Wait Continues For Jolly Beach Staff As New Buyer Is Being Considered

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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’s largest debtor, and therefore causes the Government to take a special interest in the sale of the property.

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

4 COMMENTS

  1. Misinformed and misguided by their union they were made to believe that severance pay is around the corner. I want to wish them good luck once again. It’s about time we take severance out of the labour code and the law and introduce a National Pension Scheme that pays you a percentage according to your last earned salary for the rest of your life after retirement and which can be transferred to your spouse. Too many elderly people suffer financially in their old age

  2. I’m seriously concerned about the union bodies in Antigua. Their focus should be on the staffs interest but yet still they have been found wanting in truly fighting for the rights of the workers! They seem to always put their low-life ambitions first!!! Smdh!!! #nofaithnintheunions

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