Category: Hotel News

Baha Mar’s $2.6 billion Cable Beach redevelopment project was yesterday said to be “back on track” and targeting an early second quarter 2010 agreement close with its Chinese partners, with completion of the project financing now the major focus.
…Continue readingBaha Mar Plans Deal Close For 2010 Q2

The Out Islands Promotion Board is readying to up its marketing ante to Bahamians in an attempt to get locals to make up hotel occupancy in the off season by 20 percent.
…Continue readingBahamians To Compensate For Tourism Falloff

The Nassau Airport Development Company (NAD) has received Project Finance Magazine’s Latin America Project Bond Deal of the Year award for 2009, based on it securing the $265 million needed to finance the first phase of the Lynden Pindling International Airport’s (LPIA) redevelopment.
…Continue readingNAD Receives Project Finance Magazine Award

The Government is launching a free airfare promotion to the Family Islands through private airlines in order to increase travel outside Nassau/Paradise Island, and possibly boost domestic tourism, the Minister of Tourism and Aviation said yesterday.
…Continue readingResorts In Favour of MOT’s Free Airfare Promotion

The Bahamas saw air arrivals increase by 3 per cent year-over-year in the last four months of 2009, indicating a recovery in the high-spending stopover market may be starting, although the figures were up against weak 2008 comparatives.
…Continue readingTourist Air Arrivals Increase By Three Per Cent

Bahamian-owned private airlines yesterday responded to news of the Government’s plan to offer free airfare to the Family Islands through their services by saying they “know nothing about the deal”.
…Continue readingAirlines Skeptical On MOT’s Free Airfare Promotion

The Caribbean Hotel and Tourism Education Foundation is Accepting Scholarship Applications for Students, Employees and Educators for their 2010 Awards.  

Thanks to BHA Member support we presently have two Bahamians attending Johnson and Wales and FIU under this scholarship program. 

Details for securing applications and criteria can be found at…

…Continue readingRegional Tourism Scholarships Available

Bahamasair is hoping it will be able to implement a strategic plan for its “renaissance” by end-June 2010, its chairman told Tribune Business yesterday, with one component involving an increase in the percentage of tourist passengers it carried from 5/10 per cent to 30 per cent.
…Continue readingBahamasair Plans To Increase Tourist Load 30%

Developers of the $100 million Balmoral community are gearing up to launch its $15 million phase two component, with 100 percent of units already sold in the first stage — bucking trends currently being registered in the real estate market.

The project is now readying to welcome its first residents into their home, following the near two-year construction period that saw around 150 workers working on site daily.

“We’re moving full steam ahead [and] right now we’re just getting ready to close on the first phase of the town homes and condominiums,” Jason Kinsale, one of the primary developers, told Guardian Business.

…Continue readingBalmoral Development Moves Forward

The immediate growth of the Bahamian economy rests with the Ministry of Tourism’s ability to fill airplane seats and bring stopover visitors back to these shores en masse, the minister of state for finance said yesterday, meaning group business will have to be revived as soon as possible.
…Continue readingTourism Holds Hope For Bahamas Economic Recovery