Bridgetown.
Over 100 hundred workers at the state run Gems of Barbados hotel brand will be laid of later this year.
Hoteliers Bernard Weatherhead and Ludo Marcelo, have forged an agreement with the parent company Hotels and Resorts Limited(HRS; to lease the Savannah Hotel and Time Out properties, leaving the Blue Horizon as the only hotel in the Gems group.
According to HRL chairman David Bowen,Weatherhead and Marcelo's company,
MW Sun Hotels Inc will assume control of the two hotels in the next three to five months.
Bowen said, the excitment over the deal with MW Sun was tempered by the fact approximately over 100 workers with the company will be laid off.