Tuesday, August 16, 2011

Caribbean Cove Hotel Closing on Oct. 9

The Caribbean Cove Hotel and Water Park plans to shut down operations in Indianapolis, Ind., and lay off 206 employees effective on Oct. 9, 2011.  The owner, General Hotels Corp. plans to sell the hotel to prospective buyers by Sept. 12 due to a weak economy and increased competition.

The Caribbean Cove Hotel and Water Park is a 344-room hotel in Indianapolis, Ind.  The hotel has an indoor water attraction, with its distinctive brightly painted water tubes wrapping around the outside of the building

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The Plant Prospector is a weekly e-mail service that identifies national, regional, and local plants and businesses in transition through layoffs, closings, and work force reductions. A reduction in the number of employees is an indication of a current or imminent change in the operations of an enterprise and is invaluable in identifying companies including private firms, small public companies, and subsidiaries of major corporations that are in flux. Plant Prospector is an ideal prospecting tool for firms that provide services to businesses in transition, such as temporary employment agencies and outplacement firms, and for companies whose business may be affected by change, such as suppliers, professional firms, and insurance companies.

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