Sandals Resorts International is to cease operating the 256-room Sandals Dunn's River Hotel in Mammee Bay, St Ann, in six months.
The owner of the property, Sagicor Pooled Investment Fund Limited, says the lease now being enjoyed by Sandals will not be renewed when it expires on May 31, 2010. "The operating lease with Sandals ends in 2010 and is not likely to be renewed. The owner of the property, Sagicor Pooled Pension Fund, is inviting select parties to consider this opportunity to operate this unique property with a proven track record of over 19 years of successful operation," said a statement from Sagicor.
http://www.jamaica-gleaner.com/glean...business2.html
The owner of the property, Sagicor Pooled Investment Fund Limited, says the lease now being enjoyed by Sandals will not be renewed when it expires on May 31, 2010. "The operating lease with Sandals ends in 2010 and is not likely to be renewed. The owner of the property, Sagicor Pooled Pension Fund, is inviting select parties to consider this opportunity to operate this unique property with a proven track record of over 19 years of successful operation," said a statement from Sagicor.
http://www.jamaica-gleaner.com/glean...business2.html
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