Palm Springs Resort, one of the leading hotels in Liberia is expected to invest US$4M soon. When such investment is made, it would employ several hundred of Liberians.
“We are currently seeking ways to invest a little over US$4M in the hospitality industry and other areas soon. When such investment is made, it will help the economy in many ways,” a senior manager at the hotel told this paper.
Palm Spring Resort, is owned and manage by Najib Kamand, a Lebanese national but attended his secondary education in Liberia.
At present, the hotel is undergoing renovation that will improve the facilities. It has a casino, swimming pool, executive suites, boutique as well as other modern facilities associated with international hotel.
The official said, base on the prevailing condition in the country, the project will start before the end of this year.
“We are optimistic that things will work well so we can jump start this investment. This will be the first biggest investment in the hospitality industry since this government came into power,” the official added.
On the level of competition, the official said, “we welcome fair competition but not one that will be done in an unfair manner.”
In recent times, some competitors to Palm Spring Resort have been accused of embarking on negative media campaign. For instance, “they sit and manufacture stories to make people believe that palm spring is indebted to its employees, etc. We do not want to go by such negative campaign.” TNR
The New Republic Newspaper is an independent newspaper established in 2009 by a Liberian journalist, Alphonso Toweh with many years of experience for the key purpose of reporting a balanced coverage of events as well as promoting Liberia’s image locally and internationally.
Toweh has been working for Reuters News Agency as its correspondent since 1998 to present. In addition to that, he has served as correspondents for the following magazines: West Africa New African, Africa Week and African Observer.
More to that, he worked for Radio Deutche Welle radio in Germany, Radio Netherlands and contributed to CNN, BBC News hour, BBC TV as well as Africa Confidential and Sunday Times in London.
The paper has no political affiliation nor ethic lineage. The focus and primary commitment is to ensure the sovereignty of Liberia and unity for Africa. It seeks to foster human rights and freedom of the press.
The New Republic is a liberal paper dedicated to upholding the tenets of democracy. It believes that state can not only create the political, social, economic and cultural spirit, but also to ensure that all human beings, irrespective of any affiliation is able to achieve its highest human potentials.
The paper strives for free speech and equal opportunity for all. Importantly, it believes that the nation must intervene judiciously in the economic life, in order to minimise the adverse effects of free enterprise and ensure that less privileged people have reasonable and fair access to the basic necessities of life. By this, it would help reduce some level of threat.
New Republic brings huge commitment to its readers and offers the nation the type of media that will advocate for the people and nudge our nation on the path of development and social re-engineering