SINT MAARTEN (SIMPSON BAY) – The St. Maarten Timeshare Association (SMTA) has reached out to its industry partners and based on the information that they have received, the association can confirm that there have been no employee layoffs within the Timeshare industry to date, the SMTA said in a press statement on Wednesday.
“Several General Managers of Member Resorts indicated that they have applied for relief from the Government via the SSRP, however, to date they have not received any payments.
“Since revenues have dropped to zero since the lockdown and with no firm opening date in sight, all resorts are anxious to receive the promised SSRP funds.
“SMTA will continue to work very closely with our industry partners to provide as much support as possible to ensure that our product remains competitive within the Caribbean.
“The association has also extended their assistance to several organizations including government as they would like to ensure the continuity of the product and to secure the livelihood of everyone involved,” the SMTA statement concludes.
Source: Souliga Newsday https://www.soualiganewsday.com/index.php?option=com-k2&view=item&id=31463:timeshare-sector-says-there-has-been-no-employee-layoffs&Itemid=450
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