The St. Regis Princeville Resort, located in the beautiful island of Kauai, Hawaii, was once a highly sought-after destination for tourists from around the world. This luxury resort was known for its stunning views of the ocean and mountains, top-notch amenities, and exceptional service. However, in September 2018, the resort suddenly closed down without any clear explanation, leaving many wondering what happened.
The Closure of St. Regis Princeville Resort
The closure of the St. Regis Princeville Resort came as a surprise to many people, especially those who had made reservations or were planning to visit in the near future. The announcement was made by Marriott International, the parent company of St. Regis hotels and resorts.
Reasons for Closure
While Marriott International did not provide a specific reason for the closure of St. Regis Princeville Resort, it is widely believed that it was due to financial difficulties faced by the property’s owner and operator.
According to reports, the resort had been struggling financially for several years due to rising operating costs and declining occupancy rates. In addition, Hurricane Lane had caused significant damage to the property in August 2018 which added to their financial burden.
Impact on Employees
The sudden closure of St. Regis Princeville Resort had a major impact on employees who were left without jobs overnight. Many employees were not provided with any prior notice or severance pay which left them struggling to make ends meet.
In response to this situation, some former employees have filed lawsuits against Marriott International and Kyo-ya Hotels & Resorts – the owner and operator of St. Regis Princeville Resort – alleging that they violated their legal rights under federal and state laws.
The Future of St. Regis Princeville Resort
As of now, there has been no official announcement about the future of St. Regis Princeville Resort. Marriott International has not revealed any plans to reopen the resort or sell it to a new owner.
Conclusion
The closure of St. Regis Princeville Resort was a significant event that had a major impact on employees and visitors alike. While the exact reasons for its closure remain unclear, it is evident that financial difficulties played a major role in this decision.
As we wait for more information about the future of St. Regis Princeville Resort, we can only hope that it will be revived and continue to bring joy and happiness to visitors from around the world once again.