Accommodation in Bermuda is typically quite expensive. However, there are excellent options available.
There are many exclusive and four star accommodations.
Additionally, some businesses offer private homes, apartments and studios for short term rent such as Bermuda Accommodations Inc.
The exorbitant cost of accommodation and airfares has had a negative effect on tourism, which is shrinking by more than 25% every year. Local government therefore hopes for more budget airlines to come to the island (now only USA3000 from Baltimore and some JetBlue Flights are available. Cruise ships are scape-goated for the decline in hotel stays. Compared to Caribbean destinations Bermuda is at least twice to five times as expensive for a similar product.