Business

Sumner expresses hope about Grand Lucayan deal

Urges managers to take the most reasonable VSEP offer   NASSAU, BAHAMAS – Edison Sumner, a former president of The... read more »

Business

Grand Lucayan LOI signed

Royal Caribbean/ITM Group begin HOA negotiations to purchase resort for $65 million   NASSAU, BAHAMAS – More than six months... read more »

Business

No timeline on Grand Lucayan sale

NASSAU, BAHAMAS – Minister of Tourism Dionisio D’Aguilar indicated yesterday that the government’s special purpose vehicle is making progress in... read more »

Business

Central Bank: Construction sector to experience a slight slowdown

NASSAU, BAHAMAS – The Central Bank is confirming that the construction sector may experience a slight slowdown as earlier surges... read more »

Business

Exuma investor: We’re “busting out” of airport

NASSAU, BAHAMAS – The largest shareowner of one of Exuma’s principal properties is looking forward to a follow-through on promises... read more »

Business

Govt. narrows Grand Lucayan’s bidders list

NASSAU, BAHAMAS – The list of companies vying for the chance to own and operate the Grand Lucayan Resort in... read more »

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Business

Water & Sewerage opens at Mall at Marathon

NASSAU, BAHAMAS – The Water & Sewerage Corporation (WSC) opened a new customer service location on Wednesday at the Mall... read more »

Business

Cruise lines have no issue with govt.’s selection for port

Royal Caribbean CEO excited and prepared to work with new developer   NASSAU, BAHAMAS – Although it missed out on... read more »

Business

Airbnb rentals up 37%

The popularity of Airbnb vacation rentals continues to rise with the Central Bank reporting a 37 per cent increase in... read more »

Business

Despite failed Fyre Fest, occupancy rates at Grand Isle in Exuma skyrocket

NASSAU, BAHAMAS –  The largest shareowner of Exuma’s luxurious Grand Isle property is noting one upside of the doomed Fyre... read more »

Business

Colonial Group International to invest $4 million in GB

FREEPORT, GRAND BAHAMA – Colonial Group International (CGI) – the parent company of Atlantic Medical Insurance Co Limited, Security &... read more »

Business

Grand Isle opens $4 million beach club

NASSAU, BAHAMAS – A $4 million investment at Exuma’s Grand Isle Resort and Spa saw the island open its first... read more »

Business

Turnquest: $94.7 million in mortgage commitments

NASSAU, BAHAMAS – A surge in domestic construction to $86.7 million by Q3 2018 may not necessarily be duplicated this... read more »

Business

Nearly $800 million in FDI projected

NASSAU, BAHAMAS – Nearly $800 million in Foreign Direct Investment is projected to bolster the country’s economy in the short... read more »

Business

Pelican Bay leads the charge in promoting GB

Highlights newly renovated hotel at CHTA 2019 Marketplace   FREEPORT, BAHAMAS – With more than $4 million invested in room... read more »

Business

Revitalization of Downtown Nassau underway, says PM

NASSAU, BAHAMAS – Prime Minister Dr. Hubert Minnis has confirmed that plans for the revitalization of historic downtown Nassau are... read more »

Countdown

Countdown to Wine & Art Festival 2019

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Business

TripAdvisor Award Winner boosts ad budget amidst new Lenny Kravitz ad

CAT ISLAND, BAHAMAS – Seeking to boost occupancy by 10 per cent, one Cat-Island based 2019 TripAdvisor Travelers’ Choice Award... read more »

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Business

Lenny Kravitz stars in new tourism campaign

NASSAU, BAHAMAS – The Bahamas Ministry of Tourism (MOT) has teamed up with Rock ‘n Roll, Grammy Award-Winning star Lenny... read more »

Business

Four years after fire, BAMSI to get new dorms this Fall

NASSAU, BAHAMAS – Four years after an act of arson devastated the dormitories at the Bahamas Agriculture and Marine Science... read more »

Business

BCA shares views on govt.’s affordable housing programme

NASSAU, BAHAMAS –  As members of the Bahamian Contractors’ Association (BCA) met on Wednesday to discuss the government’s newly-announced housing... read more »