Grand Lucayan owners hold on to insurance money

Please enable JavaScript
.fp-color-play{opacity:0.65;}.controlbutton{fill:#fff;}play-sharp-fill
00:36

Had Grand Lucayan hotel owners Hutchinson Whampoa reinvested the insurance monies it received into the property following the 2016 hurricanes, the resort might have remained open.   That, according to Tourism Minister Dioniso D’agular who stated on Wednesday that government remains optimistic that partnerships that once existed with the Memories Resort at Our Lucaya including the Sunwing group, may be re-established.

Meanwhile, opposition leader Phillip Davis is condemning the government for spending $10 million on the hotel without a concrete plan or knowing just how much renovations will cost or a timeline for when the hotel will open.

Polls

Prime Minister Davis says the economy is "on the right track." How do you see it?

View Results

Loading ... Loading ...

Polls

Prime Minister Davis says the economy is "on the right track." How do you see it?

View Results

Loading ... Loading ...

Add New Playlist

2024 EWNews. All rights reserved.
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?
Hide picture