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Reported Oct 11, 2026Quickanomics write-up updated Oct 11, 2026, version 13 min read
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The operator adds a Discovery Bay project to its regional portfolio, with construction, future earnings and further expansion still subject to their reported qualifications.
Bocobay is expanding its property-management business in Jamaica through a partnership at The Azure in Discovery Bay, extending its model of staffed holiday residences along the north coast, according to Kellaray Miles’s reporting in the Jamaica Observer.
The UK-based company operates more than 400 properties across Jamaica, Aruba, Curaçao and the Dominican Republic. That figure describes the regional operation, rather than properties in Jamaica alone. Founder and chief executive told the Observer that he established the business with his brother about six years ago.
describes a service built around dedicated on-site teams. Each development receives a resort manager, hosts, housekeeping, maintenance and concierge staff. The local model uses Jamaican staff, while centralised services handle marketing, pricing and reservations through Airbnb, Booking.com, Vrbo and Bocobay’s own booking channels.
The arrangement is intended to relieve owners of day-to-day operations and give guests more consistent service. also says professional management can improve and rental income. The report does not establish owner returns. These are the company’s stated aims, rather than independently measured performance for individual properties.
Bocobay’s first major Jamaican project is Palm Beach in Runaway Bay, St Ann, a 21-acre development comprising 22 luxury villas and six condos. Its recent partnership at The Azure adds a Discovery Bay location in the same parish.
The Azure comprises 43 one- and two-bedroom residences and is being developed by KeFordCo Development Ltd with Linear Development and Construction Ltd. Construction is about 70% complete, with completion targeted for the first quarter of 2027. The intended operating model is a boutique resort with a full-time Bocobay team on site.
KeFordCo managing director said recurring complaints about cleanliness, security and overall comfort in Jamaica’s short-term rental market influenced the choice of a professional operator. He expects the arrangement to improve guest experiences and reduce buyers’ management burden. His comments about consistent returns and are a developer’s expectations, not verified outcomes.
attributes the opportunity to Jamaica’s tourism brand, from North America and the United Kingdom, and the growing pipeline of north-coast luxury residences. He also identifies owners who self-manage or rely on informal arrangements as customers for a staffed alternative. Those explanations remain attributed to the operator.
Bocobay targets Jamaican owners at home and in the diaspora, international property investors and travellers seeking alternatives to traditional hotels. The reported guest mix includes families, groups, couples, remote workers and longer-stay visitors, alongside Jamaicans taking north-coast breaks and travellers from elsewhere in the Caribbean.
The Observer reports annual above US$50 million for the company. Gross does not establish Bocobay’s net profit or a property owner’s return after costs. The report provides neither a Jamaica-only figure nor audited profit or a breakdown of management fees, limiting the conclusions that can be drawn from the regional scale.
plans further north-coast developments and expansion into other Jamaican parishes. Regionally, he intends to grow across the four existing markets and is considering additional Caribbean islands. He says future partnerships should begin early enough for resort operations to be designed into developments from the start.