NIPCO Plc, the new owners of Abuja Sheraton Hotel has explained the reasons behind the move to shut down the hotel to carryout extensive renovation.
It was gathered that the new owners had communicated its decision to temporarily shut down the hotel to Marriott since September which allows them to make all necessary preparations for the shutdown.
The hotel union members were seen protesting against Marriott for the non-payment of their severance packages as agreed with Marriott and for other issues bordering on safety standards as a result of the degraded state of the hotel.
It is understood that the appalling state of the hotel had given reason for the safety complaints which the union had asserted as posing danger to the employees, the hotel guests, and the general public.
The management of the hotel has also assured that most of the employees will be reabsorbed upon reopening of the hotel, dowsing the fears of job losses.
A statement by the new owners stated that the new investors are keen to turn around the fortunes of the hotel through the injection of substantial new capital under certain preconditions.
