What's Happening?
Club Wyndham, a 32-story timeshare resort in Atlantic City, New Jersey, is set to close permanently on New Year's Eve 2025. This closure will result in the loss of jobs for 116 employees just days after Christmas. The decision to shut down the resort marks a significant change for the local hospitality industry and the community.
Why It's Important?
The closure of Club Wyndham will have a substantial impact on the local economy and workforce. The loss of 116 jobs will affect families and individuals who rely on the resort for employment. Additionally, the closure may influence the hospitality sector in Atlantic City, potentially leading to decreased tourism and business activity in the area. The decision underscores challenges faced by the industry, including economic pressures and changing market dynamics.