The Almond Resorts Inc. (ARI) saga could be nearing its end.
According to deputy chairman of ARI and chief executive officer of Neal & Massy, Gervase Warner, the sale of the two remaining Almond Resorts properties in Barbados should be completed within two to four weeks.
Following a ribbon-cutting ceremony for Super Centre and Dacosta Mannings’ “super combo store” in Warrens, St Michael, yesterday, Warner told the media that sale agreements had been signed for both Almond Beach Village and former Almond Casuarina Beach Resort.
He said shareholders had voted “overwhelmingly” to proceed with the sale of the Village to the Barbados Tourism Investment Inc while Sandals Resorts took over operations of the former Casuarina at midnight on Tuesday.
