“Sad Day” as Bermuda’s Greatest Lodge Prepares for 18-month Closure
Photo via: gotobermuda.com

Hundreds of workers are facing redundancy immediately after the Fairmont Southampton, Bermuda’s premier resort, on Wednesday declared programs to shut till 2022 for renovations.

A memo despatched to the employees by the common supervisor, Kiaran MacDonald, mentioned the 18-month shut down for a facelift would imply 700 layoffs and trigger “significant hardship for many”.

“Although not wholly sudden, it nevertheless marks a incredibly sad day for all our colleagues, Fairmont Accommodations, and without a doubt Bermuda,” he wrote.

The South Shore hotel, challenging-hit by the coronavirus (COVID-19) disaster, is to get a US$100 million refurbishment, with a projected reopening in April 2022.

The ruling Progressive Labour Get together, which is campaigning for the October 1 snap common election, has given a motivation to guide in the redevelopment of the Fairmont Southampton, the island’s major lodge, a 593-area residence, which opened in 1972.

The lodge was marketed previous December to a Miami-primarily based financial commitment and advancement business for an undisclosed rate.

Karim Alibhai, the founder of financial commitment agency Gencom, stated at the time he prepared an bold programme of renovations at the resort which overlooks the south shore.

Gencom stated it planned to leave the Fairmont Southampton, which is located on approximately 100 acres with an 18-gap par-3 golfing study course, under the brand name and management of Fairmont Resorts and Resorts. It was Gencom’s 2nd expenditure in Bermuda.

Two years ago it purchased Bermuda’s Rosewood Tucker’s Place Lodge and moved it out of receivership.

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