Officials at the Nassau Airport Development Company (NAD) are in the final weeks of seeking developers to construct and manage a proposed airport hotel at Lynden Pindling International Airport (LPIA).
NAD announced in early 2018 that it would issue a request for Expressions of Interest (EOI) proposals for the construction and management of a small hotel at LPIA and as promised, the company released its EOI in early March.
Less than two months later, NAD has confirmed that it has received an overwhelming amount of response.
“We extended an expression of interest on March 8, and to-date, we have had an overwhelming amount of interest expressed in designing, building, financing and operating the hotel,” Jan Knowles, Vice President, Marketing and Commercial Development, confirmed.
“We are going through that process now and we will see what comes out of it. Certainly, the level of interest is there and the need for it is something that most Bahamians, and people who are within the destination understand quite well.”
Dialogue about the construction of a small airport hotel began back in 2011 when owners of the Atlantic Resort & Spa in Fort Lauderdale reportedly hoped to develop a ‘four-star’ standard hotel on a three-acre site at LPIA.
However, after conducting a feasibility study, the developers reneged on the idea.
Seven years later, NAD is confident that the hotel is not only a necessity, but that it will also provide the airport with an uptick in additional revenue as well.
“Nassau acts as a hub,” she explained.
“Persons come in for a wide range of reasons and often times they need to overnight so we anticipate that from the need we have identified that this will be a good thing.
“We would like to have that amenity here at the airport to enhance the passenger experience and then certainly it will allow us to derive additional income.”
NAD is also optimistic that the hotel site might also blossom into a multi-purpose facility.
“There is a need for more than just a hotel,” she shared.
“We need something along the lines of a multi-purpose facility because we constantly get calls for space where people are looking to host business meetings and small conferences. So, we believe that a small facility like that can do well for us..”
Interested proponents should have at least 10 years of experience as a developer and operator of hotels within The Bahamas, Caribbean region or otherwise internationally and preferably in an airport environment. They must also clearly demonstrate the ability to finance, develop and operate any hotel and multi-use facility project deemed feasible for LPIA.
The deadline for EOI submissions is midnight May 11.
“It’s an exciting prospect for NAD and we are so pleased to put it out there and see the interest,” noted Knowles.