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A Hard Rock Park investor is out millions

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An investor of Hard Rock Park in Myrtle Beach has written off a ten million dollar investment.

That according to Jim Olecki of Weber Shandwick, a New York Public Relations firm that represents Hard Rock. Olecki says the investor is an Israeli company.

News13 asked Olecki about other current or potential investors. Olecki said he could not comment. As for the park's future, Olecki said, “This is our first year, so we’re seeing how things go. We’ll make adjustments for the demand we’re seeing at the gate. This is our first September. We’ve already reduced the schedule. I think the layoffs that have occurred have been the result of this seasonal business. You don’t’ need to carry the count in the winter that you need in the summer. It’s always an unfortunate thing, but it’s the nature of the business.”

When asked about the park possibly closing, Olecki said, “I can’t say one way or another.”

In early August, when the park laid off employees, News13 also spoke with Olecki. News13 asked Olecki then if there were plans to close Hard Rock or sell it. His answer then was "No."

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