Seeing red over Blue
EXPLAIN THE DEAL! That’s what Government should do regarding the joint project between Government and a local entity to redevelop the Blue Horizon hotel, local hoteliers are saying.
Last week, this newspaper revealed Government had partnered with Blue Development Incorporated, operated by local businessmen Philip Tempro and Bjorn Bjerkhamn, who would be pumping just over $5 million to redevelop the Blue Horizon property at Rockley, Christ Church, as a Hard Rock Hotel.
The investment by Blue Development had come in for some stiff criticism, however, with one hotelier questioning why the three-star property had been disposed of for such a low monetary value, when others had bid up to $10 million to take over the property.
In the wake of the complaints, the SUNDAY SUN contacted a number of other players in the hotel and business sector to get their take on Government’s latest disposal of a former Gems of Barbados hotel project. (BA)
Please read the full story in today’s Sunday Sun, or in the eNATION edition.