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Old Monday, July 26th, 2010, 12:09 PM
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Default Hilton might take the Bushiri

Translated from the dutch amigoe:

ORANGE CITY - Whether six years Bushiri vacant hotel in Oranjestad is possible in the hands of the Hilton group. This confirms the Minister of Tourism, Labour and Transport Otmar Oduber (AVP) Amigoe this morning.

Earlier, the minister did not tell yet who the candidates were taking over the hotel. Now he says this newspaper that the U.S. investment company Baron Investors a guarantee of three million dollars in an account is deposited, as evidence of its serious intentions to the grounds of the hotel to buy.

Public Auction
"If within 45 days no deal on the table, then that amount again released and we will proceed to a public auction of the hotel." The minister acknowledges that Baron Investors, despite this guarantee, including the auction may wait to share the hotel at a lower price to buy. "This is indeed an option, but the fact is that they are serious interest by seeking three million as a guarantee separately to explain." The Minister said that representatives of the Hilton hotel group three weeks ago, Aruba have visited the hotel and its premises to inspect . He also indicates that after six years vacancy actually only the land value. "All this time the building was empty and no maintenance is carried. Such property is then very rapidly. "The Government will pay one million and a half florin for the security of the building.

Developer
Early this year it became clear that sales to the Spanish Sol Melia group definitely never happened. They had planned at the site where the building stands Bushiri, accompanied by two additional pieces of land on either side of the hotel, a five-star hotel to be built. Trusam developer who was interested in buying the building Bushiri, also did not meet the conditions and was not to build. Even earlier, in 2005, the Aruban government actively been looking for investors in an attempt to breathe new life into the Bushiri hotel. This after a long-running negotiations with the so-called group spoke Lowenstein walked. Lowenstein claimed hereafter areas on either side of the building, including a piece of the container port. They did this even in cassation against the government, but lost. Then let Lowenstein "after consultation with the government," the claims in these areas separately.
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Old Tuesday, July 27th, 2010, 01:09 PM
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Default Re: Hilton might take the Bushiri

I always look at the Bushiri and feel bad. It was positive for Aruba because of the Hotel and restuarant management piece, a learning hotel. It is now so run down...so sad.
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