Chopping Block!
... I feel like Robespierre!
Yesterday it was officially announced that the owners had received and accepted an offer to purchase the hotel, conditional upon satisfactory completion of a 60-day due diligence process. The prospective buyer also owns the other two properties and the management contract would go to the existing holder for the other two properties, which means that likely if this goes through, the GM and the three division heads (myself included) will likely be out of jobs... although there is a chance that the GM will be be offered the Director of Operations position for the complex, and I could be offered a similar position there, but it's unlikely. Everyone else should be just fine... but there is a lot of resentment of the other property amongst my staff so holding on to them for the next three months could be tricky.
We'll see, I was headhunted once last week and I started putting out resumes when I first heard we were for sale and have receive two interview requests already (one in Sherwood Park), so we'll play it by ear for now.
... I feel like Robespierre!
Yesterday it was officially announced that the owners had received and accepted an offer to purchase the hotel, conditional upon satisfactory completion of a 60-day due diligence process. The prospective buyer also owns the other two properties and the management contract would go to the existing holder for the other two properties, which means that likely if this goes through, the GM and the three division heads (myself included) will likely be out of jobs... although there is a chance that the GM will be be offered the Director of Operations position for the complex, and I could be offered a similar position there, but it's unlikely. Everyone else should be just fine... but there is a lot of resentment of the other property amongst my staff so holding on to them for the next three months could be tricky.
We'll see, I was headhunted once last week and I started putting out resumes when I first heard we were for sale and have receive two interview requests already (one in Sherwood Park), so we'll play it by ear for now.
Labels: work

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