Change of plan: Lieutenant-Colonel David Burch, the Minister of Public Works, flanked by senior officials, at today’s press conference (Photograph by Blaire Simmons)
The Government has pulled out of a deal that would result in a boutique hotel run by the Hilton group, scheduled to open by next summer.
Instead, the 94 units of the Bermudiana Beach Resort will be put on the rental market once construction is complete at the end of this year.
At a press conference today, Lieutenant-Colonel David Burch, the Minister of Public Works, announced that the Government had decided to jettison the long-running project after a feasibility study conducted by accountancy firm Ernst & Young, which concluded that the hotel model was no longer…