Over one hundred workers in the Costa Adeje hotels Ponderosa and Ocean Palace have lost their jobs as both hotels closed last week. Administrators were called in to the troubled chain earlier this year, but the doors have finally closed on these two known landmarks of the south Tenerife holiday landscape. The chain is part of the business umbrella which owns the Xibana Park and La Paz hotels in Puerto de la Cruz, both of which are also about to close as posted HERE a couple of days ago.
This latest announcement will seem to many a further nail in the coffin of Tenerife hotel holidays in the sub-5 star range. Workers’ despair is compounded by the fact that in both these southern hotels, they have not been paid for the last two months. El Dia