Hi Coleen,
I have been to the hotel several times in the past year alone, and it is great. The grounds are beautiful, the beach is spectacular, the people at the hotel are superb...the food is great. The rooms are what need the most work, and even they are not so bad.
The renovation is going to begin in June, and from what I have heard will go until December. I doubt they will be putting people out too much during that time since it is their slowest season, and they have the space to play around with.
Have a great time, I am going back in August...will let you know how it is going then!