Archive for May 25th, 2009

Bahamas Timeshare ‘Atlantis Resort” lays off 800

Monday, May 25th, 2009

The Atlantis Resort in the Bahamas has recently eliminated 800 employees. In a sign of the economic times, the famous resort had to make cuts due to decreased occupancy rates and sales.

The Atlantis Resort in the Bahamas features over 3,000 rooms. This resort is one of the best selling timeshare resorts of all time on the secondary or timeshare resales market. The demand is astounding with people often paying thousands for a one-week stay each year. According to resort officials, a lay off of 800 accounts for about 10% of their staff.