Rosedon Hotel closing doors for 2020; hopeful to reopen next year
Quoting the impacts of the COVID-19 created global situation, and reduced numbers of tourists, Rosedon Hotel have made the decision to close hotel operations as of July 1, 2020” with hopes to reopen again in 2021.
The hotel has already lost almost $500,000 dollars through May, and the hotel stated that they are “forced to accept that these losses would only be compounded by reopening before adequate demand for hotel rooms returns.”
All staff who have been on layoff since March 18 will be made redundant and paid full redundancy. According to the hotel while paying redundancies will push the company even further into debt, they want be ethical employers and show respect of their employee’s dedication and loyalty.
Despite the hotel closing its operations for 2020 starting July 1, the Huckleberry Restaurant will keep servicing customers, this closure affects the hotel operations only.
According to the hotel spokesperson, “Since Rosedon Hotel announced the temporary closure of hotel operations on Wednesday, March 18, 2020, the world and Bermuda have struggled to fully understand the long-term implications of the COVID-19 pandemic."
“The statistics and projections most recently announced with regard to limited airlift to Bermuda, and the associated reduction in tourists visiting our island for the next 9 months, paints an incredibly bleak picture for all Bermudian hospitality businesses," the spokesperson continued.
The spokesperson said, “Hotel operations typically run at a loss for the first few months of the year but are able to recoup most if not all of that loss through the high season between May and October. Regrettably, with best-case projections by the BTA reflecting occupancy at less than 50% for the island through early 2021, we are forced to face the reality that returning to operations for the remainder of 2020 is not feasible.
“When we reopen Hotel Operations in 2021 we hope to be able to re-hire our former staff, but in the interim we are compelled to accept that they need our support now rather than later.”
All staff who have been on layoff since March 18 will be made redundant and paid full redundancy. According to the hotel while paying redundancies will push the company even further into debt, they want be ethical employers and show respect of their employee’s dedication and loyalty.
Despite the hotel closing its operations for 2020 starting July 1, the Huckleberry Restaurant will keep servicing customers, this closure affects the hotel operations only.
According to the hotel spokesperson, “Since Rosedon Hotel announced the temporary closure of hotel operations on Wednesday, March 18, 2020, the world and Bermuda have struggled to fully understand the long-term implications of the COVID-19 pandemic."
“The statistics and projections most recently announced with regard to limited airlift to Bermuda, and the associated reduction in tourists visiting our island for the next 9 months, paints an incredibly bleak picture for all Bermudian hospitality businesses," the spokesperson continued.
The spokesperson said, “Hotel operations typically run at a loss for the first few months of the year but are able to recoup most if not all of that loss through the high season between May and October. Regrettably, with best-case projections by the BTA reflecting occupancy at less than 50% for the island through early 2021, we are forced to face the reality that returning to operations for the remainder of 2020 is not feasible.
“When we reopen Hotel Operations in 2021 we hope to be able to re-hire our former staff, but in the interim we are compelled to accept that they need our support now rather than later.”
