Published On: Fri, Mar 7th, 2014

Marriott property for sale

Curacao HotelsWILLEMSTAD - The building where the Marriott hotel is located is for sale by owner Reef Resort Hotel Inc. The initiative came from Minister of Finance Dr. Jose Jardim, in order to resolve it the outstanding debt to the government.

The operation of the Marriott Hotel is not enough for the owners, Reef Resort, to provide the necessary renovations to the building. Also, the income from the rent, paid by the Marriott, is insufficient to resolve the outstanding debts and the interest. It is also expected that the sale will give the local tourism a new impulse. Conditions were established for the acquisition of a hotel property; so the buyer must upgrade the property and employment must be guaranteed.

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