PORT OF SPAIN--Too much badgering and negative publicity are being blamed for Sandals Resorts International’s pullout from the Tobago project by its Chief Executive Officer (CEO) Gebhard Rainer.
The pullout was revealed at a media conference Tuesday, at the Office of the Prime Minister, St Clair, chaired by Stuart Young, Minister of National Security and Communications.
There was no hint of the collapse of negotiations as the media waited for the end of a closed-door meeting with Prime Minister Keith Rowley, Young, Rainer and Sandal’s deputy chairman Adam Stewart.
Less than two weeks ago Rowley boasted that Sandals would be one of the linchpins of not just Tobago’s economy but that of the overall country. The Prime Minister and the Communications Minister dismissed those critics who cast doubt on the validity of the negotiations and the impact on the environment.
Rainer insisted that they have received constant and ongoing negative publicity over the last two and a half years since the inception of the project and added that the reports could have eventually have a negative impact on its brand. He stressed that objections to the project failed to take into account the positive impact such a resort project would have on Tobago’s tourism prospects.
Rainer emphasized the impact of their operations on local economies and the direct and indirect benefit to several sectors such as agriculture, transportation and even other hotel properties.
In extending gratitude and thanks to Dr. Rowley and Minister Young for their “unwavering support and consistent transparency and directness throughout the process.” Rainer stressed that there was “never a shadow of a doubt what the prime minister and the minister are intending to do for the good of T&T, specifically Tobago.
“A very transparent process…we are a company that works on the principles of transparency, on the principle of honesty and the principle of living and working and benefitting communities that we are operating in,” Rainer said.
Referring to the Memorandum of Understanding (MOU), Rainer made it clear that both parties signed it as an indication of good faith. He disclosed that there are no signed agreements that would create or would have created any liability on either party.
He said Sandals worked in good faith and at their own risk, “which means that there is no cost from Sandals that would be passed on to the T&T government. There are no costs involved. We have worked on our own risk; any cost that we have accumulated from preliminary designs any other expenses are all our expenses,” Rainer said.
Young said it was a sad and disappointing day for T&T that saw a handful of people, “some with agendas and some with personal agendas in particular, chase away one of the best brands of the Caribbean from T&T.”
Just over two months ago, on November 1, during a post-Cabinet media briefing, Rowley admitted that T&T’s back would be against the wall if Sandals Resorts pulled out of building two hotels in Tobago. The prime minister said then that quite a few detractors have been saying that Government has not been following proper procurement processes with Sandals International since the signing of a MOU.
Rowley said then that they had no information to hide and described those suggesting some elements of secrecy in the negotiations as mischievous and not familiar with the conduct of business.