{"id":118234,"date":"2020-10-08T12:43:50","date_gmt":"2020-10-08T16:43:50","guid":{"rendered":"https:\/\/antiguanewsroom.com\/?p=118234"},"modified":"2020-10-08T12:43:50","modified_gmt":"2020-10-08T16:43:50","slug":"wait-continues-for-jolly-beach-staff-as-new-buyer-is-being-considered","status":"publish","type":"post","link":"https:\/\/antiguanewsroom.com\/wait-continues-for-jolly-beach-staff-as-new-buyer-is-being-considered\/","title":{"rendered":"Wait Continues For Jolly Beach Staff As New Buyer Is Being Considered"},"content":{"rendered":"
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Cabinet Notes: <\/strong>The Receiver of the Jolly Beach Hotel reported on the offer by another group to purchase the property.<\/p>

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The hotel has been in bankruptcy and owes the Government and many of its statutory bodies more than EC$80,000,000 in debt.<\/p>\n

It makes the Antigua and Barbuda Government the hotel\u2019s largest debtor, and therefore causes the Government to take a special interest in the sale of the property.<\/p>

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Staff members of the hotel are also owed significant sums, and the Cabinet continues to do its best to protect those interests.<\/p>

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Cabinet Notes: The Receiver of the Jolly Beach Hotel reported on the offer by another group to purchase the property. The hotel has been in bankruptcy and owes the Government and many of its statutory bodies more than EC$80,000,000 in debt. It makes the Antigua and Barbuda Government the hotel\u2019s largest debtor, and therefore causes […]<\/p>\n","protected":false},"author":3,"featured_media":116197,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[88,96,91,90,99,92,98,95,97],"class_list":["post-118234","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","tag-antigua","tag-antigua-breaking-news","tag-antigua-caribbean","tag-antigua-crime","tag-antigua-economy-news","tag-antigua-news","tag-antigua-politics","tag-breaking-news-antigua","tag-tourism-news"],"yoast_head":"\nWait Continues For Jolly Beach Staff As New Buyer Is Being Considered - Antigua News Room<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/antiguanewsroom.com\/wait-continues-for-jolly-beach-staff-as-new-buyer-is-being-considered\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Wait Continues For Jolly Beach Staff As New Buyer Is Being Considered\" \/>\n<meta property=\"og:description\" content=\"Cabinet Notes: The Receiver of the Jolly Beach Hotel reported on the offer by another group to purchase the property. The hotel has been in bankruptcy and owes the Government and many of its statutory bodies more than EC$80,000,000 in debt. 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