It was an historic day earlier today, when Premier David Burt and the Minister of Tourism, Culture and Sport, Sen. Owen Darrell participated in the ceremonial groundbreaking of the Fairmont Southampton Hotel.  

Good morning, ladies and gentlemen, distinguished guests, and fellow Bermudians, 

It is truly my pleasure to stand here today alongside all of you as we begin an extraordinary new chapter for Bermuda’s tourism industry. Today’s groundbreaking for the redevelopment of the Fairmont Southampton is more than the start of a construction project; it’s the start of a significant step forward for our island’s economy, Bermudian employment, and our future as a premier destination. 

The Fairmont Southampton has always held a special place in Bermuda’s tourism landscape, and this remarkable $560 million investment reflects the immense confidence in our island’s potential. Through the shared vision of the private sector and our government’s commitment – including a $75 million sovereign guarantee – we’re ready to welcome this transformation that will make Bermuda an even stronger global destination. 

This redevelopment will breathe new life into the Fairmont Southampton, transforming it into a top-tier resort that will attract visitors from around the world, as well as major conferences, and large-scale events. These are essential drivers of our tourism economy, and the enhancements planned here will set new standards for excellence. This resort will soon stand as a beacon of world-class service and elegance, where visitors from around the globe can experience Bermuda at its finest. 2 

Equally important, this project will have a transformative impact on our people. Today marks the beginning of new opportunities for Bermudians – the construction jobs in the short term and, more importantly, the long-term careers in hospitality that will become available when these doors open. These roles will allow Bermudians to build their futures within this critical industry, contributing to a sustainable economy that supports us all. 

The increased hotel bed capacity this redevelopment will bring is crucial to our island. By expanding our ability to host more guests, we not only enhance our hospitality offerings but also lay the groundwork for increasing airlift, strengthening our tourism product, and bringing more business to our local partners across the island. This project signals to the world that Bermuda is open, ready, and committed to providing unforgettable experiences in a destination like no other. 

This is a moment to celebrate and a project that will shape our future. I extend heartfelt thanks to everyone who has contributed to bringing this vision to life. 

As the Minister of Tourism, Culture and Sport, I stand with you today, on the threshold of a stronger, more vibrant tourism industry, one that brings Bermudians closer to the many possibilities that await us. 

Thank you.