Hotel occupancy up 'tremendously' in Grand Bahama

Mon, Aug 25th 2014, 11:18 PM

Grand Bahama has seen growth in hotel occupancy levels over the past six months, the Ministry of Tourism has confirmed.
According to the latest data released by the Department of Statistics, between January and July 2013, 136,262 rooms were occupied in Grand Bahama.
In the same period in 2014, 203,446 rooms were occupied - a difference of 67,184.
In terms of percentage, between January and July 2013 Grand Bahama had an occupancy level of 49.52 percent.
During the same period this year, Grand Bahama had an occupancy level of 56.23 percent - reflecting growth of 6.71 percent.
Room revenue also grew over the six-month period.
Between January and July 2013, room revenue was recorded at $12,087,072.58.
That number grew to $16,425,811.47 - a difference of $4,338,738.89 or 35.90 percent.
Minister of Tourism Obie Wilchcombe said this improvement is only the beginning of great things happening in Grand Bahama.
"Grand Bahama has shown tremendous improvement over the past seven months and it continues to improve," he said.
"With continued focus and determined efforts, Grand Bahama will return to its glory days and by extension The Bahamas will regain its place as the premier global destination."
As earlier reported by Guardian Business, Grand Bahama's growth in air arrivals has been partially offset by a fall in its sea arrivals. Overall air arrivals were up 33.2 percent for the first four months, while sea arrivals fell by 30.7 percent.

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