Friday, February 21, 2020

Beaches Resort TCI Confirms Closure Amid Reports Of Tax Controversy

Beaches Resort Villages and Spa in the Turks and Caicos Islands  (TCI) has confirmed that it will be closing in 2021 due to a massive bill, which is in dispute, with the TCI government, it has been reported.

Magnetic Media reported on Friday that it obtained the confirmation from the resort.

According to Magnetic Media, government taxes were reportedly calculated in a way that is not sitting well with Sandals Resorts International, which owns the Beaches family resorts.

The calculations by the Ministry of Finance and backed by the Attorney General’s Chambers have reportedly been in dispute for years, it reported.

The media outlet said it was told that the lingering bill in dispute has now ballooned to some $60 million.

“Naturally, this decision by Beaches Resorts is being cited as catastrophic for the Turks and Caicos Tourism industry, as Beaches is a key linchpin in the success of air arrivals to Providenciales, in particular,” it stated.

Beaches  was quoted as saying that guests traveling between now and January 2021 that are not impacted by these closures will receive the vacation experience that the resort has become known for.

” For impacted guests, we are committed to making this as seamless as possible by allowing them to change their travel dates to Beaches Turks & Caicos or travel on their original travel dates to one of our other locations in Jamaica, Beaches Negril or Beaches Ocho Rios, at no additional cost, including airfare change fees. Guests may also choose to travel to any of our 16 Sandals Resorts,” the Beaches statement quoted by Magnetic Media said.

The TCI Sun, in reporting on the closure,  said Beaches Turks & Caicos Resort Villages & Spa will be closed from September 3rd to October15th in 2019 and from September 7th to October 22, 2020, and then for an indefinite period from January 2021.

The publication made no mention of taxes.

 

2 COMMENTS

  1. Hmmm… doesn’t that sound familiar ? at least that government is putting it’s foot down until our current administration!

  2. Nice to see that Sandals cant get away with all their dirty tricks at least in one island,not all are corrupt in this world thank the powers that are up there

Comments are closed.

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