Luxury Curacao Resort Renamed Santa Barbara Beach & Golf Resort, Curacao; Hyatt...

Luxury Curacao Resort Renamed Santa Barbara Beach & Golf Resort, Curacao; Hyatt Terminated as Property Manager



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NIEUWPOORT, Curacao, Dec. 15, 2012 /PRNewswire-HISPANIC PR WIRE/ — Santa Barbara Hospitality,
N.V., a hotel investment group, today announced that the former Hyatt Regency
Curacao Golf Resort, Spa and Marina is under new management and will operate
under a new name.


(Photo:  http://photos.prnewswire.com/prnh/20121215/DA29769 )


The owner terminated its management agreement with Hyatt Corporation and
Hyatt Curacao, N.V. (“Hyatt”) on November 21, 2012, and today installed
Benchmark Hospitality International (“Benchmark”) to operate the luxury Curacao
resort. The resort has been renamed as the Santa Barbara Beach & Golf
Resort, Curacao.


According to the owner, owner representatives assumed control of the resort
at approximately 12 midnight local time – in order to avoid any inconvenience to
guests or employees. The owner informed Hyatt of its plans, and assumed
operational and financial control of the 350-room property.


Employees were notified of the change in management. Benchmark plans to offer
employment to most current hotel staff members, who will maintain their current
rate of pay, original start date and accrued vacation. All current reservations
and event bookings will be honored without change. Guests may call +
5999-8401234 from any international location, 1-855-590-2266 from the U.S., or
8401234 locally regarding existing or new reservations. Visit
santabarbararesortcuracao.com.


“This is an exciting development for the resort, its employees, and the
thousands of international guests we soon expect to welcome,” says David
Maxfield, a representative of Santa Barbara Hospitality, N.V., owner of the
hotel. “We believe this property is now poised to become one of the world’s
premier luxury destinations.”


The owner announced that it terminated Hyatt amid allegations that the hotel
management company violated the terms of a management agreement, dated March 16,
2005. According to correspondence sent from the owner to Hyatt, dated December
15, 2012, “… via letter, dated November 21, 2012, Owner terminated the
Management Agreement and asked Hyatt to contact Owner to immediately discuss
interim management and other transition-related matters, to ensure a smooth
handover of Resort operations. Hyatt has not complied with Owner’s request.”


“The owner believes that Hyatt failed in discharging its responsibilities to
the owner of this resort,” says William A. Brewer III, partner at Bickel &
Brewer and counsel for Santa Barbara Hospitality, N.V. “Owner, therefore,
exercised its right to terminate Hyatt and install new management. This has been
an orderly and peaceable management transition – designed to ease any disruption
to employees or guests.”


The owner claims that under Hyatt’s management, the resort missed revenue
projections by almost $12 million in 2011, and occupancy rates that year were
approximately 22 percent lower than expected. Both revenue and occupancy are
also lower than projected in 2012, according to the owner. The owner alleges
that Hyatt failed in its duties and responsibilities with regard to the service,
training and supervision of the resort’s personnel, budgeting and forecasting,
and sales and marketing of the resort.


“This property is committed to serving the needs of customers across the
globe and making every guest experience memorable,” says Tom Garcia, interim
manager of the resort. “We look forward to working with the local community and
delivering a level of service that is beyond comparison anywhere in the
Caribbean.”


The Santa Barbara Beach & Golf Resort, Curacao is a luxurious beachfront
resort located in the Santa Barbara Plantation area of Curacao. The resort
offers stunning views of the Caribbean Sea, three pools, a private spa, tennis
courts, two marinas, and an 18-hole Pete Dye championship golf course. It is a
unique luxury resort destination on Curacao, an island in the southern Caribbean
Sea situated off the Venezuelan Coast. The island is recognized as one of the
“best kept secrets in the Caribbean,” featuring acclaimed diving, outdoor
activities, fine dining, and many cultural attractions.


About Benchmark Hospitality
International:    

Benchmark Hospitality International is a leader
in the management and marketing of resorts, conference centers, hotels, and Personal Luxury Resorts &
Hotels
SM. The independent company, launched in 1980, is a
worldwide organization operating properties in major metropolitan and resort
destinations. Benchmark’s international headquarters is located in The
Woodlands, Texas, near Houston. Benchmark Hospitality is also a founding member
of the International Association of Conference Centers. The company’s eastern
regional office is in New Jersey, western regional office is in Washington, with
international offices in Tokyo, Japan, and Santiago, Chile. Visit benchmarkhospitality.com.


About Bickel & Brewer:       

Founded in 1984, Bickel & Brewer has earned a reputation as one of
the most successful law firms in the United States practicing exclusively in the
field of complex commercial litigation and dispute resolution. With offices in
New York and Dallas, Bickel & Brewer represents a wide spectrum of industry
leaders – from entrepreneurs to Fortune 500 corporations – facing the most
challenging of legal issues. Visit Bickel & Brewer at bickelbrewer.com.

SOURCE 
Santa Barbara Hospitality, N.V.

Luxury Curacao Resort Renamed Santa Barbara Beach & Golf Resort, Curacao; Hyatt Terminated as Property Manager