Hotel News

$20 Million Invested In New Development

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The lead developer of Lyford Hills has told Tribune Business that some $20-$25 million will have been invested in the subdivision's infrastructure once it is completed, with some four to five lots being sold per month despite the recession.

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Graycliff Opens Boutique At LPIA

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Travelers in The Bahamas have an elegant, relaxing way to spend their airport time with the opening of the Graycliff Boutique & Smoking Divans at the Lynden Pindling International Airport.
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2009 Trade Show and Energy Conference

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Business executives yesterday said they were hoping to match last year's total of 70 exhibitors at the two-day trade show attached to the upcoming 2009 Energy Conference, with some 25 companies already confirmed.

Frank Comito, the Bahamas Hotel Association's (BHA) executive vice-president, at a press conference to unveil the November 13-14 trade show, emphasised that it was not just designed as a platform for firms in the renewable energy/energy efficient industry, with manufacturers, marketing and public relations firms, food and beverage suppliers, IT firms, financial services providers and tourism-related companies among the 25 already signed-up.

Pointing out that 10,000 persons attended last year's trade show, Mr Comito said: "We hope we can reach the amount last year of having 70 booth exhibitors. It's a great opportunity for companies to showcase their latest product and services, and build strategic alliances with local and international companies."
Last Updated on Wednesday, 28 October 2009 19:34 Read more...
 

BHA Executive Says Renewable Energy Initiatives Needed

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The Bahamas needs "to move faster" on renewable energy initiatives and programmes designed to reduce electricity costs, business leaders said yesterday, arguing that import duty exemptions to facilitate efficiency in the sector were not having the desired effect because complementary equipment was still being heavily taxed.
Last Updated on Wednesday, 28 October 2009 19:31 Read more...
 

Tourism Not Expected To Rebound For Another Year

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While hotel performance for September and October appears to be "slightly better" than the same period last year, a tourism expert does not expect the industry to fully rebound from the grips of the economic downturn for at least another year.
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