For sale? Remullas shutting down Island Cove on July 28 after 20 years
The management of the 36-hectare Mediterranean-inspired Island Cove Hotel and Leisure Park (ICHLP) at the coastal outskirt of this town’s Binakayan village formally announced Monday that it will cease all business operations on July 28.
The management’s decision to close the establishment is in line with the purchase conditions agreed upon with the still unnamed new business owners.
In a statement from ICHLP’s management team on Monday, Island Cove Corp., with Gilbert C. Remulla as Managing Director, formally announced that after 20 years of providing world-class leisure, recreation, and celebrations, ICHLP will close its doors and cease operations on July 28, 2018.
“It has been a pleasure serving our guests and clients as well as working with our partners over the past 2 decades,” the statement reads.
Speculations have been spreading around for months now about the property owners’ — the Remulla clan — intent to sell the resort and leisure park as the members are said to be more focused on politics and public service than managing their family business.
The management has already informed their employees, contractors and suppliers, and this time around, expresses deep gratitude for the support of the public and loyal customers. (PNA)
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