Andalusian Resorts and Spas, Inc. Endorses Protest to Pressure the Government of Brunei to Divest the Beverly Hills Hotel
May 07 2014 - 4:59PM
Business Wire
Andalusian Resorts and Spas, Inc. (the "Company") (symbol:
ARSP.PK), announced today that it has endorsed Tuesday’s May 6th
vote by The City of Beverly Hills to pressure the government of
Brunei to divest from the Beverly Hills Hotel after Brunei's
enactment of Sharia law. The Company is against human rights
violations in all countries, not just Brunei. It asks the
government of Brunei to divest ownership of hotels and any other
properties, and condemns it and other countries that operate under
Islamic criminal law against the LGBT global community.
Andalusian would be delighted to begin negotiations to acquire
any Hotel property that is prepared to divest ownership and is
prepared to take care of the properties’ families as well. Last
week, Brunei, led by Sultan Haji Hassanal Bolkiah, became the first
East Asian country to adopt Islamic criminal law. Brunei will
punish offenses like sodomy and adultery with the death penalty,
including by stoning. The laws will be introduced in phases in
Brunei with the harshest penalties going into effect in two years.
Organizations have canceled events at the Beverly Hills Hotel,
including the Motion Picture & Television Fund's annual "Night
Before the Oscars" charity event and the Feminist Majority
Foundation's annual Global Women's Rights Awards.
Bernard Fried, President of Andalusian Resorts and Spas stated,
“the Company is proud to endorse these divestitures and supports
the Gay rights advocacy group Human Rights Campaign which called on
the Beverly Hills Hotel's owner to stop promoting special services
at the hotel for same-sex weddings which are now legal in
California since profits from LGBT weddings shouldn’t be going to
Hotel owners that may start executing its LGBT patrons.
Andalusian’s growth strategy may grow more rapidly from
opportunistic real-estate transactions such as these divestitures
further confirming our direction for the Company.”
Andalusian also wants to address that this is a very exciting
time for the Company and thanks our shareholders for their
continued support as Andalusian grows its business. Our pledge is
to continue to inform the shareholders on the status of the
projects and continue to move the Company forward and implement
Andalusian’s Business Plan to provide increased shareholder
value.
About Andalusian Resorts and
Spas – http://www.arsproud.comThe Company
plans to own and operate an international premiere luxury boutique
hotel and resort chain catering to the LGBT community, where
exceptional care, attention to detail, and the comfort of its
guests are its ultimate mission. Each of its premier, full-service
locations will strive to maintain a 4 or 5 star rating. Andalusian
has committed to fund and endow a charitable foundation with a
portion of its revenues, whose purpose is to, among other things,
foster education and awareness regarding the worldwide LGBT
community. “LET’s OPEN THIS DOOR TOGETHER” - “WE ARE A STRAIGHT
FRIENDLY COMPANY.”
Forward-Looking Statements - This press release may contain
certain forward-looking statements within the meaning of Section
27A of the Securities and Exchange Act of 1933, as amended, and
Section 21E of the Securities and Exchange Act of 1934, as amended,
and such Forward Looking Statements are intended to be covered by
the safe harbors created thereby. Investors are cautioned that all
forward-looking statements involve risks and uncertainties. All
statements other than statements of historical fact in this
announcement are forward-looking statements, including but not
limited to the viability of the company's business plans, the
effect of acquisitions on our profitability, the effectiveness,
profitability, and the marketability of the Company's products; the
Company's ability to protect its proprietary information; general
economic and business conditions; the volatility of the company's
operating results and financial condition; and other risks detailed
in the Company's filings with the Securities and Exchange
Commission. These forward-looking statements involve known and
unknown risks and uncertainties and are based on current
expectations, assumptions, estimates and projections about the
company and the industry. The Company undertakes no obligation to
update forward-looking statements to reflect subsequent occurring
events or circumstances, or to changes in its expectations, except
as may be required by law. Although the company believes that the
expectations expressed in these forward-looking statements are
reasonable, management cannot assure the public that their
expectations will turn out to be correct, and investors are
cautioned that actual results may differ materially from the
anticipated results.
Andalusian Resorts and Spas, Inc.Bernard A. Fried,
702-522-8846Investor Relations
Contactbfried@andalusianresorts.com