Premier and Minister of Tourism Dr Ewart Brown held a press conference today [Oct 26] to address the Tourism third quarter. One of the things he addressed was hotel development saying there is “approximately $2.2 billion earmarked for hotel development on the island for the next 10 years”. The Premier continued on to say that “despite the worldwide economic downturn, it hasn’t deterred investors from demonstrating continued confidence in the Bermuda product,” and that as he prepares to finish his term as Premier he is “pleased to leave a number of hotel development projects in the pipeline.”
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