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by Lisa Grimaldi | May 05, 2010

Raffles Resort Canouan Island in the Grenadines will become Carenage Bay Resort on May 20; the 156-villa property is no longer managed by Raffles. The resort's owner, Canouan Resorts Development, will assume operations of the property, which has two ballrooms and five smaller meeting rooms. The property had been under Raffles management since 2004. Canouan Resorts Development's real-estate division and construction company will continue to develop private residences near the hotel site and plans to launch a villa rental program in 2011.