How do you foresee working together with St Barth Properties? In December, they acquired WIMCO Villas and its sister company WIMCOs in St Barth.
Then in July they acquired St Barth Properties. The ideal target are local companies that both manage the villas in their portfolio, and have a commitment to providing their clients with superior on the ground concierge service. Their first acquisition was Exceptional Stay in Telluride. Nocturne Villas was incorporated in 2021 as a vehicle to acquire and manage villa rental companies that operate in exceptional vacation destinations. Please tell us about Nocturne Luxury Villas. We are excited to announce that in mid December, WIMCO Villas was purchased by Nocturne Villa Rentals. WIMCO’s owner Tim Warburton was a pioneer in the luxury villa rental market in St Barth, and he felt the timing was right to step aide, and that the team at Nocturne was an ideal candidate to carry on WIMCO’s customer-centric legacy. To learn more, Caribbean Journal Invest talked to Stiles Bennet, President of WIMCO. The deal follows last year’s acquisition by Nocturne of another major St Barth villa provider, St Barth Properties, forging a significant new villa player for St Barth and making Nocturne and even more noteworthy company in the broader Caribbean market. In December, leading Caribbean villa provider WIMCO Villas was purchased by Nocturne Luxury Villas.
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