Plans for new hotels have been announced - the first hotel development in Bermuda since the 1970s.

Indeed, it was largely due to such costs that at least four major hotel developments have been canceled in the last two years.

He said the 3-to-1 ratio of $360 million in hotel development to $110 in total subsidies was sound.

In the 1980s, he set his sights on hotel development.

Most new hotel development was in the executive and luxury segments of the market.

It is slow and expensive to access land for new hotel developments.

The downtown business district is also attracting hotel development.

Several other hotel developments are also located on the coast of this parish.

In 2007, the venue was closed to make way for a hotel development.

Patton made his living in banking, real estate and hotel development.