Trump Lodge in Vancouver closes as corporation information for individual bankruptcy

Trump Hotel in Vancouver closes as company files for bankruptcy

The enterprise that owns Vancouver’s Trump Global Hotel has filed for personal bankruptcy, according to documents from the Workplace of the Superintendent of Individual bankruptcy Canada. 

Workers who answered the resort telephone Friday early morning stated the resort has closed permanently.

Hotel operator TA Resort Administration Partnership Ltd. filed for personal bankruptcy on Thursday. TA Lodge Management Constrained Partnership is a subsidiary of TA Worldwide Berhad. 

TA Worldwide Berhad’s website states it is dependent in Kuala Lumpur, Malaysia, and associated in residence growth and financial investment, with luxurious highrises in essential destinations throughout the world.

CEO Tiah Joo Kim has been at the helm of TA World Berhad as CEO due to the fact 2016, according to his on the web bio. He opened the Trump resort in Vancouver in 2017 and soon just after expressed worries about the deal, amid protests. 

A creditors conference is scheduled for Sept. 16. 

Kim, who is also CEO of Vancouver-dependent Holborn Group,  did not respond to requests for comment. Bankruptcy data files listing TA Hotel Administration Partnership’s liabilities at $4.8 million, with assets of $1 million.

Union suggests information arrived as a shock

On Friday, two people answering the phone at the front concierge desk reported the lodge is empty and workers are absent.

In the meantime calls to make bookings Thursday and Friday were being refused by staff who claimed the hotel was not having any organization. The on line reserving portal for the luxurious lodge demonstrates no rooms offered outside of Aug 27.

Recurring phone calls for a lot more details to Holborn Team and the resort manager, who is primarily based in Hawaii, were being not returned. 

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Discover on the boarded-up back again entrance to the Trump Hotel in Vancouver on Aug. 28, 2020. (Maggie MacPherson/CBC) (Maggie MacPherson/CBC)

The entrance entrance to the hotel is boarded up, and the online booking system does not join to team.

Earlier this thirty day period Vancouver Coastal Overall health expanded a warning about a attainable coronavirus publicity at the hotel’s lounge, named the Ivy, involving Aug. 7 and 9.

A union agent for hotel workers explained to CBC the information came as a shock and staff members acquired of the closure from the media. 

There ended up protests in 2017 when the lodge opened and unveiled the gleaming silver Trump title emblazoned on its entrance facade.

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