (International business company) with the sole purpose of ownership of TTS Resorts Ltd. It has no commercial activity in Saint Lucia. 

TTS Resorts Ltd. owns and develops the Grand Hyatt Saint Lucia Resort project. Located in the south of the island within 30 minutes’ drive from Hewanorra International airport, on Sabwisha Beach (one of the few sandy beaches of Saint Lucia) in Choiseul Bay, the development spreads out on around 20 ha of owned and leased (for a period of 99 years) land. The design has been entrusted to the reputed architectural and interior design company WATG of London and the management is to be carried out by Hyatt International (management agreements are in place) as a 5* luxury Resort with 345 keys. The expected investment approximates 150 M USD with 10% already paid up on acquisition and design development.