All Inclusive Resorts
Breezes Rio Bueno might reopen if SuperClubs is successful in buying the property.
The resort property in Jamaica is owned by the National Insurance Fund (NIF) of Jamaica. In the past, SuperClubs paid the NIF $200,000 per month to rent the property and operate it as Grand Lido Braco and then later as Breezes Rio Bueno.
When the contract was up for renewal, the global recession and increased competition led SuperClubs to ask the NIF to rewrite the contract. The goal was to have the contract based on a performance commission instead of a set monthly rental fee. Since this would lead to more fluctuations in rental income for the NIF, the contract was not successfully renegotiated. SuperClubs decided to close Breezes Rio Bueno.
Now, after months of no rental income from the property, the NIF is trying to find new owners or renters to buy or manage the resort. SuperClubs is reported to be interested in purchasing the resort. If this happens, there is a chance that SuperClubs would reopen the resort under the same name Breezes Rio Bueno.
If you have any additional information, please post it in the comment section. Many people were sad to see Breezes Rio Bueno close and would love to see it reopen.
Add a Comment/Review