Hotel News

Taste of the Caribbean

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The National Culinary Team has trained diligently for nearly two months preparing for the Taste of the Caribbean competition later this month in Miami

On Tuesday, June 12th at 7:30 p.m. they will showcase their skills at a gala dinner at Fathoms Restaurant at Atlantis (located on the pool deck under the Royal Towers – enter Royal Towers and walk thru the Dig to reach restaurant)

Last Updated on Monday, 11 June 2012 05:53 Read more...
 

Hotels Chief Backs Government Push For Bahamian Ownership

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The Bahamas Hotel Association (BHA) has welcomed the Government's "added thrust" to support local hoteliers and more Bahamian investment in the industry, following its announcement of plans to create more opportunities for Bahamians to own hotels via a national resort development initiative.
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Major Hotels At 82% Occupancy For April

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Occupancy numbers are up by nearly eight percent for the 14 major hotels in New Providence, continuing the positive trend seen in the industry since the beginning of the year.
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Room Occupancies Continue To Increase But Rates Remain Suppressed

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According to preliminary statistics released by the Bahamas Hotel Association and The Bahamas Ministry of Tourism, the 14-major New Providence hotels recorded an 81.9% occupancy rate for April 2012 compared to 74.1% in April 2011. Room revenue increased by 3.5% despite a 10.8% increase in room nights sold. A higher revenue figure increase was thwarted by the April 2012 average daily room rate (ADR) of $272.93 that was $17.51 lower than in April 2011.
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Grand Isle Resort & Spa Finalizes Its Transition To 100% Home-Ownership

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Grand Isle

Great Exuma, The Bahamas – Grand Isle Resort & Spa has finalized its transition to 100% home-ownership with the sale of 31 remaining villas to Peter Nicholson of Ottawa, Canada.

Nicholson purchased the units from Textron, Inc, the financier who owned the units following default on the part of the original developer. Over time, Nicholson intends to sell most of the units he has purchased, and has already experienced several sales.

Last Updated on Wednesday, 23 May 2012 10:32 Read more...
 


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