Monday, April 12, 2010

Banyan Tree Pulls from Al Areen Resort in Bahrain Due to Contract Breaches

In a rushed move, Banyan Tree Hotels & Resorts has terminated, with immediate effect, its management contract for the Banyan Tree Al Areen Resort in Bahrain on April 8. This was in response to management company Al Areen Holding Company's "continuing breaches of the management contract." Typically, contract terminations require a notice with transition period of two weeks, however Banyan Tree's is effective immediately.


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