On January 14, 1958, Lawrence Lewis, heir to the Henry Flagler railroad fortune opened the charming colonial style 24-room
Club Peace & Plenty on the un-discovered Bahamian island of Great Exuma. The main building was originally a sponge warehouse and the bar, a cookhouse dating back several hundred years to the Loyalist cotton plantation days. Following success in offering a safe, relaxed Bahamian Out Island atmosphere, pristine waters on sheltered Elizabeth Harbor, white powder beaches, and world-class fishing, another wing of 12 rooms was added to the Club for a total of 32 rooms and suites.

When manager George Franks moved to Nassau in 1969, Lewis sold the Club to Paul Swetland, Armand Angelone and Charlie Pflueger. In the same year, while on vacation, Stan Benjamin, a Cleveland, Ohio industrialist fell in love with Exuma and its people. A few years later, he purchased the property and began a long successful association stretching to this day.
The hotel experienced numerous remodelling efforts over the years, including the addition of three Bay View Suites on the end of the west wing and the conversion of six rooms into three deluxe harbor view suites. The owner decreed that in any remodelling, the original character of the buildings must be maintained to preserve the old colonial style as first envisioned by Lewis. Today’s visit provides proof that although the entire hotel has been upgraded, it visually appears as it did when first constructed by Tippy Lightburn and Cavalier Construction in the mid-1950s. Probably, the most significant change is from the original concept of a first-class fishing club to the present day family vacation Mecca.