Naples Grande Beach Resort to layoff 235 employees during renovation

The Naples Grande Beach Resort is laying off 235 employees in what its management company is calling a temporary job cut as the hotel closes for a major renovation.

Pyramid Naples Management announced the layoffs in a letter to the city’s mayor, Teresa Heitmann, dated Tuesday and posted to the state’s Worker Adjustment and Retraining Notification Act database Thursday afternoon.

The letter, sent to meet federal WARN requirements, says the 235 employees will be laid off within 10 days of April 3 and that the anticipation is that the layoffs will be temporary until the resort opens to the public.

The executive who signed the letter did not respond to an after-hours email asking if the affected employees would get severance and if the plan was to hire all current employees back.

The 474-room Naples Grande sits on 23 waterfront acres and has an 18-hole golf course, 15 tennis courts, three pools and 83,000 square feet of venue space.

It was bought in March 2022 by London-based private equity real estate management firm Henderson Park Capital Partners for $218.4 million.

(The golf course sold for $24.8 million and the tennis center old for $4.8 million.)

In November, the resort announced a major renovation was coming that necessitated it close from April 1 through Dec. 31.

Plans, according to a November statement, call for “a comprehensive renovation that will transform every aspect of the popular destination.”

The planned work will include redesigning guest rooms and suites and expanding dining options as well as upgrades to the lobby, spa, event spaces and pool areas.

During the renovation, Rhode's End restaurant, Clam Pass beach services and select villas will remain open. The Naples Tennis Academy and Naples Grande Golf Club will continue to operate as well.