The 114‑room Four Seasons hotel on Ruthven Road in New Kingston has re‑entered the market at a reduced price of US$13.5 million, according to the latest listing from Coldwell Banker Jamaica Realty. The property, which sits on three acres, is marketed as a “ready‑to‑operate” asset, offering investors a fully functional hospitality operation without the need for major refurbishment.
The hotel’s amenities include landscaped gardens, a pool courtyard, an on‑site restaurant and bar, meeting facilities and ample parking. With 114 guest rooms, the venue represents one of the larger boutique hotels in the capital, making it attractive to both leisure and business travelers seeking a premium experience.
The current asking price reflects a discount from the hotel’s original listing five years ago, when it was priced higher. Nicola Melhado, the listing agent for Coldwell Banker Jamaica Realty, confirmed that the price adjustment is intended to stimulate interest in a market where high‑end hotel inventory is limited. No details on potential buyers, offers or a deadline for the sale have been disclosed.
Industry observers note that the relisting comes at a time when Jamaica’s tourism sector is rebounding from pandemic‑related setbacks, and investors are actively scouting for assets that can generate immediate revenue. A ready‑to‑operate hotel such as this Four Seasons property could provide a quicker return on investment compared with a green‑field development.
While the price cut may broaden the pool of interested parties, the ultimate outcome will depend on market conditions, financing availability and the strategic goals of prospective owners. The listing remains active, and interested parties are encouraged to contact Coldwell Banker Jamaica Realty for further information.
