The Fairmont Hamilton Princess was recently sold to the Green family. *Photo by Kageaki Smith
The Fairmont Hamilton Princess was recently sold to the Green family. *Photo by Kageaki Smith

FRIDAY, OCTOBER 5: Resort hotels saw sales revenue dip by $6.8 million in the second quarter of 2012.

Revenue at the hotels fell by 10 per cent between April and June compared to the same period of 2011.

The Quarterly Bulletin of Statistics released on Friday stated: "Similarly sales revenue for cottage colonies and smaller hotels recorded declines in gross receipts of $121,000 and $62,000 respectively."

The significant decline in air arrivals for the second quarter resulted in a 6.6 per cent fall in bookings at tourist accommodations.

Guest houses recorded the biggest decrease falling 32 per cent for the quarter.

Occupancy at resort hotels fell by just over 10 per cent, while visitors staying at housekeeping accommodations also declined by nine per cent.

The report added: "The number of guests staying at small hotels and cottage colonies and private homes declined by 3.2 per cent and 1.4 per cent respectively."