Campbell: Ministry looking at rental assistance

SOCIAL Services Minister Frankie Campbell said yesterday his ministry will respond to all applicants seeking rental assistance.

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Appeal for rental assistance?

Dear Editor, We would like to commend the government of The Bahamas for the work of the National Food Distribution Task Force, which has impacted the lives of thousands of needy Bahamians in search of food in the COVID-19 pandemic. Those among us who are most vulnerable have been targeted to receive assistance to the tune ...

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Check into 'The Rental' for a thrilling time

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Prime Minister Minnis announces rental assistance measures

Prime Minister Minnis announces rental assistance measures...The prime minister today announced that landlords for tenants affected by the COVID-19 crisis must defer 40 percent of rent for the next three months...

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Short-term rentals market continues to thrive despite?Dorian

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Broker Mario Carey: Distressed properties rental assistance program idea gaining momentum, ‘Golden opportunity’ for entrepreneurs, jobs and boost to economy

A little more than a week after real estate broker Mario Carey introduced the idea of using foreclosed properties to meet housing needs for displaced families in the wake of monstrous Category 5 Hurricane Dorian, Carey reported the concept has gained ‘incredible momentum.’..

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Data shows demand increasing for short-term vacation rentals

Hotel comparable vacation home rentals are catching up to traditional hotel models, with occupancy during the second quarter of the year averaging 50 percent, compared to the average of 75 percent occupancy at major hotel properties on New Providence and Paradise Island. Data from the [...]
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PM urges Family Islanders to take advantage of vacation rental market

Prime Minister Dr. Hubert Minnis urged Family Island residents to capitalize on the tourism growth The Bahamas has experienced, particularly in the area of vacation home rentals. The prime minister, who was speaking at a town hall meeting in Matthew Town, Inagua, on Wednesday, pointed [...]
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Report: Top vacation home rental performers in South Abaco, Harbour Island

The top vacation home rental performers can be found in South Abaco and Harbour Island with an annual income – in the case of Abaco – of $300,000 and average daily rate (ADR) of $2,500, according to Engel and Volkers Bahamas’ 2019 vacation rental report.

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GG's rental expenses 'money we must spend'

DEPUTY Prime Minister Peter Turnquest yesterday stressed the importance of “comfort and security” in the wake of reports the government will spend $9,000 a month to rent a home for new Governor General CA Smith...

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D'Aguilar blasts Hanna Martin for her defence of 2017 Western Air rental agreement

TOURISM and Aviation Minister Dionisio D'Aguilar yesterday blasted Englerston MP Glenys Hanna Martin for her defence of rental agreement she signed with Western Air back in 2017...

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22 Year Old UB Student obtains funding for Electric Rental Car Company

· Two Major Financial Institutions vie for SBDC client to take a business loan from their commercial bank.
· Access Accelerator Small Business Development Centre makes good on the promise to get clients funding.
· Deputy Prime Minister reinforces his commitment to creating more Bahamian millionaires.
· Executive Director Davinia Blair says SBDC clients have been appr...

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'Off-resort' accommodation rentals up 18.7 percent

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UB student obtains funding for electric rental car company

The Access Accelerator Small Business Development Centre (SBDC) has successfully assisted Drive Green Rentals in receiving two offers for access to capital from local banks, in addition to grant and equity funding, for a total capital structure of $200,000. The electric car rental company joined [...]
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Will Vacation Rentals Surpass Hotel Bookings?

A just released Engel & Völkers data report giving the latest information on The Bahamas’ vacation rental market, also references a respected industry source that predicts by 2020 it will surpass the traditional hotel booking business...

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Report outlines significant growth in Bahamas' vacation rental market

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Canadian tourists hurt in rental motorbike crash

POLICE are investigating an accident that left two tourists with non life-threatening injuries yesterday evening.

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PM: Rental of Town Centre Mall a 'gift' to govt

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Hotel union boss says increased vacation home rentals bad for hotels

Although he is happy there has been an uptick in stopover visitors to The Bahamas this year, President of the Bahamas Hotel Catering and Allied Workers Union (BHCAWU) Darrin Woods said he's concerned about the increase in tourists choosing vacation homes over hotels and resorts. [...]
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Central Bank: Vacation home rentals to be given 'heightened' attention

The Central Bank of The Bahamas (CBOB) said in its June Monthly Economic and Financial Developments (MEFD) report that "heightened attention" will be given to vacation home rentals in order to ensure those offerings are of a quality fitting for the tourism market. The report [...]
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