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).
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.
Bahamas Hotels and Businesses Requested to Support Haiti Relief… We are encouraged that several Bahamas hotels have already committed support, despite the difficult times our industry is experiencing. The Bahamas…Continue readingAppeal To Hotels & Businesses To Help Haiti
Minister of Tourism Vincent Vanderpool-Wallace announced air arrivals to The Bahamas were increasing on a month-to-month basis during the last quarter of 2009, with forecasts for March 2010 “looking good”. …Continue readingMarch Tourism Arrivals Promising
The Bahamas was unable to cut hotel room rates as deeply as other Caribbean destinations in response to the recession because to have done so would have left the industry mired in “deeper unprofitability” due to high operating costs, the minister of tourism and aviation said yesterday. …Continue readingBahamas Hotel Rate Cuts Lowest in Region
Stopover visitors to the Bahamas fell below the one million mark in 2009 following a 12.8 per cent year-over-year contraction, with tourism industry earnings dropping 10 per cent to around $1.5 billion. …Continue reading10% Drop In Tourism Revenue
We are encouraged that several Bahamas hotels have already committed support, despite the difficult times our industry is experiencing. The Bahamas Red Cross is launching its appeal for funds and non-perishables items. Specifically, hotels are being asked to donate cash or the following items: