Hotel News

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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Grand Isle Resort Appoints New Manager

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Grand Isle Resort & Spa has appointed Bahamian Shervin Penn as resort manager of its $100 million, luxurious 78 condo villa resort located at Emerald Bay, Great Exuma.

James Clabaugh, president of EGI Ltd, developers of the luxury property, said: "We are pleased to announce the promotion of Assistant Manager Shervin Penn to the post of resort manager.

"We know that a new era is dawning for Exuma and we believe that Shervin's appreciation of how important a superior visitor experience is will help Grand Isle retain its standing among repeat discerning guests and the many new visitors that Sandals will be bringing to Exuma."
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Soft Hotel Bookings For The Holidays

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The Bahamas Hotel Association's president yesterday said room bookings will be softer year-over-year this festive season, as revenue per available room hovers around a negative 18.9 per cent.
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