In a trading update the Aim-listed company said it was “actively considering a number of opportunities”.
The firm said that it operating result for the year up to the end of September, 2015 were “in line with expectations”.
Sunil Chatrani, chief executive of Elegant Hotels said: "There has been a significant amount of activity in the business over the summer months following the successful listing on Aim in May, and it is a great reflection on the considerable efforts of the whole team that the business continues to perform in line with its targets.
"As we move in to the key winter months ahead, we continue to focus on building the profitability of our core existing business while looking closely and selectively at acquisition opportunities in Barbados and the surrounding Caribbean islands."
