Quintus resorts closes Minden office
The Minden headquarters of Quintus Resorts closed at 4 p.m. Thursday, according to the company’s co-president, Bob Sewell.
“We decided to de-centralize, since we have three resorts that are thousands of miles apart,” he said. “It didn’t make sense any more to have one central office. It was time to decentralize.”
The Minden office of Quintus Resorts – an offshoot of The Ridge Tahoe and Resorts West – had been open for two years after the company purchased Walley’s Hot Springs for $4.5 million in June 1998.
Quintus Resorts owns and operates two other vacation ownership timeshare resorts – Paradise Point Resort in Branson, Missouri and Hanalei Bay Resort in Kauai, Hawaii. The thousands of miles separating these three businesses made decentralization a more logical approach to managing Quintus Resorts, Sewell said.
The decentralization began in May, he said, with a 45-day notice to personnel in the Minden office at 1702 County Road that it would be closing. Employees were offered a minimum three months severance pay and those who agreed to stay on until Thursday to help close the office also received a bonus, Sewell said.
“Any time you have to do a layoff it’s not a good thing, but we attempted to make it as painless as possible,” he said. “We’ve added people – controllers, accounting staff, computer staff – at each of the resorts.”
Sewell said approximately 45 employees, mostly in accounting, computer and administrative positions, were affected by the decentralization. The rest of the Minden staff has moved to an office at David Walley’s Resort south of Genoa, where Quintus employs around 75 people, he said.
“Things are going very well at David Walley’s,” Sewell said. “We anticipate sellout of the first phase tower with 21 units some time around the first of the year and would like to begin the second phase – a larger tower of the same design with around 35 units – some time after the first of the year.”