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Mermaid to shut

The move will give management a breathing space for renovations at the Warwick hotel.It is believed the closure will run from December 1 until February 10.

shutdown.

The move will give management a breathing space for renovations at the Warwick hotel.

It is believed the closure will run from December 1 until February 10.

Earlier this week it was revealed the sale of the property had already attracted a lot of interest.

Owner Mr. Brian Alkon denied falling revenues were behind the move.

"I'm just testing the waters to see if my property has the value that I think Bermudian property has.'' In June, the 87-room hotel was 91 percent occupied, followed by 67 percent in July.

As well as a 700-foot beach, the property has two restaurants, a pub, a beach bar and gift shop.