Altitude International Holdings Inc. has been operating Altitude Academies at the Port St. Lucie, Fla. property for nearly 13 years. Upon closing of the purchase agreement, the company intends to continue and operate the resort without interim closure. The property will undergo an extensive renovation to be completed over the next two years, says ALTD CEO Greg Breunich.
The Club Med resort in Port St. Lucie, Fla. will remain open … with some changes, WPBF reported.
C+RB reported earlier this week that Club Med Sandpiper Bay was closing and the future of the 226 employees was up in the air.
Altitude International Holdings Inc., the new owners of the resort, stated the following in a press release July 14: Altitude International Holdings, Inc. (the “Company” or “Altitude”) executed a Purchase and Sale Agreement (the “Purchase Agreement”) with Sandpiper Resort Properties, Inc. and Holiday Village of Sandpiper, Inc. (collectively, “Club Med Sandpiper Bay”) on May 31, 2022. Altitude Academies, a wholly owned subsidiary of the Company, has been operating at the Sandpiper Bay property for nearly 13 years, which, until a recent rebranding, has been known as “Club Med Academies.” Upon closing of the Purchase Agreement, the Company intends to continue and operate the resort without interim closure.
“I’m thrilled to hear that as well as the industry,” said Charlotte Bireley, Director of Tourism & Marketing for St. Lucie County. “So, we’re anxious to see how it’s going to transition and how it’s going to attract visitors from all over to the beautiful city of Port St. Lucie and St. Lucie County.”
The release also states that, “While it will no longer bear the Club Med name, we are excited to see the resort develop and thrive as Altitude’s worldwide destination headquarters,” said ALTD CEO Greg Breunich.
The tentative closing date is scheduled for the end of July, WPBF reported. The current owners announced they expected to close its doors in the fall.
As far as the fate of the approximately 226 employees at the Club Med Sandpiper Bay Resort, WPBF reported the new owner states that, “The present team of Club Med employees are an incredible asset to the property, comprising many years of experience, and soon will have an opportunity to transition to working with the Altitude team, post-closing,” said Breunich.
“The resort will continue to operate after Club Med’s departure and, while in operation, will undergo an extensive renovation to be completed over the next two years. This is an integral part of Altitude International Holdings, Inc. long-term developmental plan for the property,” said Breunich.
“Club Med being all-inclusive is unique in itself and having that global brand here in Port St. Lucie was huge for us, but I’m hopeful we will still have a global brand here and it will continue to be a destination resort,” Bireley said.
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