With 30 luxury rooms, six luxury apartments, two restaurants, gym, spa, squash courts, yoga studio, meeting room, pool, movie theatre, a coffee bar, and 128 employees to pamper their high end guests, the $40 million luxury boutique hotel, the Island House Boutique Hotel was officially opened on Monday of this week.

Delivering the keynote address was Prime Minister Christie who thanked the Holowesko family for their belief in the Bahamian economy and for taking the risk to invest in a segment of the economy traditionally dominated by foreign investors.

The Prime Minster touted the economic impact of the investment including increased public revenue and repeated the call for more Bahamians to invest in tourism related projects.

The Island House is located in the hills just outside Lyford Cay.