Press Statement from the Management of Grand Isle Resort & Residences

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March 29, 2021

In anticipation of the reopening of the tourism sector, in the throes of recovery from a year of severe financial challenges, Grand Isle Resort & Residences in Exuma said today it has no choice but to restructure its business model.

It is with great regret that the restructuring includes the termination of some 40 currently furloughed team members, each of whom, the resort said, will be treated fairly and receive full payout packages in accordance with the Bahamas Employment Act.

Grand Isle is committed to retaining as many team members as possible and remaining a preferred employer on the island.

The Minster of Labour has been informed of this matter and we look forward to an amicable resolution with continued success for both the resort and our team members.

News date : 03/29/2021    Category : Business, Press Releases

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