![]() Guardian Media reached out to the Ministry of Finance but was directed to the Ministry of Tourism by the Minister in the Ministry of Finance Brian Manning. The new 342 room space is expected to be completed by late 2023. “The region remains a cornerstone of ALG’s strategy to expand the AMResorts footprint, and the Group remains committed to supporting the recovery of these destinations from the COVID-19 pandemic,” it said of the Caribbean during the pandemic in 2020.īy November 2021, the ALG announced it was bought out by Hyatt Hotel and just earlier this month, on April 8, the company announced that it was increasing its footprint in the Caribbean with a takeover of the St James’s Club Morgan Bay hotel in St Lucia. Martin, Cancun and Punta Cana among its accomplishments despite the COVID times. The Group listed properties and resorts in St. In early 2021, the ALG boasted of its strength in the Caribbean market. The adults-only resorts are currently up and running and according to the Dominican Government form the backbone of its $400 million hospitality development. While completion was pegged for the fourth quarter of 2021, by February 2022, the project was not yet completed and stalled for three months while dealing with legal issuesīy February 2020, the ALG broke ground on two Secrets Hotels in the Dominican Republic. The agreement will bring the first Secrets Resorts & Spa-branded property to the island, with the 600-key Secrets Baby Beach Aruba situated alongside Baby Beach, a popular white sand-lagoon in the Southern part of Aruba, close to San Nicolas. In November 2019, ALG announced a new arrangement with a new resort brand management deal in Aruba. While the Government is blaming COVID-19 restrictions for the bottomed-out deal, the disease was not impacting travel until after December 2019 and T&T went into lockdown five months after Imbert made the announcement.Īlso, the ALG’s relationship with the rest of the Caribbean did not seem impacted by the COVID-19 restrictions. He said then that he expected the ALG to take over the hotel within a month but that never happened. Though information was scarce at the time, in October 2019, Imbert eventually released the name of new operators-the Apple Leisure Group (ALG) and said then that several foreign operators had expressed interest in the hotel. ![]() The Magdalena Hotel is back on the market, as Government confirmed on Wednesday that it may have to re-tender for a new operator.īack in 2019, before the pandemic shutdowns, Finance Minister Colm Imbert announced that an international group has been selected to operate the ageing hotel.
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