© Guardian photo
Michael MacIsaac, director of maintenance at the Holman Grand Hotel, tests the pool's water.
Almost six months to the day after the Holman Grand hotel shut down, staff are getting ready to re-open it Monday.
John Cudmore, the hotel’s general manager, said the staff are working on gradually opening up the entire hotel after it was closed for so long.
“It’s nice to be back,” he said.
The Holman Grand closed in early November as its then owner Homburg Invest Inc. went through restructuring under creditor protection. It later changed owners when Homburg Invest Inc. transferred ownership to Dyne Holdings, which Richard Homburg and Homburg International bought last week.
Cudmore said the hotel would employ about 20 full-time and 10 part-time staff who were undergoing training Friday to be ready for Monday’s opening.
Although Homburg International owns and is re-opening the hotel, the provincial government is still owed about $16 million for a loan issued for the construction.
The hotel cost $22 million to build.
On Thursday, a provincial government representative attended a creditors meeting in Montreal where a proposed restructuring plan was approved.
That plan involves creditors getting either a cash settlement or a combination of cash and shares in a new company that will be formed out of Homburg Invest’s assets.
A spokeswoman for the Innovation Department said the province hasn’t decided which option is the best because the exact values have yet to be determined.