Maui’s employment market received another blow Tuesday.
Owners of Makena Beach and Golf Resort, formerly known as Maui Prince Hotel, announced the property is shutting down, effective July 1.
The hotel will be converted into privately owned units, meaning about 350 workers will lose their jobs.
General manager Declan McCarthy says the focus in the coming months will be on the employees, many of whom have been with the hotel for 20-plus years.
The resort is working with other Maui hotels in hopes of finding new jobs for the displaced workers. Plans include a future job fair and support from county and state agencies.
As the new project develops into Makena Golf and Beach Club, McCarthy says workers may have the option to return.
“We’d be lucky to have many of these employees back working with us,” he said. “They have proven themselves and made their mark on Maui and we would be very fortunate to have these employees with us in the future.”
Meanwhile, Alexander and Baldwin is in the process of shutting down its sugar operations on the island, which will result in the loss of more than 600 jobs by the end of the year.