1) Buddy’s build Princess Hotel wid 250 rooms fuh US$13 million. De government building Marriott wid 190 rooms fuh four times that amount—US$51 million.
2) Apart from Republic Bank dem ain’t naming no other partner. Dem boys asking all de time but dem ain’t getting answer.
3)the roads that don’t last a rainy season…public sector wages, a host of problems need to be taken care of …why build a hotel for the Marriott?
4)Badal - “My issue is not putting up a hotel…If the Marriott wants to, it is a very rich multinational company, it should not depend on the taxpayers of this country to finance a US$51M investment and then it will come and run it…That’s not good business!
5) The hotelier drew reference to the 2007 appeal by the Head of State for the country to increase its inventory of rooms available for the Cricket World Cup. According to Badal the majority of the new hotels that were built are now up for sale with no buyers available
6)...the logic behind the investment saying that at present the country’s hotel industry as a whole operates at an average of a 30 per cent occupancy rate. “So why would taxpayers’ money be used to increase the inventory of rooms when there is no increase in demand?
“You tell me where the additional people will come from?”
7) Finally...the government over the years has demonstrated its inability to prudently manage the taxpayers’ money which it has invested over time, on each occasion raising eyebrows
2) Apart from Republic Bank dem ain’t naming no other partner. Dem boys asking all de time but dem ain’t getting answer.
3)the roads that don’t last a rainy season…public sector wages, a host of problems need to be taken care of …why build a hotel for the Marriott?
4)Badal - “My issue is not putting up a hotel…If the Marriott wants to, it is a very rich multinational company, it should not depend on the taxpayers of this country to finance a US$51M investment and then it will come and run it…That’s not good business!
5) The hotelier drew reference to the 2007 appeal by the Head of State for the country to increase its inventory of rooms available for the Cricket World Cup. According to Badal the majority of the new hotels that were built are now up for sale with no buyers available
6)...the logic behind the investment saying that at present the country’s hotel industry as a whole operates at an average of a 30 per cent occupancy rate. “So why would taxpayers’ money be used to increase the inventory of rooms when there is no increase in demand?
“You tell me where the additional people will come from?”
7) Finally...the government over the years has demonstrated its inability to prudently manage the taxpayers’ money which it has invested over time, on each occasion raising eyebrows