Category: BHA News

A New York judge has delivered a seeming knock-out blow to Baha Mar’s legal action against Harrah’s Entertainment over their collapsed $2.6 billion Cable Beach joint venture, dismissing the developer’s breach of contract, fraud and negligent misrepresentation claims, and branding as “meritless” a key part of its case against the gaming giant.

…Continue readingBaha Mar’s Claim Against Harrah’s Is Meritless

The suggestion of adding $10 onto ticket prices to The Bahamas and to the Caribbean is being protested by a frequent flyer to the islands, who argues the move could cripple this nation’s tourism industry further.
…Continue readingTourist Slams New $10 Tax Proposal

Baha Mar has resolved the last remaining commercial issues with its prospective financing partner for the $2.6 billion Cable Beach redevelopment, Tribune Business was informed last night, the developer now moving towards finalising the legal documents and presenting the finished plans to the Government.

…Continue readingBaha Mar Closer To Closing China Deal

Atlantis’ room bookings are up near 25 per cent year-over-year for January, the resort’s senior executive said yesterday, despite group bookings showing no sign of a short-term turnaround.

…Continue readingAtlantis Resort Bookings Up 25%

Talks are underway about a key restructure of the air fleet of Bahamasair, which could unlock new routes and expanded services.

The Nassau Guardian understands that dialogue is currently taking place between staff, management and the board of the national airline of The Bahamas, and the government on what should happen next with Bahamasair’s fleet.
…Continue readingBahamasair To Restructure

The hotel industry is “about 18 months away” from a position where it can start to exceed 2008 comparative numbers, the Bahamas Hotel Association’s (BHA) president said yesterday, as he warned that sector employment was likely to be “one of the casualties” of the recession.
…Continue readingBahamas Hotels: 18 Months From Full Recovery

New Providence hotels enjoyed an almost-20 per cent increase in room revenues year-over-year for December 2009, driven by an increase of more than three-and-a-half percentage points in occupancy rates and a $32.65 rise in average daily room rates (ADR).

…Continue readingRoom Revenues Up 20% For Nassau Hotels

After a decade of corporate success one hotel is dedicating the year to giving something back to The Bahamas.

As the Colonial Hilton in Nassau celebrates its 10th year of operations it is planning a series of charity events which cover fashion, food, art, music and signing.
…Continue readingNassau Hilton Plans Charity Event To Celebrate 10th Anniversary

Casinos in The Bahamas are facing a major challenge from the legalization of gaming in the US, the top man at Atlantis has revealed, saying recommendations put to the government on the future of gambling in the islands are critical.
…Continue readingBahamas Casinos Face Challenges

The popularity of vacation rentals in the Bahamas surged by 79 per cent last year, the greatest increase for any destination, with this trend expected to continue through 2010, a leading rental firm told Tribune Business yesterday.

…Continue readingBahamas Shows Highest Vacation Rental Growth