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By NEIL HARTNELL
Tribune Business Editor
The major Nassau/Paradise Island hotels continued to see improvements in key financial indicators through August 2010, with revenues and room nights sold some 8 per cent and 7 per cent ahead, respectively, of 2009 comparatives for that month, with "every month putting the industry closer" to achieving pre-September 2008 crash numbers.
Robert Sands, the Bahamas Hotel Association's (BHA) president, said that while the resort industry was "still not" back to business levels seen prior to the Lehman Brothers bankruptcy, it was enjoying "consistent, steady" growth when its performance was matched to 2009 numbers.
"I can te ...
By NEIL HARTNELL
Tribune Business Editor
Bahamas First Holdings is projecting an 80.5 per cent increase in year-over-year net comprehensive income to $7.598 million for its 2010 financial year, Tribune Business can reveal, boosted by a forecast $2 million contribution from its new Cayman Islands acquisition.
The general insurance holding company is also predicting that net comprehensive income will increase again in its 2011 and 2012 financial years, rising by 23.6 per cent year-over-year to $9.391 million in the former, and again by 5.5 per cent to $9.904 million in the latter.
The projections, which Bahamas First Holdings emphasised were not a guaranteed financial performance, were cont ...
MasterCard and Kerzner International Sign Multi-Year Strategic Alliance to Bring Exclusive Benefits to Travelers
Paradise Island, Bahamas -
MasterCard Worldwide, world
leading payments brand and Kerzner International Resorts, operator of
destination resorts, casinos and luxury hotels, reached a multi-year
strategic partnership to provide MasterCard cardholders in Latin America
with access to exclusive offers at internationally renowned vacation
hotspot, Atlantis Resort in The Bahamas.
the World Tourism Organization (WTO), challenges in the tourism industry
over the last few years have heightened the need for stronger collaboration
and partnerships among different industries...
NASSAU, The Bahamas
-- Early registration for the next Parliamentary (General) Elections
got off on schedule in New Providence Monday morning as candidates for
registration filed in and out of Voter Registration Centres despite
the inclement weather.
Voter Registration Centres
opened promptly at 10 a.m. in preparation of the new Voter Register.
The simultaneous opening of multiple centres in New Providence, Grand
Bahama and the Family Islands will facilitate an early National Voter
Voter Registration Centres
in New Providence are located on the ground floor of the Parliamentary
Registration Department, Farrington Road; south of the Centre Court...
The Bahamian producers of Islands of the World Fashion Week have established two scholarships in conjunction with the internationally-recognised Parsons, The New School for Design, based in New York.
Modes Iles Ltd, an affiliate of Nassau-based financial services provider, the Montaque Group, said the scholarships would allow a promising young fashion designer to attend one of the many summer programs offered at the institution, helping to enhance their skills in various aspects of the fashion industry.
The first scholarship will be awarded to the recipient of the NextGen Designer Award competition, which is held annually during the Islands of the World Fashion Week in November, and is selected b ...
REGISTRATION centres will be open at locations throughout the country beginning today as preparation of the new Voter Register for the next general elections begins.
The simultaneous opening of multiple centres in New Providence, Grand Bahama and the Family Islands will facilitate an early national voter registration drive, said Parliamentary Commissioner Errol Bethel.
Officials hope that with the early opening of registration centres, the process will be expedited while maintaining its accuracy and sanctity.
"I cannot overstate the importance of an accurate register. An accurate register facilitates fairness in the electoral process; it enhances better redistribution of seats, ther ...
France is once again embroiled in a health and safety scandal. For 20 years, from 1973 to 1993, the insecticide chlordecone (Kepone) was used in Martinique and Guadeloupe, in the French West Indies, to combat banana weevil, exposing a significant proportion of the population and polluting the soil.
A study published last month in the Journal of Clinical Oncology and in Guadeloupe confirms that chlordecone, which disrupts the endocrine system, is responsible for a significant increase in the risk of prostate cancer, the cause of half the cancers detected on the two islands.
By JAMMAL SMITH
Guardian Business Reporter
Abaco's economic potential is being noticed by many industry executives, with the head of a local communications company saying the island will be one of the first to recover from the recession.
said Abaco is capable of rebounding from the tough economic times and it has the potential to establish itself as one of the premiere locations in the country.
"Abaco is going to be one of the first islands out of the gate when we get out of this recession,"Sumner said."It's a growing economy. The population has grown almost 50 percent based on the last census,[it]caters to a lot of second home owners and it...
A total of 36 boats competed this past weekend at Montagu Bay in New Providence in the championship fleet of the 2010 Bahamas Opti National Championships. Sailors from New Providence took part, along with young sailors from Long Island, Abaco, Grand Bahama, Eleuthera and Harbour Island.
Three races were sailed on Saturday in light wind conditions and four races were completed on Sunday in eight to 11 knot winds.
Daniel Gibson, 14, from New Providence was crowned Bahamas Champion 2010. He sailed consistently, finishing among the top six sailors in all races except for a seventh place finish in race number two. This was the first time that he was awarded the Geoffrey Holowesko Championship Troph ...
- The 8th Annual 'Junkanoo Jam' Basketball Tournament returns to Grand Bahama Island, November 25th
- 29th, and event organizers and sponsors are excited. This premier
NCAA tournament will once again showcase the talents of some of the best
female collegiate basketball players in the United States and boost the
island's economy to boot.
Grand Bahama Port Authority, Limited (GBPA) is one of the official
sponsors of the event and GBPA-President, Ian Rolle, extended welcome to
event-organizer, Basketball Travelers Inc. during a recent press
conference. "Since 2003, Grand Bahama Island has been the destination
of choice for this annual tournament and we would like to acknowledge
Basketball Travelers Inc. for their ongoing commitment," he said...
Bahama Island - Manu, a Latin singing sensation from Colombia visited
The Bahamas recently to spend some down time with family. He had just
completed work on his new music video which was shot in Miami.
took time out of his vacation to talk to The Bahamas Weekly at
Coral Beach Bar which has one of the best views of the ocean in Grand
Bahama when enjoying evening cocktails and nibbles.
video interview Manu serenades us with a sample of his latest single 'No
Prentendo Ser' and speaks in his mother tongue about the beauty of The
Nassau, Bahamas: The
"Islands of the World Fashion Week" 2010 season is officially underway!
On Sunday, October 3rd, scores of fashion spectators were engaged in
the excitement and allure of the Mode Îles Ltd. produced, "Runway to
Fashion Week". This highly anticipated event, loosely based on American
reality series "Project Runway", was designed to engage and expose
novice Bahamian designers to the wider fashion community; both locally
and internationally. With 5 talented designers eager to win the coveted
"top designer" title, only one emerged victorious! The winner of
Sunday's rigorous two rounds of competition was 26 year old Mr.
Theodore Elyett. His showcase of vibrant and colorful garments inspired
by American celebrity Solange Knowles...
Nassau, Bahamas -
those of you who love the sweet sound of Soca and can't wait for a
taste of Junkanoo on Bay Street, Bodine 'Be' Johnson's summer single
Intoxicated is the hit you've been waiting to see on Video. The
BuffBoo Records recording artist launched her official video for the single on September 23rd at Harry's Haven.
Intoxicated, the feel-good Caribbean love song is set to an up tempo fusion of Soca rhythms and Junkanoo Music. Originally
produced by British Virgin Island producer Lincoln Ward of BeatLink
Productions 'intoxicated' was released to the world as a Soca single in
2009 to rave reviews.
2010, the single has been re-released, infused with the spirit of
Junkanoo and with an upcoming music video to match is guaranteed to be
one of the best The Bahamas has to offer...
Despite the tornado that delayed the official opening, the Central American and Caribbean (CAC) Games opened in Mayaguez, Puerto Rico, yesterday with a number of Bahamians competing in swimming.
However, Alicia Lightbourne was the lone competitor who advanced out of the morning session into the final last night. She did it as the eighth and final qualifier in the women's 200m breastroke after she placed third in the last of three heats in a time of two minutes and 42.18 seconds.
Bahamas - Miss Kamie Crawford of Maryland was crowned Miss Teen USA
2010 at the 28th Miss Teen USA pageant, held at the Imperial Ballroom,
Atlantis† on July 24, 2010.
The 17-year-old winner is from
from 50 states and the District of Colombia competed for the crown with
her.† the 51 contestants were narrowed down to 15 after the swimsuit,
evening gown, and fashion categories. The top 5 were judged on
appearance and their responses to questions.
By JIMENITA SWAIN
Guardian Senior Reporter
Bahamas Electricity Corporation general manager Kevin Basden released a statement yesterday evening explaining the persist power cuts in Abaco that led to a demonstration there earlier in the day.
The residents said the outages are impacting tourism on the island, business in general and are making life a virtual nightmare.
The power cuts have been happening since July 13.
"The present generation challenges are due to faults that developed on a few generators, coupled with a shortage of lubricating oil that resulted in two generators not being available during a 12-hour period, until additional oil was provided," Basden sa ...
By CHESTER ROBARDS
ORLANDO, Florida - Bahamian resort developers could benefit greatly from the timeshare resort model, the Ministry of Tourism's senior director of research told Tribune Business yesterday.
And another tourism expert, who spoke on condition of anonymity, suggested Bahamian investment in timeshares on the Family Islands could be a catalyst to sustainable domestic tourism.
Gary Young, the Ministry official, said a timeshare or fractional development is an opportunity for Bahamians to develop a property that can produce possible year-round occupancies and high per-unit expenditure in the community (based on the traditional we ...
By JUAN McCARTNEY
Guardian Senior Reporter
Four men sat outside a Golden Gates home yesterday afternoon, pouring drinks into plastic cups as they soaked in the death of Nelson Hanna, the pilot who was killed along with seven other men when his Cessna fell out of the sky after taking off from Lynden Pindling International Airport hours before the gathering.
The home belongs to Murrio Sullivan, veteran pilot who said all the men counted Hanna among their friends and the loss has hit the aviation community like a sledgehammer.
"It's not a good day right now,"said Sullivan, a private pilot who himself recently survived a crash in the Family Islands.
"I had just spok ...
Freeport, Grand Bahama Island - As Miss Grand Bahama, Tempestt
Stubbs, prepares for her first international competition, the Miss
Friendship International Pageant which is scheduled to take place in
China from September 7 - 28, 2010 she is busy coordinating each outfit
from head to toe. Thanks to two local stores, she is able to stand with
pride and shine with added appeal as she selects new foot wear and
"I am thrilled to travel to China to represent Grand Bahama Island
and indeed The Bahamas", says Miss Grand Bahama.† "This is one of the
main reasons why I entered the Miss Grand Bahama competition.† I wanted
the opportunity to travel and I consider it a privilege to represent my
island and my country"...
Freeport, Grand Bahama
Island - The Ginn West End Foundation sponsored 24 West End youth to
participate in two 2-week sailing training sessions organized by The
Grand Bahama Sailing Club at the Sir Charles Hayward Yacht Club.
24 participants from
the West End Eco-Fishing camp were selected to attend the sailing classes,
which included 2 former Eco-Fishing campers from the Eight Mile Rock
Rolle, Cameron Grant, Donta Taylor, Deandre Moxey, Jacob Garvey, Patriquo
Hanna, Thomas Rolle, Kenneth Davis, Travontae Cooper, Travay Cooper,
Travis Russell, Tyrell Lawrence and Brandon Simmons...
Nassau, Bahamas - The following is a Press Statement by Philip 'Brave' Davis.
Ann and I mourn today the passing of eight souls departed in the tragic
plane crash bound for a weekend homecoming festival in the quaint
community of San Salvador.
While we would like to pay tribute to all of the families and
friends who grieve at this time, I particularly wish to convey personal
tribute to my longtime friend and pilot Nelson Hanna, who has taken me
in my travels throughout the Bahamas. His service to people of San
Salvador is unmatched and today the people of that island stand with his
family in this time of testing...
By JAMMAL SMITH
Guardian Business Reporter
A host of experts and ministers around the Caribbean are scheduled to discuss the future of energy in the region.
The Caribbean Renewable Energy Forum(CREF), which will take place October 13-15 at Atlantis Paradise Island, is an open forum designed to spark the discussion on transitioning from traditional to renewable energy.
Conference Chairman Jerry Butler toldGuardian Businessthat The Bahamas will have a chance to make a good impression on key stakeholders attending the meeting.
"The fact that The Bahamas happens to be the location where[CREF]is being hosted is very interesting and creates an opportunity for The Bahama ...
The 23rd Caribbean Amateur Junior Golf Championships will be played August 4-8, on the Lucayan Golf Course in Grand Bahama. A total of eight countries in the region inclusive of Puerto Rico, the Dominican Republic, the Cayman Islands, Trinidad & Tobago, Barbados, Jamaica, The Bahamas and the U.S. Virgin Islands, will participate in the tournament. The Caribbean Amateur Junior Golf Championships is the most competitive and recognized junior golf tournament in the region. The Bahamas Golf Federation has selected a team of junior golfers from its junior program to represent Team Bahamas. The team will be managed and coached by Walter Robinson and Alex Gibson, respectively. The team's captain is ...
By KEVA LIGHTBOURNE
Guardian Senior Reporter
Four people were injured when the single-engine aircraft they were traveling on crash-landed on the side of the runway in Little Whale Cay, Berry Islands yesterday.
Two men and two women, one of whom is pregnant, were in the aircraft. A United States Coast Guard helicopter flew the pilot, who sustained serious injuries, and the pregnant woman to New Providence for medical treatment last night.
Officials did not release the names of the passengers and pilot last night, however,The Nassau Guardianunderstands that businessman Mark Roberts, who piloted the aircraft, was on board the plane with his family, including his pregnant wife Louise ...
By LARRY SMITH
For months during the busiest and hottest season of the year, the state-owned utility has been unable to provide steady power for the country's third largest economy. This has led to rising anger among the island's 15,000 residents as well as bitter complaints from departing tourists.
¬†Craig Roberts, owner of the Bahama Beach Club in Treasure Cay, said customers were demanding refunds, with some saying they would not return. Peggy Thompson of Hope Town Hideaways, a property management business, said many guests had to either move to cottages with a generator, or were giving up and demanding their money back.
¬†"BEC has effectively ruined our tourist season and ...
Freeport, Grand Bahama - The United States Embassy in
conjunction with the Pacific Disaster Center proposed a workshop with
limited funds, USNORTHCOM partners with The National Emergency
Management Agency (NEMA). to participate jointly in knowledge
exchanges, conferences, seminars, and construction projects.
Partnerships such as those between NEMA and USNORTHCOM allow for
nations to draft plans and understand each other's capabilities if the
need were to arise for a call for assistance.
The aims of the disaster conference are to reinforce the concepts of
disaster mitigation, and preparedness, and to strengthen the relief,
repair, restoration and recovery mechanisms in the islands, and
ultimately the synchronization of the method of operating in all
districts and communities of the northern Bahamas in the event of a
disaster or emergency incident...
Find out what is happening in New Providence.
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Nassau, Bahamas - Some 50 Bahamians
will be gainfully employed as a result of five contracts signed by The
Bahamas Government on July 28 for the repair of boat ramps throughout
Public Works and Transport Minister the
Hon. Neko C. Grant said the ramps are "crucial" to the livelihood
of many individuals and contribute to opportunities for recreation and
relaxation for the general public.
He noted that the ramps are "strategically"
located and provide access to the sea from all directions on the island.
The ramps to be upgraded are Brown's
Boat Basin, Jaws Beach Boat Ramp, Gambier Boat Ramp, Marshall Road Boat
Ramp and South Beach Boat Ramp.
Nassau, Bahamas -
Aspiring and established
librarians participated in a one-week workshop held at the Administrative
Office of the Public Library & Reading Centre during the week of
The facilitator for the annual workshop was Ms. Susy Siel,
a librarian from Wisconsin. Ms. Siel has been visiting The Bahamas over
the past several years to conduct the workshop. Also participating in
the workshop were two Family Island librarians hailing from Mayaguana
At the end of the workshop, the participants visited
all the public librarians on New Providence as part of the training...
Freeport, Grand Bahama Island - Ladies love to dance, and Ladies love champagne!
Every Thursday night at Neptune's, aside from their ever popular Happy Hour from 7 - 9pm, the Ladies can enjoy
Chandon for only $6.50 a glass (regular price is $12.95).
Enjoy music by DJ Lochs or DJ Say My Name and make it your night to hang with the girls and dance the night away to the most upbeat tunes.
Ladies Night is perfect for a birthday, Hen Night, or Wedding Shower, or simply a night to get away with your BFFs...