Sandals withdraws from Tobago project
On Tuesday 15 January, 2019 Deputy Chairman, Mr Adam Stewart and CEO, Mr Gebhard Rainer of Sandals Resorts Inc met with Prime Minister Dr the Honourable Keith Rowley and Minister of National Security, Minister of Communications and Minister in the Office of the Prime Minister, the Honourable Stuart Young at the Office of the Prime Minister.
At the meeting, the Sandals’ executives informed the Government that unfortunately, due to the cumulative effect of the negative narratives espoused about the pursuit of a Sandals and Beaches Resort in Tobago, the Board of Sandals decided that its resources should be utilised elsewhere at this time.
Mr Stewart and Mr Rainer confirmed that as the parties had not completed any commercial agreements there would be no costs from Sandals for the Government’s account. They thanked the Government and said that it had been a pleasure working with the Prime Minister and Minister Young over the last couple of years and that there was a level of disappointment that the project would not be proceeding.
The Government whilst disappointed at this turn of events continues to be committed to the development of Tobago and will continue to look for opportunities for Tobago.