On Tuesday, June 30th it was
announced in the trade that H/NAS/Baha Mar has filed Chapter 11. Yesterday we
received notification directly from Baha Mar that this is true and at this time
they will no longer accept any new reservations nor will they honor any
existing reservations they have on the books. We were already
working on relocations up to September 8th and thankfully, we had
taken the hotel offline some time ago to be safe and therefore, only have 2
additional bookings that will need to be relocated after that date.
The protections that are currently
being worked on (for travel through September 8th) will need to be
finalized no later than July 7th as we will need to ensure that an
invoice for the protection amounts is issued to Baha Mar as soon as possible
considering the announcement this week. Maria will be sending out a
separate reminder/message on that topic noting the deadline for finalization.
The 2 bookings that we have for
travel September 9th onwards are not being offered any protection by
Baha Mar – we have, however, reviewed our current rates and alternatives in
Calypso and will be presenting options that we feel suitable for
relocation. Maria will also be sending that message out today.
The press release from Baha Mar does note
that they still intend to finish construction and open as soon as realistically
possible however, until that time comes, we will not be sourcing this product
for sale.
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