December 5, 2018
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The Tourism Development Corporation’s chair has blasted a dive operator’s “self-indulgent diatribe” over efforts to protect The Bahamas from a “vicious onslaught” over recent shark attacks.Michael Scott told Tribune Business that he took “a very nega
THE Hotel Corporation’s chairman yesterday attacked “some parasitic” union leaders, arguing that their “extortionate, outrageous and crippling methods” pose a threat to The Bahamas’ economic welfare.
WHILE a letter of intent has been signed for proposed new owners to take over the Grand Lucayan, there is a long process ahead.
The best bids for the Grand Lucayan, and the government’s voluntary separation offer to its managers, will both be discussed tomorrow as efforts to resolve the resort’s future heat up.
The Grand Lucayan’s managerial union has been accused of “feasting on an economic tragedy” by demanding an extra $650,000 payout after the hotel had already upped its offer by $500,000.
The Grand Lucayan is “hellbent” on using the wrong formula to calculate staff separation packages for middle managers who were yesterday said to have cut their demands “by over $1m”.
The Grand Lucayan’s chairman yesterday said he is “aiming” to finalise voluntary separation packages for 227 staff by week’s end, after “substantially” narrowing differences with the unions.