The Hamilton Princess & Beach Club has recorded the best May occupancy figures in the hotel’s history.

And the huge success has led to $200,000 in overtime pay for the Princess staff.

Allan Federer, the hotel’s general manager, said: “In response to mounting speculation regarding hotel occupancy during the America’s Cup, we would like to clarify that the Hamilton Princess & Beach Club has just completed its most successful May in the history of the hotel.

“Furthermore, June will be the best month ever. As a result, we paid $200,000 in overtime to our employees.

“Hamilton Princess & Beach Club is a multidimensional business with 600 employees across various departments. We have not laid off any employees. In fact, we have increased employment for the America’s Cup. Employees are given more or less hours depending on the demand in their area of work.”

The Hamilton Princess first opened its doors on January 1, 1885, making it the island’s oldest operating hotel.