home bbs files messages ]

Forums before death by AOL, social media and spammers... "We can't have nice things"

   ont.politics      Ontario politics      90,757 messages   

[   << oldest   |   < older   |   list   |   newer >   |   newest >>   ]

   Message 90,382 of 90,757   
   =?UTF-8?B?XCAo4oCi4peh4oCiKSAv?= to All   
   Trump's hotel in Vancouver BC - bankrupt   
   28 Aug 20 18:31:35   
   
   From: brewnoser2@gmail.com   
      
   CBC News ยท Posted: Aug 28, 2020   
      
   Trump Hotel in Vancouver closes as company files for bankruptcy   
      
      
   The company that owns Vancouver's Trump International Hotel has filed for   
   bankruptcy, according to documents from the Office of the Superintendent of   
   Bankruptcy Canada.   
      
   Staff who answered the hotel phone Friday morning said the hotel has closed   
   permanently.   
      
   Hotel operator TA Hotel Management Partnership Ltd. filed for bankruptcy on   
   Thursday. TA Hotel Management Limited Partnership is a subsidiary of TA Global   
   Berhad.   
      
   TA Global Berhad's website says it is based in Kuala Lumpur, Malaysia, and   
   involved in property development and investment, with luxury highrises in key   
   locations worldwide.   
      
   CEO Tiah Joo Kim has been at the helm of TA Global Berhad as CEO since 2016,   
   according to his online bio. He opened the Trump hotel in Vancouver in 2017   
   and soon after expressed concerns about the deal, amid protests.   
      
   A creditors meeting is scheduled for Sept. 16.   
      
   Kim, who is also CEO of Vancouver-based Holborn Group,  did not respond to   
   requests for comment. Bankruptcy files list TA Hotel Management Partnership's   
   liabilities at $4.8 million, with assets of $1 million.   
      
      
   Union says news came as a shock   
      
   On Friday, two people answering the phone at the front concierge desk said the   
   hotel is empty and staff are gone.   
      
   Meanwhile calls to make bookings Thursday and Friday were refused by staff who   
   said the hotel was not taking any business. The online booking portal for the   
   luxury hotel shows no rooms available beyond Aug 27.   
      
   Repeated calls for more information to Holborn Group and the hotel manager,   
   who is based in Hawaii, were not returned.   
      
   The front entrance to the hotel is boarded up, and the online booking system   
   does not connect to staff.   
      
   Earlier this month Vancouver Coastal Health expanded a warning about a   
   possible coronavirus exposure at the hotel's lounge, called the Ivy, between   
   Aug. 7 and 9.   
      
   A union representative for hotel staff told CBC the news came as a shock and   
   staff learned of the closure from the media.   
      
   There were protests in 2017 when the hotel opened and unveiled the gleaming   
   silver Trump name emblazoned on its front facade.   
      
      
   https://i.cbc.ca/1.5704599.1598655472!/cumulusImage/httpImage/im   
   ge.jpg_gen/derivatives/original_1180/trump-hotel-shutting-down.jpg   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)   

[   << oldest   |   < older   |   list   |   newer >   |   newest >>   ]


(c) 1994,  bbs@darkrealms.ca