Raffles Hotels & Resorts has signed an agreement with Greenfield Property Holdings Limited to manage a new luxury resort and residence, Raffles Tortola, in the British Virgin Islands.

Set on 50 acres of pristine beachfront property at the northeastern end of Tortola, Raffles Tortola will offer residents a secluded half-mile white sand beach and sweeping views of the shimmering Caribbean Sea. Raffles Tortola is Raffles' third resort in the Caribbean, after Raffles Resort Canouan Island and Raffles St Lucia, which was announced in March 2007.

Scheduled to open in 2010, Raffles Tortola features an elegantly appointed 100-room resort as well as 250 Raffles Residences of luxury villas, casitas, condominiums and estate lots available for ownership.

Raffles Tortola is only 10 minutes from Beef Island Airport and 15 minutes from Road Town, capital of the British Virgin Islands. Connections to Beef Island Airport are available through several Caribbean airports including San Juan, St Thomas, Antigua, St Kitts or St Martin.

The British Virgin Islands are comprised of 60 islands, of which Tortola is the largest and most populated. The island is a favored stop of many luxury cruise ships and travelers visiting the Virgin Islands, and has many well-equipped facilities for fishing, scuba diving, golf or horseback riding. Tortola is also home to a variety of attractions including centuries-old ruins such as Fort George and lush green national parks, such as Sage Mountain National Park.