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By Keith Archibald Forbes (see About Us) exclusively for Bermuda Online
Locations of hotels
Large (resort) hotels of the type shown below have business and incentive meetings all year. Usually, they have their own private beach, gardens and pools, other luxury facilities, sports, shops, beauty salon, cycle livery, bars, restaurants, nightclub. Most have lower rates from November to March, the off season. Some are on or close to Bermuda's public sector bus or ferry routes. Places to stay have been inspected and licensed, but not graded, by the Bermuda Tourism Authority, the new Bermuda licensing and regulatory tourism agency, for accommodation, facilities and services. Most have lower rates during November to March.
Bermuda's official currency. The Bermuda Dollar is fixed to the US Dollar. Thus the US dollar is accepted everywhere at par. British Pounds sterling, Canadian dollars, Euros and other currencies should not be brought as they cannot be used. Most major international credit cards will be accepted from visitors, but overseas debit cards, even in the USA, cannot be used in Bermuda. Most if not all Bermuda places to stay, stores and restaurants will no longer accept traveler's checks, so they should not be bought for your Bermuda visit.
Bermuda Online (BOL) at http://www.bermuda-online.org will provide a free courtesy web link to websites of Bermuda properties and show their property's email address in addition, when those properties reciprocate the link to our website. Internet-reliant guests should check if prices include free or paid-for WIFI or wired ADSL (Broadband) available for their guests.
When space is available for the disabled - accompanied if in a wheelchair - this symbol indicates this. Always confirm this with the proprietor and note that properties in Bermuda do not conform to specific USA ADA disability standards. When a property does not state on its website it is disability-friendly by ADA or other recognized international disability standards, and also does not have either ground floor access disabled rooms and/or elevators to all floors, disabled or mobility impaired potential guests should go elsewhere.
2016. June 13. A total of $11.8 million in concessions for the Elbow Beach Hotel were approved to support a $38 million redevelopment, including the reopening of the main hotel building. Regarding Elbow Beach, Junior Tourism Minister Mr Kenneth Bascome said that the hotel owner had lost millions of dollars in the resort over the years and had considered closing the site. However, with the concessions, the hotel owner seeks to invest more than $38 million in the site, opening 68 luxury suites inside the main hotel building along with reopening the hotel lobby and main hotel restaurant. The project would also include refurbishing the 102 existing rooms on the property. Mr Bascome said that the suites would be created by bringing together and refurbishing guest rooms in the hotel building, which was closed in 2010. Work is hoped to be completed before next June when the America’s Cup takes place on the island. In addition to construction and design jobs associated with the redevelopment project, he said the renovations would create 30 hotel jobs for Bermudians.
Prince and the Premier, March 1, 2015
Over 300 rooms, suites and cottages. It is a luxury four-star/diamond resort hotel and and cottage
colony (Fritholme Gardens), combined. Sixty percent of hotel guests are in
conventions, most of which are organized by US-based corporations, with all
convention expenses paid for by US taxpayers. It is on 50 lush acres of its own botanical gardens and
own private beach. For other beaches, see beaches.
It offers both a full-service hotel
and selection of garden cottages, executive villas and condominiums. All
hotel units have 53-channel television. For tennis, there are 5 newly resurfaced
plexi-pave courts, 3 lit for night play. There is also the Deep night club. Near the 7 bus route. The hotel is 5 minutes by taxi from the
City of Hamilton.
It offers both a full-service hotel and selection of garden cottages, executive villas and condominiums. All hotel units have 53-channel television. For tennis, there are 5 newly resurfaced plexi-pave courts, 3 lit for night play. There is also the Deep night club. Near the 7 bus route. The hotel is 5 minutes by taxi from the City of Hamilton.
The hotel first opened in 1908 as the South Shore Hotel. In May 2013 the hotel celebrated its 105th anniversary as the second oldest hotel in Bermuda, and the first to be built on the South Shore. Until early 2014, the resort was part of Mandarin Oriental’s portfolio of luxurious properties, managed by the Mandarin Oriental Hotel Group, which is registered in Bermuda and part of the Jardine Matheson Group - but with most of its operations in China (and its administrative territory Hong Kong), Singapore and elsewhere in Asia. From spring 2014, the management contract with the Mandarin Oriental Hotel Group ceased. From spring 2014 the hotel reopened as an independently managed property under the direction of the Burns Group, led by veteran hotelier Edmund Burns, who has more than 30 years’ experience in the industry.
76 Pitt's Bay Road, Pembroke, Hamilton, Bermuda HM 08. Phone (441) 295-3000. Fax (441) 295-1914. Toll Free in USA (866) 540-4447. Mailing address P. O Box HM 837, Hamilton HM CX, Bermuda. Sometimes referred to as the Pembroke Princess. Owned by the Green family of Bermuda (see below). Managed by Fairmont Hotels & Resorts (a previous owner of the hotel). On the waterfront of Pembroke Parish. On the outskirts of the City of Hamilton. 410 rooms, licensed for 1000 guests. It is also the most important convention centre near Bermuda's capital city. Sixty percent of hotel guests are in conventions, most of which are organized by US-based corporations, with all convention expenses paid for by US taxpayers. This historic hotel is the oldest in Bermuda, a landmark.
2016. June 30. The Hamilton Princess has completed its $100 million renovation project, including a new spa set to open on July 5. Allan Federer, general manager at the hotel, said: “It looks like a completely new hotel compared to three years ago. The vision always has been to take full advantage of where we are located, next to the beautiful harbour, and to create a luxury destination that will compete with many leading resorts around the globe. To that end, the renovations have been a great success. We are proud of our new modern look and outstanding facilities. As the official hotel sponsor of the America’s Cup, we know that the coming year will be an important time for Bermuda tourism and we look forward to welcoming business and leisure travelers as well as the community to enjoy their time here.” The final stage of the renovations includes the new Exhale spa, which will feature nine treatment rooms and offer massages, facials, manicures and pedicures when it opens next month. The project also shows a new, brighter retail corridor with upscale shopping options including FH Boutique and RESORT Boutique, Astwood Dickinson, the official America’s Cup store and the Sunglass Shop. Meanwhile, a new balcony has been installed for the Trudeau Ballroom, offering those who rent the space a 2,000 square foot outdoor terrace, and 11 suites in the Fairmont Gold wing have been renovated to include balconies overlooking the harbour. Previous stages of the three-year project have included renovated rooms, a new marina, two additional restaurants, new pool facilities and a collection of art, including works by Andy Warhol, Banksy and Damien Hurst. Mr Federer said that the guests had been excited by the new facilities, saying that the new guest rooms were long overdue. “We are getting happy feedback,” he said, adding that the hotel is hoping to attract a new generation of return visitors. Michael Fahy, the Minister of Tourism, Transport and Municipalities, praised the Green family, who own the hotel, for their commitment to the project and the island, noting that the work was announced before Bermuda secured the America’s Cup. “All you need to do is look around the fantastic facilities to see that their vision has become a success,” he said. Asked about the recent announcement that the hotel had been named a “designated site” for potential casino development, Mr Federer said he looked forward to working with the Bermuda Casino Gaming Commission on the next steps. Sen Fahy, meanwhile, added that new legislation would be introduced to create a “prospective licence” system to assist hoteliers with integrated casino projects. “That is coming and no doubt that will assist the Hamilton Princess and others as they proceed,” he said.
2016. June 28. The Hamilton Princess will be eligible to apply for a casino licences after being named a designated site. .
The hotel overlooks picturesque Hamilton Harbor, has extensive uninterrupted views of it, with nice gardens. It is about a $45 dollar each way 30 minute drive from Bermuda's airport. It is an eight minute walk from the City of Hamilton and the ferry terminal. It is not served by buses. Nearest beaches are Clarence Cove and Deep Bay, both - like this hotel - in Pembroke Parish. These beaches are on the North Shore. From 2016 this resort hotel has its own private beach, the Princess Beach Club. Completed in 2016 for the Hamilton Princess Hotel and its guests on site of the old Sonesta Beach Hotel and served by a shuttle bus. The private beach belonging to the club recently saw coconut palm trees planted there.
It first opened on January 1,1885, following the success of the Hamilton Hotel (destroyed by fire in the 1950s), Bermuda's first big hotel. It began Bermuda life as the Pembroke Hotel. Harley Trott, a leading businessman of the time, saw opportunity and had the new hotel built to provide a winter haven. The hotel opened two years after Her Royal Highness Princess Louise Caroline Alberta, Duchess of Argyle, http://en.wikipedia.org/wiki/Princess_Louise,_Duchess_of_Argyll, fourth daughter of Queen Victoria, visited Bermuda and called it "a place of eternal spring." Married in 1871, her husband was the Marquis of Lorne from Scotland who later became the 9th Duke of Argyle. The hotel was-re named “The Princess” in her honour. She became a frequent visitor in the 1880s, to escape the cold of Canada where her husband was the Governor General. She was Bermuda's first official tourist of Royal blood and an accomplished artist in water colors and oils. Because of her appreciation of the military, the Guard of Honor it provided for her wedding and the artwork she did for it, one of Scotland's most famous British Army units to serve in Bermuda, The Argyllshire Regiment, was renamed to honor her. It carried her insignia for many years in its own - and served in Bermuda for two years under the name in the late 1920s - before it became The Argyllshire Highlanders.
The hotel quickly became a beacon to travelers and saw Bermuda go from a winter destination for wealthy New Yorkers who arrived by steamship to a spring break capital for east coast college students to a destination for discerning travelers looking for something different from what other Islands offer. Later, the hotel had many connections with Mark Twain, a frequent visitor there and who made a point of getting all his friends from the USA to stay there if he could not put them up himself in his Bermuda home. From the day it opened, hotel became part of the fabric of the Bermuda community. It was when Bermuda's nascent tourism season was winter, when guests arrived by steamship from New York and stayed on the island for months, when horses and buggies transported passengers along dusty roads. Over the years it had its fair share of celebrities, including Mark Twain who was known to recite poetry while smoking a cigar on the veranda. The hotel has played a leading role in both Bermuda tourism and the Bermuda economy.
It became affectionately known as “The Pink Palace” because of its architecture. The original hotel was an all wooden structure. One of the original focal points was a beautiful sweeping veranda that came right up to the harbour. Patrons loved to sun themselves on lounge chairs on this veranda, wrapped in their fur coats, as it was a winter destination. Afternoon tea was also served on the veranda and the ladies would appear in their best dresses. Over the ensuing years it had some very distinguished patrons including author Mark Twain whose bronze statue now sits in the lobby, and Frances Hodgson Burnett author of ‘The Secret Garden’, and much later, Robert Kennedy and singer Michael Jackson. Many guests houses also sprang up in Hamilton and elsewhere. Bermuda's winter tourism trade began to create its own special niche, the envy of many other small Atlantic and Caribbean islands. A Canadian organization owns her art in Canada and lent them to Bermuda for a 1998 exhibition.
Most visitors do not know that this hotel was the international headquarters during World War II for a considerable number of male and female British censors who invariably paid very considerable attention to and often impounded mail going between Germany and the United States. They acted in complete accord with the FBI and other organizations on the mainland. Sadly, their quarters at this hotel have been shuttered up. (They could be made into a unique attraction for visitors and residents). The hotel played an integral role in World War Two as a covert agent for the Allied Forces fighting against tyranny and oppression on the war's many fronts. It denied the Germans both knowledge and information. Charged with "defensive" censorship, 880 "examiners" - mostly British but with American personnel too - read commercial and personal mail, packages and pouches that were sent across the Atlantic to and from Europe and Nazi Germany in order to delete any potentially harmful information.
British censors at work at the hotel until 1944
The operation was essentially the filter through which all correspondence in the Western hemisphere was inspected. To the average person during World War Two, censorship during times of war was a routine activity. It didn't generate much interest. And that's exactly how British Intelligence authorities wanted it to look because behind the walls of 13 rooms within the hotel, top secret sleuthing, a la James Bond, was taking place. Even the majority of the "examiners" didn't know what went on behind closed doors. Under the leadership of British Intelligence officer William Stephenson, a Canadian some say was one of the real-life inspirations for the literary and movie super-spy James Bond, the co-ordination of the secret "offensive" censorship took place in the 1940s. According to an article entitled The Princess Spies (it's possible, perhaps even likely, the Hamilton Princess Hotel has a copy, given its involvement. If so, it might be available there for inspection), written by CIA officer Thomas F. Troy, who died in 2008, espionage experts used technologically-advanced techniques to break into letters and packages in order to produce and plant "forgeries useful in propaganda and blackmail operations." The group of experts could obtain the contents of any package leaving no trace of their tampering. Using innovative techniques for the time they could even extract a letter from an envelope without cutting, steaming or replacing it with a forged replica. Their work proved to be so useful to the combined efforts of the war that Sir William called the censorship initiative "a political weapon of very special importance . . . credit to all concerned." The hotel has many other fascinating connections to the legacy of James Bond and to victory of the Allied Forces in World War two
Now owned by the Green family from Bermuda - father Peter and sons Andrew and Alexander - following their purchase of the hotel in 2012.
Green sons, hotel owners. Royal Gazette photo
The Green family have been in Bermuda for over 65 years, since Peter Green's late wife arrived in 1947 as the daughter of http://en.wikipedia.org/wiki/Sir_Harold_Paton_Mitchell,_1st_Baronet. The Green's have pledged to invest $50 million to enhance the property in order to further strengthen its position as one of the island’s greatest tourism assets. The renovation plans include building a marina, upgrading rooms, redeveloping the hotel’s public spaces including the pools, gardens and restaurant to increase the property’s leisure credentials, while maintaining its existing appeal to business travelers. The marina will accommodate super yachts, a waterfront restaurant, revamped swimming pools - and maybe even a casino one day. The Bermuda Government has granted the Greens $14.2 million in tax breaks related to the facelift. Most is spent on marketing the redeveloped hotel, while the remainder is slated for training Bermudians and local entertainment. Besides building a state-of-the-art marina and restaurant, the developers plan a new pool area and landscaping, and the refurbishment of 69 rooms and suites in the Poinciana wing. Work was completed by summer 2014. In July 2013 the Bermuda Government also approved the building of the new Fairmont Hamilton Princess Marina in Hamilton Harbour. The deal allows the foreshore to be leased for 120 years in 40-year increments. Government got an upfront payment of $500,000, followed by a rent of five percent of the marina’s annual income for the first five years — and 7.5 percent for the remainder of the lease. It covers 7.8 acres of the foreshore.
The Green family, via the company Hamilton Properties Ltd, also own Overbay and the Waterloo House development of luxury commercial and residential accommodations on Pitt’s Bay Road. The Green family has a history of owning hotels and for a seven-year period beginning in 2004 they had a 25 percent stake in the Maybourne Group, which owns The Berkeley, Claridge’s and The Connaught. Mr Green, the owner of Berco Limited, an investment company is a wealthy investor, born in Manchester, England. He is a Bermuda resident and long-time contributor to the UK’s Labour party. His wife, the late Mary-Jean Mitchell who died in 1990 of cancer was the only child of Sir Harold Michell, then one of the world’s wealthiest men, who arrived in Bermuda in 1947 with is wife Mary Pringle. He has a multimillion dollar home on Marshall’s Island and married again, as a widower. His father was an entrepreneur in textiles and grocery stores that later became Tesco. He purchased the Fairmont Hamilton Princess from GHI with his sons, Alexander and Andrew Green, who are Bermudian. The property will continue to be managed by Fairmont Hotels and there will be no changes of staff or operations as a result of the sale. More than 90 percent of the commercial space within the property has been rented out, some of it to companies that are new to Bermuda, and the residential penthouse apartments will be released onto the market.
The Green family now also own a further property, on its own 33-acre peninsula of picturesque landscaped grounds in Southampton Parish, with 13 acres along the South Shore. This prime South Shore property was the site of the former (a) Carlton Beach Hotel, then (b) Sonesta Beach Hotel, then (c) Wyndham Bermuda resort which had long been listed for sale. Their acquisition was announced on March 19, 2013. The family is now conducting a review of the property to determine the way forward. Buildings include two former hotel dormitories at 6 Sonesta Drive and 18 Sinky Bay Road. The Green family intend to consult with Government, Planning and relevant stakeholders as part of that process. Scout Real Estate, the US developer which bought the oceanfront spread in 2007, had planned to build a five-star resort there. But after demolishing the hotel, the plans were scrapped. Lehman Brothers, the US investment bank which filed for bankruptcy protection during the 2008 financial crisis, had been the main financier of the $200 million project. The property, now the Hamilton Princess Beach Club, has three private pink sand beaches tucked into natural attractive bays, Boat Bay, Cross Bay and Sinky Bay, and is overlooked by picturesque topography that slopes down toward the shoreline. The hotel site is unique in Bermuda, freehold without a requirement for a buyer to take on a long-term lease with the Government.
Former hotel site, Royal Gazette photos
101 South Shore Road, Southampton Parish SN 02. Or airmail at P. O. Box HM 1379, Hamilton HM FX, Bermuda. Owned until December 2015 by Fairmont Hotels and Resorts, thereafter by French-owned Accor Hotels, largest hotel group in Europe. Bermuda's biggest hotel, also a major convention center. 593 rooms and suites. Toll free at (866) 540-4497 or (441) 238-8000 directly. Fax (441) 238-8968. 593 rooms, 1500 guests. On the second highest point of Bermuda. On a 100-acre estate facing the South Shore ocean and Great Sound on the north side, with spa, pool and beach area, lush gardens, its own golf course, convention and meeting facilities, a variety of restaurants. Sixty percent of hotel guests are in conventions, most of which are organized by US-based corporations, with all convention expenses paid for by US taxpayers. The hotel was the brainchild of American businessman and shipping magnate Daniel K. Ludwig, the first owner, who also owned its sister property, the Princess Hotel in Hamilton. Canadian Pacific Hotels bought both properties in 1998 and took over Fairmont Hotels and Resorts the following year. The hotels were then renamed the Fairmont Southampton and the Fairmont Hamilton Princess (since sold to a Bermudian family). In 1972-74, when this hotel was built, almost 100% of the construction materials came from Canada. Nearest beach is the one belonging to this hotel, reachable by the hotel's beach shuttle. For other beaches, see beaches. Past guests have included the Saudi royal family's stay in the late 1970s; Bill Cosby and his wife; US presidents, including George Bush senior; Tony and Cherie Blair; The Queen and Prince Philip attended functions here (though they always stayed at Government House).
2016. October 20. Guests eating three three-course meals at the Fairmont Southampton will be rewarded with a free night’s stay at the hotel. The “3-3-1 Challenge” runs from now until December 15. Diners can choose between steakhouse Waterlot Inn, the Newport gastro pub, Italian eatery Bacci and the casual Jasmine Lounge. A minimum of two adults is required per restaurant visit, and the free night’s stay is redeemable from January 2 to March 31 next year. For further details and bookings, visit the Fairmont Southampton website or call 238-8000.
North Shore Road, Hamilton Parish. Phone (441) 293-8333. Fax (441) 293 2306.Reservations 1 (800) 582 3190 in the USA or 1 (800) 463 0851 in Canada. 201 rooms, for 500 guests. The hotel is on Castle Harbor and the North Shore ocean. Nearest hotel to the Bermuda International Airport - about one mile away. On 1, 3, 10 and 11 bus routes. On 21 acres of landscaped ocean-front grounds. They feature hibiscus, oleander and bougainvillea gardens. With several man-made beaches (for other beaches, see beaches), 4 plexi-paved cork-based tennis courts and exercise room, two historic underground caves for exploration and swimming. With several restaurants.
Advertised in March 2015 as For Sale
60 Tucker's Point Drive, Hamilton Parish HS 02. Phone (441) 298-4000. Email Tuckerspoint@rosewoodhotels.com. Mailing address P. O. Box HS 85, Harrington Sound, Hamilton Parish, HS BX, Bermuda. 88 rooms. So-called because it is professionally managed (but not owned) by the Rosewood corporation of Texas. Overlooking Castle Harbour. Newest hotel in Bermuda. In March 2015 Bermudian Paul Telford was appointed managing director. Rosewood President Radha Arora said: “Paul has done an outstanding job during his seven-year tenure at Rosewood Tucker’s Point. We are extremely proud of his success and strongly believe that his passion for his native Bermuda will inspire our associates and delight our guests.” Sixty percent of hotel guests are in conventions, most of which are organized by US-based corporations, with all convention expenses paid for by US taxpayers. Opened April 17, 2009 by Bermuda residents and film stars Michael Douglas and his wife Catherine Zeta-Jones, with then-Premier Ewart Brown, as the first new hotel to be constructed in Bermuda for 37 years.
On 200 acres of waterfront. It is in the exclusive and private residential area of Bermuda known as Tucker's Town. Interestingly, while the hotel itself and its units are solely in Hamilton Parish, the Rosewood Tucker's Point Beach Club - see in Beaches - is in the St. George's Parish part of Tucker's Town, about a mile away. A resurrection, reconstruction and reconstitution of the Castle Harbour Hotel, which opened in 1931 and closed in 1999, under a new name after the latter's demolition. The Castle Harbour Hotel was a landmark first planned by the British Furness Withy shipping organization in 1923 and first opened on November 1, 1932. Furness Withy built both the original Castle Harbour Hotel and the Mid Ocean Club. After World War 2 Furness Withy of the UK lost interest. The property and extensive land were bought by Bermuda-based Bermuda Properties Ltd (BPL), originally headed and owned by Juan Trippe. He was the founder of the original Pan American World Airways. It was a direct result of his interest in Bermuda after Pan American flew between Bermuda and New York from 1937. His son, Ed Trippe, now has control.
The new (since 2009) $350 million, 200-acre development seen in the photograph above includes a residence club, estate and town homes, villas. The boutique hotel, designed to five-star standards, also offers a conference venue for Bermuda's established international business community. The centre piece is the Manor House, perched above Castle Harbour. Each of its rooms is decorated in a classic British style of artwork and furnishings, while the bathrooms feature deep soaking tubs, as well as expansive balconies and terraces with water views. The suites come complete with bars with ice makers and fireplaces, while the rooms are fitted with Wi-fi, VOIP telephony and IP-TV. The Palm Court, which is lined with palm trees, leads from a croquet lawn to a horizon pool overlooking a lush grotto and Harrington Sound. The spa has 10 tranquil treatment rooms and a Silver Tag hydrotherapy suite, with the women's salon offering manicure, pedicure and styling. There is also a barber shop. The 1,900 square-foot fitness centre is fitted with aerobic and cardiovascular equipment, in addition to weights, offers private wellness and conditioning instruction, while the dive and watersports centre provides dive adventures aboard the 31-foot Tidal Pull exploring shipwrecks and underwater caves. Diners have the Point Restaurant, accessed via an English long bar facing Palm Court. Point Terrace and the wine room, with its barrel-vaulted ceiling and selection of new and old world wines, provides a more private experience, along with al-fresco dining poolside at the Mahogany Terrace. The conference facility comprises computers, translation, IT support and secretarial services, in addition to satellite conferencing and a projection screen. There are two swimming pools, a golf course, beach and tennis club and more.
Guest rooms range in size from 530 to 1,200 square feet with luxury bathrooms and terraces with views of Castle Harbour and Harrington Sound. Rooms feature luxury bathrooms and terraces with views of Castle Harbour and Harrington Sound. Each room has a spacious balcony with a view of Castle Harbour, a flat screen panel TV, Wi-fi, fireplace, wet bar and walk in closets. They also have a luxury five-fixture bathroom with a stand alone deep bathtub. The rooms also come with amenities such as portable phones and I-pod/Mp3 docks and 24-hour room service.
A list of shareholders of Bermuda Properties Ltd (BPL) and its subsidiary Castle Harbour Limited (CHL) shows most of both companies’ shareholders were then (and now) non-Bermudian. Major shareholders of BPL include Morgan Guaranty Trust Company, of Ohio; Charles Trippe of Massachusetts; Edward Trippe of Connecticut; and Basic, Inc of Virginia.
2016. November 17. Alessandro Colantonio, vice-president of acquisitions for GenCom, revealed the asset management firm was just “days or weeks” away from a formal announcement on closing the acquisition of Tucker’s Point. He also outlined plans to upgrade the hotel for the America’s Cup as well as an extensive renovation project for the end of 2017 and 2018. “We will be revisiting all aspects of the resort; rooms, public spaces, food and beverages, new concepts and adding one of two new venues,” Mr Colantonio said. “We will also be looking at low-density development.”
2016. May 26. Draft hotel concessions for the Tucker’s Point Hotel and Resort were approved in the Senate yesterday. The Bill aims to improve the tourism product at the hotel while providing opportunities for Bermudian workers. Michael Fahy, the new Minister of Tourism, Transport and Municipalities, outlined a number of construction and renovation projects lined up for the resort. These include a $6 million renovation at The Point restaurant and enhancements to the pool, beach club and marina. He said the $15.8 million concessions over five years were necessary to sustain Bermuda’s tourism product while “preparing the asset for long-term success”. Independent senator Joan Dillas Wright said she welcomed the move but hoped that the Bermuda Government would follow through with its commitment to train and hire Bermudians. One Bermuda Alliance senator Georgia Marshall replied: “The OBA has been committed since day dot to improving work for Bermudians. “It is up to Bermudians who are qualified to make the applications. Be proactive. There are jobs available.
2016. January 7. The search for a new owner for Rosewood Tucker’s Point is continuing, but managing director Paul Telford remains upbeat about business at the resort. While what happens next will be up to the eventual owners, Mr Telford said there is still room for growth at the Hamilton Parish site. “We have been open for almost seven years, and what we have noticed is that there’s a lot of business with families,” he said. “We’re seeing the grandparents coming in with the kids and the grandkids, and we have tried to build on that. We have a number of suites — we have 20 suites in total — and we can make up one-bedroom suites and two-bedroom suites. Certainly in July and August we sell a lot of that. Really, what we’re doing here at Rosewood Tucker’s Point is trying to build the group base — group business is the base that most of the hotels on the Island need to build on — and then fill in with transient visitors on top of that. We are trying to build the social aspect as well with birthday parties, families, destination weddings, that sort of stuff, but we are seeing growth in that business, that family business.” Asked about recent planning applications, which proposed the addition of further convention facilities, he said: “The plans that were put in were more about the things that a new owner could potentially do. I don’t know that it will necessarily happen. It is certainly a possibility, but the resort hasn’t sold. If we had a little bit more function space or meeting space that we could use to cater to groups, we could cater to multiple groups at one time in the hotel. In the long-term, once you are able to have that ability to cater to groups, then you can increase the room inventory and you are able to take more group business. We have a pretty good infrastructure here. Our kitchens are big and we have our own laundry which can support the whole resort and then some. We have the beach club and the golf club, so we have a good base, core infrastructure on which to build. That’s why we want to start off by building that shoulder period and groups and maybe looking at getting more function space. Then might come the moment when we think we might need to add more rooms. That’s the long-term, but we have to get through receivership and the sale first. Hopefully a new owner will subscribe to that long-term strategy and put some funds towards it.” Mr Telford also said that the subject of seeking a casino on the property would be up to the eventual purchaser of the resort. While he emphasized that casinos would not be a cure-all for the tourism industry, he said it could be a positive element, providing visitors with something else to do on the Island. He said the America’s Cup in 2017 should also give the industry a needed boost, saying that the World Series event last October had helped visitor numbers. “We did get a boost from it, so it did contribute,” he said. “We were advised by the America’s Cup Event Authority that typically with the series races that we would not see as much of a blip on occupancy as we will see for the finals. Obviously they are not as big a draw, but we did see a boost. That bodes well for America’s Cup. If we can expect to see some busy days with the America’s Cup, that’s great. We are looking forward to it.” Asked if he was concerned by the distance between the resort and Dockyard, where the bulk of America’s Cup activities will take place, he replied that the issue could be rectified. “It’s a long distance by land, it’s not by water,” he said. “You could get someone from here or Flatts Village to there in 15, 20 minutes. It’s a challenge that I think Bermudians can resolve. I think it would be huge to make that kind of connection, and if we can it would be great.”
2015. February 13. The Tucker’s Point Hotel and Resort is up for sale. After being in receivership for some 16 months, the East End property is being marketed to potential buyers by international agency Jones Lang LaSalle and by Rego Sotheby’s International Realty in Bermuda. The resort employs between 200 and 300 people — depending on the season — and receivers Ernst & Young (EY) Bermuda say they are “seeking suitable investors to ensure the long-term success and sustainability” of the property. EY partner Roy Bailey, who is overseeing the receivership, said the decision to actively market the property was due to the business being in better shape and prevailing market conditions. He told The Royal Gazette that the claims against resort owners Bermuda Properties Ltd (BPL) by the secured creditors — HSBC, Argus and BF&M — totaled around $150 million, plus interest on the loans for the receivership period. Only sale proceeds over and above their claims will be available for unsecured creditors. The property comprises the 88-room hotel with golf course, 50 unsold fractional ownership units — seven of those units are contracted but sales not completed — and undeveloped land, which has potential for building more units, planners permitting. The receivers have not attached an asking price to the property but expect “a competitive, open-market process”. Mr Bailey said it was in the interest of all interested parties — creditors, employees, Government and the people of Bermuda — that the hotel was “sustainable and successful in future years”. This partly depended on the buyer understanding Bermuda and its tourism being more seasonal than that of Caribbean islands, Mr Bailey said. “We wanted this to be a resort that pays its own way,” Mr Bailey said. “It’s been a 16-month period of receivership and we believe we have improved the resort. The membership numbers have increased 15 per cent in that time.” Without providing figures, he said the performance of the resort had been flat last year compared to the year before. But he added that this was viewed as positive, given the unusually wet August and two hurricanes in October, which had caused bookings to be cancelled and stays to be cut short. Mr Bailey added that the decision to sell now was also driven by improving market conditions for resort investment, particularly with last December’s announcement that Bermuda will host the 2017 America’s Cup. “We do recognize that an investor coming in will want the resort to leverage the opportunity of this major event,” Mr Bailey said. Delaying the sale until 2016 would have cut across the period of opportunity with America’s Cup-related activities starting this year in the run-up to the big event. “Decisions are being taken now and requests for block bookings for two years’ time are already being made,” he added. The resort, managed by Rosewood, opened in 2009, just as the Island and its main tourist market, the US, lurched into an economic slump. This newspaper revealed that BPL lost more than $1 million per month from the start of 2009 through the end of August 2010. In 2011, the company fought a heated public battle for a special development order (SDO) to expand and build dozens more luxury homes on the property that it said would be sold to help repay its debts. Mr Bailey said the actual number of units that a new owner could build on the undeveloped area of the property depended partly on the result of environmental impact surveys and then the plans would have to go through the normal planning process. Jones Lang LaSalle is marketing Tucker’s Point globally and the receivers expect no shortage of bidders. Mr Bailey said the buyer was likely to fit one of four descriptions: financial, private equity, brand hotel name or wealthy individual. “Because it’s Bermuda and it’s a unique resort and a unique opportunity, I think there’s a fair chance that it could be a high net worth individual buyer,” Mr Bailey said. Mr Bailey expected the sale would take about nine months to realize, unless an appropriate buyer emerges quickly with an attractive offer and a shorter timeline.
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January 5, 2017.
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