Sandals Resorts International is moving its businesses out of the Caribbean island of Tobago.
The announcement was made at a media conference in Port of Spain, Trinidad, yesterday and following a meeting between that country’s Prime Minister, Dr Keith Rowley and other ministers.
Communications Minister, Stuart Young said the decision was due to bad publicity by a few people. He said it was a bad day for Trinidad and Tobago.
The Office of the Prime Minister, in a statement, says at a meeting with Prime Minister Rowley and Sandals Executives said they made the decision due to the cumulative effect of what they call ‘negative narratives’ about its pursuits.
The statement also said that Sandals Executives confirmed that the separation will not cost the Trinidad and Tobago government, given that no contracts were signed by the two parties.
In a statement to Nationwide News last evening, Deputy Chairman of Sandals International, Adam Stewart says the entity made the decision after careful consideration of its current priorities and existing expansion plans. He says Sandals is thanking Trinidad and Tobago Prime Minister Dr. Keith Rowley and that country’s government for allowing the company to explore the possibility of bringing the Sandals brand to Tobago two years ago.
He says while the project was not in Sandals original short term plans, the company have always found Tobago to be an amazing destination with tremendous potential.