City cuts rents to help with Covid financial strain – The Royal Gazette | Bermuda News, Business, Sports, Events, & Community

Log In

Reset Password
BERMUDA | RSS PODCAST

City cuts rents to help with Covid financial strain

The City of Hamilton has reduced rents for parks as well as other venues to reduce the financial strains faced by residents, community groups, small businesses and local charities caused by Covid-19. (Photo by David Skinner)

Rental rates have been slashed by the City of Hamilton to help reduce the financial strains faced by residents, community groups, small businesses and local charities caused by Covid-19.

“Due to the limited capacity of social gatherings as per the Bermuda Government’s Covid-19 guidelines, clients are restricted from using the full capacity of our venues and thus this limits the number of attendees,” said the City’s director of marketing and communications Jessica Astwood.

“This directly impacts the number of tickets that can be sold and, in turn, the revenue needed by organisers to cover the event. We wanted to give back to the community and encourage whatever limited gatherings that are safe to take place.

“In the age of Covid-19, there is a demand for more open-air and drive-by events. For example, we have really seen an increase in clients who are looking to do full-scale productions outdoors in our parks, so we focused on reducing costs for those venues specifically.”

The City said hourly rental rates for Bermuda’s parks will be reduced by more than 50 per cent.

The rental rate for Bull’s Head Car Park will also be reduced, at a ‘per level’ rate, by 50 per cent. Additionally, the City has created a day permit rate for the venue to facilitate smaller events like exercise classes and drive-by functions.

The rental rates for the Earl Cameron Theatre will be reduced by 30 per cent for 2021 only.

The Pier 6 Waterfront Complex has also reduced its rates for both the upper and lower levels – the all-day standard rate for Pier 6, lower level, has gone from $2,900 to $1,800.

The new rates are effective immediately but the City of Hamilton said that when Bermuda’s post-Covid-19 economy is in recovery, they will be revisited.

You must be Registered or to post comment or to vote.

Published May 25, 2021 at 7:54 am (Updated May 25, 2021 at 7:54 am)

City cuts rents to help with Covid financial strain

What you
Need to
Know
1. For a smooth experience with our commenting system we recommend that you use Internet Explorer 10 or higher, Firefox or Chrome Browsers. Additionally please clear both your browser's cache and cookies - How do I clear my cache and cookies?
2. Please respect the use of this community forum and its users.
3. Any poster that insults, threatens or verbally abuses another member, uses defamatory language, or deliberately disrupts discussions will be banned.
4. Users who violate the Terms of Service or any commenting rules will be banned.
5. Please stay on topic. "Trolling" to incite emotional responses and disrupt conversations will be deleted.
6. To understand further what is and isn't allowed and the actions we may take, please read our Terms of Service
7. To report breaches of the Terms of Service use the flag icon