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ROK Hotel earned $575 million in revenue during its initial six months of operation, with owner PanJam projecting a short path to profit.
“Both occupancy and income from food and beverage surpassed our expectations,” said PanJam Investment Limited CEO Joanna Banks.
The property and investment conglomerate owns 100 per cent of the ROK Hotel which forms part of the redevelopment of downtown Kingston. Prior to its acquisition by PanJam, the waterfront property overlooking the Kingston harbour hosted the offices of the Ministry of Health, and before that it operated as the Oceana hotel.
“We are a game changer in Kingston and our setting at ROKstone Bar & Grill overlooking the harbour is indeed providing a new vibe...,” said General Manager Jaap van Dam in response to a 5-star review of the hotel on Tripadvisor.
ROK Kingston, which is part of the Tapestry Collection by Hilton network, as part of its interior design, uses modern intuitive art to complement the hotel’s décor.