Monday, April 22, 2024

Four Seasons back on market

Date:

Share post:

The beleaguered Four Seasons Hotel property is now owned by Government, and the Mia Amor Mottley administration is looking for an investor or buyer to get the financially plagued project off the ground.

Minister in the Ministry of Finance Ryan Straughn revealed this yesterday when he was a guest caller on Starcom Network’s Down To Brass Tacks radio call-in programme.

He was attempting to clear the air on what was new with the project.

“We have been trying to get the project revived, which we had been doing throughout 2019, and we were close to a solution in early 2020. We were anticipating to get the matter on track, but of course COVID-19 hit and circumstances changed with respect to the prospective investment,” he said. (BA/MB)

Subscribe now to our eNATION edition for the full story.

For the latest stories and breaking news updates download the Nationnews apps for iOS and Android.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Related articles

Trump hush money trial was ‘election fraud pure and simple’, prosecutors say

Donald Trump “orchestrated a criminal scheme to corrupt the 2016 presidential election” by covering up an alleged affair...

Nicki Minaj throws item back into crowd after nearly getting hit by object onstage

Nicki Minaj was left unimpressed after a fan threw an object at her onstage. In a video shared by Pop Crave on...

Tesla cuts prices in major markets as sales fall

Tesla has cut its prices again in a number of major markets - including the US, China and...

Caribbean Export boosts businesses

BUSINESSES IN Barbados were among the beneficiaries as the Caribbean Export Development Agency, which is based here, facilitated...