Tucker's Point Hotel and Spa in Bermuda has signed a letter of intent to bring Rosewood Hotels and Resorts in as the operator of the resort, the first new luxury hotel to be built on the island in 40 years, which opened in spring of 2009. Ed Trippe, founder and president of Tucker's Point, said running the resort "has evolved into a highly complex operation, so the timing is right to enlist a world-class operating company."
Brian Young, Tucker's Point's executive vice president of operations, will stay on with a job-title shift to managing director, Trippe said. Young is a former Rosewood executive, including stints as managing director of Rosewood at Caneel Bay in the US Virgin Islands, and corporate vice president of operations for the parent company in Dallas.
Tucker's Point sits on 200 acres above Castle Harbour. It replaced a grand hotel that long sat there, the Castle Harbour Hotel, and was developed at a cost of $400 million plus over eight years. Trippe is son of the late Juan Trippe, founder of Pan Am Airways.
Rosewood is expected to assume management of Tucker's Point within three months, Trippe said.