Sonesta exits Bermuda, Wyndham enters By Gay Nagle Myers / March 23, 2004 Share 1 -- SOUTHAMPTON, Bermuda ---Sonesta International Hotels will end its 42-year relationship with Bermuda May 15 when Wyndham Hotels & Resorts hoists its flag over the 400-room former Sonesta Resort Bermuda. The resort will be known as the Wyndham Southampton Bermuda Resort. The property has been closed since September due to damage suffered in Hurricane Fabian and has been undergoing a $38 million renovation program."The owner was battered by insurance problems, had to lay off staff and wanted to reposition the property," according to a Sonesta representative. "We are sad to be leaving Bermuda, but we are proud of our contributions there and we wish the owner and Wyndham the greatest success."Boston-based businessman Cliff Schorer bought the property last year -- prior to the hurricane -- from Aetna Life Insurance.Sonesta, with 26 properties worldwide, including six in the U.S., seven in Peru, four in Italy, eight in Egypt and one opening in Sao Paulo, Brazil, this spring, "is always on the lookout for new properties and locations," a spokesman said. "We do want to add more U.S. cities."The Bermuda resort will mark Wyndham's re-entry into that market. The firm managed another property there "years ago, but it did not carry the Wyndham name," according to a Wyndham spokesman.To contact reporter Gay Nagle Myers, send e-mail to email@example.com.