Approximately 60 employees of the Royal Holiday Club were left without a job yesterday after the company closed its Bahamian operations after 30 years, The Nassau Guardian learned.

The Royal Holiday Club is a timeshare company that operated from the Wyndham Nassau Resort.

A copy of a letter to the employees was sent to The Guardian by a former employee.

"Dear employee, the owner of Bahamas Vacations International (Nassau) Ltd. and Bahamas Vacations International (P.I.) Ltd. has decided to close its Bahamas operations," the letter read.

"Consequently, it has decided to terminate all employee contracts with immediate effect.

"Please feel free to contact myself or the company's attorney, Philip McKenzie, regarding any concerns you may have resulting from these decisions."

The letter is dated October 7 and was signed by the company's comptroller Paulette Smith.

A former employee of 17 years, who did not wish to be named, said that on Friday, employees received an urgent message stating that a mandatory meeting was scheduled for yesterday morning.

She said that at the meeting McKenzie informed the employees of the closure.

"There was no (prior) indication to the staff that the company would close," the employee said.

"We had no idea what was going on." She said some of the former employees are distressed. The company is based in Mexico.

Royal Holiday has over 100,000 members in 52 countries worldwide, according to the company's website. "Our commitment stands stronger than ever," the website says.

"That is to offer the highest standard in quality service in the best hotels, affiliated resorts, condos, villas, international timeshares (through Resort Condominiums International, RCI) and cruise ships."

Employees of Royal Holiday Club Bahamas claimed that they were not given severance pay when they were sent home yesterday.

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