Local Jamaican owner outbids nine for former Wyndham hotel

Local hotelier Kevin Hendrickson is the new owner of the former Wyndham hotel in Kingston, Jamaica, having reportedly outbid nine others during an auction of the property by international marketing firm Colliers, according to Jamaica's The Gleaner.

The acquisition will is the fifth property for Hendrickson, who is also the owner of The Jamaica Pegasus hotel, Courtleigh Hotel and Suites and The Knutsford Court Hotel in New Kingston as well as the Holiday Inn SunSpree Resort in Montego Bay.

He reportedly bid US$17.6 million for the hotel.

The hotel was placed in receivership in 2011 by RBC Royal Bank, which took it over from Ocean Chimo, after unpaid debts.