Hotel News

Baha Mar Deal 90% Go Ahead

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Baha Mar's potential agreement with two Chinese state-owned entities for the financing and construction of its $2.6 billion Cable Beach project is "90 per cent likely to go" ahead, Tribune Business was told yesterday, with both sides trying to now tie down "a few commercial issues".
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BHA Honours Farrington As Lifetime Director

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The Bahamas Hotel Association (BHA) has honoured J. Barrie Farrington as a lifetime director of the 57 year-old organisation.
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Balmoral Project To Start Second Phase Within 60 Days

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A $100 million Bahamian real estate project is aiming to break ground on its 20-unit second phase within the "next 45 to 60 days" once the required level of pre-sales has been achieved, telling Tribune Business that interest from foreign buyers appears to have been rekindled.
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Ginn Wins Ownership Battle Critical To Billion-Dollar Project

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Ginn has won a "very critical" legal battle over a challenge to its ownership of 179 acres vital to its $4.9 billion Bahamian resort project, the Court of Appeal finding that a rival claim to the property was "without merit".
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Bahamas Hotels Relieved At British Airways Strike Block

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A decision by the UK courts to block a strike called for by British Airways cabin crew over the Christmas season bodes well for the Bahamian economy, the Bahamas Hotel Association's president said yesterday.
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