Daily Archives: April 20, 2012

New Edgewater Hotel closed: another Barbados hotel bites the dust

Edgewater’s closure by bankruptcy receivers yesterday takes Barbados up to a staggering 34 hotels lost over the last 20 years. How many thousand rooms are gone over the last decade alone?

Does anyone keep track of the numbers?

I feel like a wife whose husband constantly assures her that everything is okay – despite that she sees the evidence all around her that the mortgage payments are behind and the car is about to get repo’d by the bank…

… but the husband says “Don’t worry darling. Everything is just fine.”

Barbados is the wife. The politicians are the husband…

… and the husband is saying “Doan worry, darling. Everything is okay, fine so fine!”

Further Reading

End for Hotel

One of this island’s older hotel properties has fallen into the hands of receivers KPMG.

A team from the audit firm shut down the NewEdgewater Hotel yesterday, and with that action sent nearly 30 people on the breadline.

The Bathsheba hotel, which boasted 24 rooms and suites, and had a history dating back to the 1700s, was ordered closed just after 2 p.m. The staff members were informed of the situation and asked to leave the premises.

Read the full story at The Nation: End for Hotel

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Filed under Barbados, Barbados Tourism