Grand Lucayan owners hold on to insurance money

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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.

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