Resort operators SuperClubs has announced it will close its Breezes Rio Bueno hotel in April.
John Issa, SuperClubs Chairman, said the Triple A four diamond, 226 room resort will close its door on April 30, after failing to reach a new satisfactory lease arrangement with the owners of the property, the National Insurance Fund.
The closure of the property is expected to result in 300 people losing their jobs.
“We maintain that the lease terminated approximately two years ago when the world recession hit and it’s a very sad day that we were not able to come to an arrangement that would have allowed us to continue because I hate seeing so many of our team members out of work,” Mr. Issa said.
He said despite lobbying to both Prime Minister Bruce Golding and the Minister responsible for the National Insurance, Pearnel Charles, he could get no agreement in place.
It is not clear if another tenant will operate the property to maintain the jobs that will be lost when SuperClubs stop operating.