Skip to content

Bermuda's Changing Its Tune When It Comes to Tourism

June 18, 2017
2 min read
IMGGettyImages-144062603
Bermuda's Changing Its Tune When It Comes to Tourism
The cards we feature here are from partners who compensate us when you are approved through our site, and this may impact how or where these products appear. We don’t cover all available credit cards, but our analysis, reviews, and opinions are entirely from our editorial team. Terms apply to the offers listed on this page. Please view our advertising policy and product review methodology for more information.

What's not to like about Bermuda? From the beautiful beaches and Easter egg-colored houses dotting the island to the quick, 90-minute hop from New York, it's a great (albeit expensive) getaway destination. Despite its obvious appeal, though, the island's only recently begun to make a concerted effort to attract tourists who aren't passing through on cruises.

As Bloomberg reports, Bermuda will soon see a handful of new resorts open in the next few years, which is bigger news than you might think, as accommodation options on the island are fairly limited. The largest properties have long been the aging Fairmont Southampton and the Hamilton Princess & Beach Club — the latter of which recently received a $100 million makeover — while others include lovely, costly gems like The Reefs and Rosewood Tucker's Point. These mainstays will now see some competition from properties like the recently opened Loren at Pink Beach, where rooms start at $695 a night in late-June.

The new Loren hotel adds a much-needed modern accommodation option to the island. Image courtesy of the hotel.

Boutique-style hotels won't be the only additions to Bermuda's tourist landscape, however; a Ritz-Carlton Reserve and St. Regis are also under construction. For travelers who want to avoid the island's sky-high prices, this is great news — those Ultimate Rewards points, Starpoints (and Marriott/Ritz points) will finally come in handy in a destination that's historically been rather award travel-unfriendly, at least on the hotel side. Unfortunately, though, you won't be able to redeem points at the Ritz-Carlton property as it is a Reserve hotel.

In addition to breathing some new life into its accommodation scene, Bermuda has recently seen some promising restaurant openings, such as Marée at the Loren. And don't overlook the Barracuda Grill in Hamilton — not a brand new eatery but still a great one for seafood and other gourmet fare.

Overall, it's great to see that Bermuda is stepping up its game when it comes to hotels, especially since those of us who can't afford prices tailored to the yachting crowd stand to benefit from it.

H/T: Bloomberg

Daily Newsletter
Reward your inbox with the TPG Daily newsletter
Join over 700,000 readers for breaking news, in-depth guides and exclusive deals from TPG’s experts

TPG featured card

4 / 5
Go to review
Rewards rate
1XChoose to earn up to 1X points on rent and mortgage payments with no transaction fee
2XEarn 2X points + the option to earn 4% back in Bilt Cash on everyday purchases
Intro offer
Open Intro bonus
50,000 Bilt Points + Gold Status + $300 of Bilt Cash
Annual fee
$495
Regular APR
26.74 - 34.74% variable
Recommended credit
Open Credit score description
Good Credit, Excellent Credit

Pros

  • Choice to earn up to 1 Bilt Point per dollar spent on rent and mortgage payments
  • Elevated everyday earnings with both Bilt Points and the option to earn Bilt Cash
  • $400 Bilt Travel Portal hotel credit per year (up to $200 biannually)
  • $200 Bilt Cash annually
  • Priority Pass membership
  • No foreign transaction fees

Cons

  • Moderate annual fee
  • Designed primarily for members seeking a premium, all-in-one card
  • Earn points on housing with no transaction fee
  • Choose to earn 4% back in Bilt Cash on everyday spend. Use Bilt Cash to unlock point earnings on rent and mortgage payments with no transaction fee, up to 1X.
  • 2X points on everyday spend
  • $400 Bilt Travel Hotel credit. Applied twice a year, as $200 statement credits, for qualifying Bilt Travel Portal hotel bookings.
  • $200 Bilt Cash (awarded annually). At the end of each calendar year, any Bilt Cash balance over $100 will expire.
  • Welcome bonus (subject to approval): 50,000 Bilt Points + Gold Status after spending $4,000 on everyday purchases in the first 90 days + $300 of Bilt Cash.
  • Priority Pass ($469/year value). See Guide to Benefits.
  • Bilt Point redemptions include airlines, hotels, future rent and mortgage payments, Lyft rides, statement credits, student loan balances, a down payment on a home, and more.