Rex Resorts hints at legal action after announcement of sale of hotel

In a press release, the firm said it has not been contacted by neither the government nor Sandals on any negotiations or sale. Further, the company said it’s not in breach of the long-term lease nor has it been notified of any breach of any terms or conditions.

“The pending sale is as much news to Rex Resorts as it is to the rest of the world. Bearing in mind our registered lease, any sale of the property would be subject to the lease,” the release read.

Richard Bryson of MD of MRI for Rex Resorts said the announcement and press coverage is having an adverse financial impact and hurting visitor bookings, and so the company is consulting legal advisors.

 



Leave a Reply

Reset password

Enter your email address and we will send you a link to change your password.

Get started with your account

to save your favourite homes and more

Sign up with email

Get started with your account

to save your favourite homes and more

By clicking the «SIGN UP» button you agree to the Terms of Use and Privacy Policy
Powered by Estatik
error: Content is protected !!