Rock City Hotel has withdrawn the bid to purchase 60 percent shares in four hotels owned by the Social Security and National Insurance Trust (SSNIT), Bryan Acheampong, who has interest and shares in Rock City has confirmed.
The hotels include La Palm Beach Hotel, Labadi Beach Hotel, Royal Ridge Hotel and Elmina Beach Hotel.
The decision to withdraw the bid comes after Organised Labour on Friday threatened to embark on a nationwide strike beginning Monday, July 15, if SSNIT proceeds with the decision to sell the hotels to Rock City Hotel.
In a letter dated July 12, 2024, addressed to the Director-General of SSNIT, Mr. Kofi Osafo-Maafo, Rock City Hotel expressed their disappointment at the lack of stakeholder engagement, which they believe has led to the negativity surrounding their bid.
Below is the statement by Rock City.
The statement letter from rock city is not clear for reading. Work on that next time