The Setai Expands Global Footprint with New Luxury Resort in St. Maarten
The Setai St. Maarten
A landmark opening in Indigo Bay marks the brand’s first Caribbean destination, bringing The Setai’s legacy of sophistication to a secluded coastal enclave
MIAMI BEACH, FLORIDA (December 18, 2025) – The Setai Hotels, one of the world’s most celebrated names in luxury hospitality, and Toronto-based Altree Developments, a leader in international real estate, today announced a strategic partnership and the next chapter in its global expansion.
Vie L’Ven is evolving into its next chapter through a new partnership with The Setai, the globally celebrated hospitality brand known for its refined approach to service and design. The primary hotel will now debut as The Setai St. Maarten, a luxurious 205-key hotel and private villas set along the pristine shores of Indigo Bay. This collaboration marks The Setai’s highly anticipated Caribbean debut and a major step in the brand’s continued growing international portfolio.
Expanding beyond its established destinations in the U.S. and the Middle East, this partnership brings together The Setai’s legacy of refined hospitality with Altree’s vision for world-class residential development, merging two forces known for excellence in design, service, and craftsmanship. Construction is underway, with completion expected in 2028.
“We are thrilled to bring The Setai to the shores of St. Maarten, a destination that perfectly complements our vision of timeless luxury and cultural inspiration,” said the Nakash Family, owners of The Setai. “This project marks an exciting next chapter for our brand as we continue to grow globally, always guided by the principles of authenticity, sophistication, and unparalleled guest experience.”
Committed to redefining Caribbean luxury, the concept for The Setai St. Maarten has been brought to life by renowned partners Studio Munge, HKS Architects, and Leading Hotels of the World, all of whom have been recognized globally for their dedication to creating world-class properties.
The resort offerings will remain anchored with signature amenities that include a beach club with dedicated cabanas and butler service, a Les Clefs d’Or concierge team, three pools (including an adults-only oasis), a 30,000-square-foot Destination Spa, tennis and pickleball courts, on-beach water sports, a children’s playroom, childcare programs, and access to a protected nature reserve.
Extending this same standard of excellence to its culinary program, the resort will feature five restaurant concepts, including Ocean Grill Beach Club and Jaya, both inspired by the acclaimed culinary concepts of The Setai, Miami Beach.
Zev Mandelbaum, President and CEO of Altree Developments, shared:
“From the very beginning, our vision has been to create something extraordinary for the island. Teaming up with the Nakash family to bring The Setai’s first Caribbean property to life allows us to honor St. Maarten’s beauty and distinct character while shaping a new level of hospitality for the region.”
Blending The Setai’s renowned standard of luxury with the natural beauty of the Caribbean, the resort will feature both residential and hotel accommodations. The Setai St. Maarten will offer an array of spacious one- to four-bedroom layouts, spanning from approximately 620 to over 2,000+ square feet, with dual-key residence options expanding up to 6,000 square feet.
The debut of The Setai St. Maarten marks a defining moment for the island, introducing a level of craftsmanship and service that will position St. Maarten among the world’s most distinguished luxury destinations.
Sales Inquiries
For The Setai St. Maarten sales inquiries, contact Sales Representatives:
- Anne-Wytske Hoekstra – annewytske@thesetaistmaarten.com
- Shirley van der Borden – shirley@thesetaistmaarten.com
Phone: +1-721-544-1545
Website: thesetaistmaarten.com
Presentation Gallery: Indigo Bay Boulevard, St. Maarten
Social Media: Instagram and Facebook
About Altree Developments
Altree Developments is a leader in the international real estate landscape, rooted in a 70-year multi-generational family legacy in the development industry. Under the visionary leadership of Zev Mandelbaum, Altree is redefining urban living by transforming strategic residential and commercial sites into leading destinations. With a portfolio that includes ultra-luxury condominiums and expansive master-planned communities, Altree’s influence spans Canada, the United States, and now St. Maarten.
More information: altreedevelopments.com
About The Setai Hotels
The Setai Hotels is a collection of privately owned hotels representing a vision of unprecedented luxury and service, with a calm and serene ambiance at the heart of each property. The Miami Beach flagship is a member of The Leading Hotels of the World, recognized as an AAA Five Diamond Hotel, a Michelin Guide Key holder, and a recipient of multiple Condé Nast Traveler Readers’ Choice Awards and Forbes Travel Guide Five Star Awards.
The Setai St. Maarten is anticipated to open in 2028 as a Leading Hotels of the World property.
More information: thesetaihotel.com
Press Contacts
The Setai St. Maarten (Local PR Contact)
Mike Gragner
mikegranger@gmail.com
+1-721-522-5133
The Setai St. Maarten (International PR Contact)
Ashley Goldstein
ashleyg@alabgroup.com
917-890-7940
