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Hotel News

Central Bank Reports Shows Tourism Spike

Visitor performance in the first half of 2011 experienced an upturn according to the latest Central Bank report, with total arrivals increasing by 14.8 percent up to April. The latest figures were found in the Central Bank’s Monthly Economic Financial Developments (MEFD) June report, which also further revealed the uptick in air and sea travel.

“In April, total visitor arrivals firmed by 14.8 percent, buoyed by a 2.8 percent hike in air arrivals — the first monthly increase for the year — and steady gains in sea visitors of 19.2 percent,” the report stated.

“All of the major destinations recorded improvements, with total arrivals to New Providence up by 6.1 percent and double digit gains in both Grand Bahama and the Family Islands, of 16.1 percent and 29.8 percent, respectively.”

The first half visitor performance also translated into increased hotel revenues for local properties, with Frank Comito, the Executive Vice President of the Bahamas Hotel Association (BHA), saying the 5.8 percent growth in room rates could be attributed to the busier travel period and various tourism initiatives.
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Hotel News

$65k Awarded In Tourism Scholarships

Two of the Bahamas Hotel Association’s (BHA) partners in developing the tourism industry’s talent pool awarded $65,000 in scholarships to 13 students pursuing a variety of tourism-related career paths yesterday.

The presentations were made at a special ceremony during the BHA’s bi-monthly board meeting, held at Graycliff’s Humidor Restaurant.  Teaming up with the BHA for the scholarship awards were the Caribbean Hotel and Tourism Association Education Foundation (CHTAEF) and The College of The Bahamas (COB).

Representing Minister of Education Desmond Bannister, that ministry’s Permanent Secretary Elma Garraway said no longer do students view the tourism industry as viable only for unskilled workers.  Today, she said, with over 100 career paths available of which 20 percent are in management, the industry is providing well-compensated and prestigious jobs for top-achieving Bahamians.
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Hotel News

Emily Still on Track to Impact Most of Bahamas

While the intensity of Emily is still forecasted to remain at a Tropical Storm level, businesses are advised to monitor the situation carefully. 

At 5:00 p.m. today Emily was located about 185 miles southeast of the Turks and Caicos Islands and projected to begin to effect the southeast Bahamas Thursday afternoon and the central and northwestern Bahamas on Friday. 

Continue readingEmily Still on Track to Impact Most of Bahamas