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EHG Elegant Hotels Group Plc

110.00
0.00 (0.00%)
25 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Elegant Hotels Group Plc LSE:EHG London Ordinary Share GB00BWXSNY91 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 110.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Hodges Bay Resort & Spa terminates agreement with Elegant Hotels Group, PLC

09/07/2019 7:15am

PR Newswire (US)


Elegant Hotels (LSE:EHG)
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ST. JOHN'S, Antigua, July 9, 2019 /PRNewswire/ -- JSN Development Group Limited ("JSN") of Antigua and Barbuda announced today that its flagship newly opened US$100 Million property, Hodges Bay Resort & Spa on the northwest shore of Antigua has severed its relationship with Elegant Hotels Group PLC (LON:EHG) of London and Barbados and it is no longer under management contract with them.

Hodges Bay Resort & Spa

JSN terminated the agreement today with their lawyers, CANDEY, alleging repudiatory breach of contract, accounting failures and financial negligence.

About Hodges Bay Resort & Spa.
Set on eight acres of lush tropical gardens and sandy beach, Hodges Bay Resort & Spa is an exclusive beachfront resort, spa and residential development on the north shore of Antigua. Working with world renowned architects Kobi Karp, Hodges Bay Resort & Spa opened in November designed to assume the iconic status as the flagship development for Antigua. Blending a warm contemporary style with the charm and character of the island, Hodges Bay Resort & Spa offers luxurious hotel and residential accommodation, innovative dining options including an Edward Lee signature restaurant, and extensive leisure facilities. Hodges Bay Club is a development to bring Antigua to the forefront of contemporary luxury, not just in the Caribbean but throughout the world.

JSN has taken over direct and immediate management of the resort to elevate the level of service to the highest levels of luxury that they and their guests can expect from the Caribbean's leading hotel.    

All pending reservations will be fully honored by the resort.

About Antigua & Barbuda
Situated in the middle of the Leeward Islands in the Eastern Caribbean, Antigua is a beautiful tropical island ringed with coral reefs and blessed with calm waters and safe harbors, making it the yachting capital of the Caribbean.  Antigua's stunning beaches are complimented by lush green hills, while the well-preserved naval dockyards offer a glimpse of the island's unique heritage.  Antigua retains the charm of the real Caribbean, while offering a wealth of activities, lively festivals and breathtaking scenery.

Photo - https://mma.prnewswire.com/media/944082/Hodges_Bay_Resort_and_Spa_Contract.jpg

Copyright 2019 PR Newswire

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