Hundreds of staff are facing redundancy soon after the Fairmont Southampton, Bermuda’s greatest hotel, on Wednesday introduced programs to shut right until 2022 for renovations.
A memo despatched to the employees by the standard supervisor, Kiaran MacDonald, explained the 18-thirty day period shut down for a facelift would mean 700 layoffs and bring about “significant hardship for many”.
“Although not wholly unexpected, it nonetheless marks a really sad working day for all our colleagues, Fairmont Lodges, and in fact Bermuda,” he wrote.
The South Shore resort, difficult-strike by the coronavirus (COVID-19) crisis, is to get a US$100 million refurbishment, with a projected reopening in April 2022.
The ruling Progressive Labour Party, which is campaigning for the Oct 1 snap normal election, has presented a dedication to help in the redevelopment of the Fairmont Southampton, the island’s greatest resort, a 593-room home, which opened in 1972.
The resort was sold very last December to a Miami-centered expense and growth organization for an undisclosed charge.
Karim Alibhai, the founder of financial investment firm Gencom, mentioned at the time he planned an ambitious programme of renovations at the hotel which overlooks the south shore.
Gencom stated it planned to depart the Fairmont Southampton, which is situated on almost 100 acres with an 18-gap par-3 golf course, less than the brand name and administration of Fairmont Inns and Resorts. It was Gencom’s 2nd investment decision in Bermuda.
Two years ago it acquired Bermuda’s Rosewood Tucker’s Stage Lodge and moved it out of receivership.
The Royal Gazette newspaper documented that the staff had been specified the news on Wednesday that they would keep on being on layoff till the resort closes on Oct 23.