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The Budget will put the Government on track for a current account surplus of $50 million by 2026, the Premier promised. Mr Burt, also the finance minister, said that Government had at first planned to limit current account expenditure for the next ye...

Workers at the Fairmont Southampton will get increased wages because of a new collective bargaining agreement highlighted in the Budget statement. But the hotel may initiate layoffs if occupancy falls below 85 per cent compared with the 75 per cent t...

The Premier has denied that Curtis Dickinson’s shock resignation as finance minister was due to a bust-up over Government support for the $200 million Fairmont Southampton hotel redevelopment. David Burt said: “I don’t believe that is accurate to say...

A 15-month schedule to renovate Bermuda’s biggest resort is “fairly tight, but that doesn’t mean you can’t do it”, a construction expert said of plans to reopen the Fairmont Southampton Hotel by the summer of 2023. Construction heads shared their vie...

Details of any financial support the Government might give to aid the redevelopment of the Fairmont Southampton Hotel were demanded by the Opposition yesterday. The One Bermuda Alliance said it also wanted a time frame for how long public involvement...

Premier says hotel to get $200m upgrade and to be open in spring 2023

The Cabinet Office has refused to release records of correspondence to and from the Premier about the investment firm Gencom. Major Marc Telemaque, the Secretary to the Cabinet, found that the documents were exempt from disclosure under the Public Ac...

The owners of the island’s biggest hotel were this week locked in talks with the Government in a bid to get the Fairmont Southampton up and running again. David Burt, the Premier, told news site TNN that getting financing in place for a major renovat...

JetBlue’s decision to downgrade its service to Bermuda came as no surprise, two air industry executives said yesterday. Aaron Adderley, the president of airport operators Skyport, also highlighted the island’s strict travel restrictions to combat Cov...

The Cabinet Office has been told to respond to a request for a review of records released about correspondence between the Premier and investment firm Gencom. Gitanjali Gutierrez, the Information Commissioner, ordered the Government department to mak...

The owners of the Fairmont Southampton will not have the redevelopment of the resort underwritten by the Government, the finance minister has said. Curtis Dickinson emphasised that no government could be expected to take on the risks of private devel...

Blue chip names are prepared to invest in the redevelopment of the island’s biggest hotel, the finance minister said today. Curtis Dickinson said Gencom, the US-based owners of the Fairmont Southampton Hotel, had met Government representatives last m...