Bahamas Hotel Association

BAHA Mar yesterday expressed hope the Bahamian government would provide the necessary approvals "as expeditiously as possible" to allow construction on the $2.6 billion Cable Beach redevelopment to begin later this year, as it continues negotiations with Scotiabank over the latter's $170-$180 million bridging loan.

THE Bahamian resort industry wants to see business levels comparable to 2008 numbers "sustained for two-three quarters" before declaring it has truly recovered, the Bahamas Hotel Association's (BHA) president telling Tribune Business that while July and August were unlikely to match June numbers, continued improvement upon 2009 comparatives was expected.

THE BAHAMAHOST programme is extending its reach to every business in the Bahamas in order to increase the level of service across all sectors of the economy, it was announced yesterday.

THE Bahamas' Companion Fly Free airfare promotion has generated up to $50 million in hotel room revenues for 2010 to-date, it was estimated yesterday, along with 138,000 visitors as June occupancy levels came close to matching 2008 numbers.