Search results for : rentals

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News Article
July 17, 2018
Tourist robbed of rental scooter on West Bay Street

A MALE tourist was robbed of a rental scooter while at West Bay Street, police said.This incident occurred less than three weeks after two tourists were robbed in the same area.Although Sunday's robbery follows what has appeared to be a cluster...

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News Article
July 13, 2018
Shanty town team identifies 200 rental units for housing

MORE than 200 rental units have been identified and logged as alternative housing for evicted shanty town residents, according to an official with the government's Shanty Town Action Task Force.This was disclosed yesterday by Colin Wright, chairman...

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News Article
June 19, 2018
Minnis: New government complex will reduce 50 million annual rental bill

Government hopes to relieve itself of a $50 million-per-year bill for rental space, through the construction of a multi-use government complex at the old City Market building on Market Street. The announcement was made by Prime Minister Dr. Hubert Minnis in the House of Assembly [...]
The post Minnis: New government complex will reduce $50 million annual rental bill appeared first on The Nassau Gu...

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News Article
May 29, 2018
Govt to inform vacation rental owners of their obligations soon

While government met last year with Airbnb to establish how the online booking company would pass on tax collected through its website to the Department of Inland Revenue, Tourism Minister Dionisio D'Aguilar said vacation rental owners should already have a relationship with the Department of [...]
The post Govt to inform vacation rental owners of their obligations soon appeared first on The Nassa...

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News Article
March 21, 2018
Self-drive truck rental business fleet grows five-fold in one year

Talk to Timothy Smith, Danny Lowe or L. Rashad Major; ask them how business is, and you don't even have to wait for words - the smiles on their faces tell all. One year after the trio and a silent partner launched EZ Haul, a [...]

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News Article
March 14, 2018
Rental car fraud duo to pay 4,000 back to firm

TWO of three men who fraudulently obtained a number of Hyundai vehicles from a local car rental company last month have been ordered to collectively pay the firm over $4,000 in restitution.

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News Article
March 09, 2018
Rental car fraudsters ordered to pay company back

THREE men who admitted fraudulently obtaining Hyundai vehicles from a local car rental company last month have been ordered to reimburse the company the amount of funds they swindled. Akeem Storr, Sean Bain and Sean Roberts stood before Chief Magist

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News Article
October 20, 2017
50 of Exuma's 'second homes' operating as vacation rentals

Half of the vacation homes on Exuma are being operated as short-term vacation rentals, Director General of the Ministry of Tourism Joy Jibrilu revealed yesterday, adding that infrastructure on the island is being upgraded as the island's tourism footprint continues to expand. Jibrilu explained that of [...]
The post 50% of Exuma's 'second homes' operating as vacation rentals appeared first on The ...

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News Article
August 23, 2017
Grand Bahama a better fit than NP for vacation home rentals, says GB tourism executive

Airbnb, the vacation home rental giant, could be a huge success on Grand Bahama, since the island has an ideal accommodations system already in place for visitors looking for something outside of the average hotel experience.
Director of Tourism in Grand Bahama Betty Bethel explained that Grand Bahama has a "very healthy" timeshare component within the mix of accommodations available on the island...

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News Article
August 18, 2017
Hotels and vacation rentals: leveling the playing field

Dear Editor,

Listening to the minister of tourism chirping on about parity for the hotel owner and the vacation home rental owner following the execution of an agreement with Airbnb, apart from the payment of taxes, I wonder where is the level playing field? Also what about home owners who rent without being affiliated with Airbnb?
Hotels benefit from the Hotels Encouragement Act, and as a result...

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News Article
August 11, 2017
Tourism Signs MOU with Airbnb to Regularize Vacation Home Rentals

The Bahamas Ministry of Tourism and Airbnb signed a Memorandum of Understanding to regularize vacation home rentals and enhance promotion of this important tourism sector. The agreement was signed during a press conference at the Ministry of Tourism and Aviation on Wednesday, August 9, 2017...

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News Article
July 18, 2017
PUBLIC NOTICE-BTC's Fixed Line Phone Equipment Rental Policy

BTC advises that effective August 17th 2017, there will be a Rental and Insurance fee of $1.25 m monthly for fixed line phone/equipments...

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News Article
September 01, 2011
RENTALS REDUCE GB POWER OUTAGES 51

By DENISE MAYCOCK

Tribune Freeport Reporter

dmaycock@tribunemedia.net

Grand Bahama Power Company's rental units have driven up the fuel surcharge due to their inefficiency, the company's chief executive has admitted, despite reducing power outages by 51 per cent year-over-year during the 2011 first half.

The island's monopoly power supplier had brought in the units to provide 54 megawatts (MW)...

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News Article
June 16, 2017
Minnis: Appropriate tax soon for vacation home rentals to level the playing field

Government has reaffirmed its commitment to properly regulate vacation home rentals - which includes homes listed on popular website Airbnb - with Prime Minister Dr. Hubert Minnis stating that these types of operations have been operating outside of The Bahamas' regulatory environment for years.
Minnis, who was speaking at the Bahamas Hotel and Tourism Association's Board of Directors and Membersh...

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News Article
May 10, 2017
Chamber CEO: Vacation rental sector in need of regulation

CEO of the Bahamas Chamber of Commerce and Employers' Confederation (BCCEC) Edison Sumner asserted the need for regulation and accountability in the country's vacation rental business.
Sumner told Guardian Business recently that any sector operating without regulation is considered a part of the informal economy.
"The chamber does not support operations in the informal economy," he said.
There are...

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News Article
February 10, 2017
CTO, Airbnb developing policy on online short-term rentals sector

The Caribbean Tourism Organization (CTO), the region's tourism development agency, recently signed a landmark agreement with Airbnb to develop a set of policy principles and recommendations on the online short-term rentals sector for Caribbean governments and other stakeholders.
Guardian Business found at least 300 listings on Airbnb for The Bahamas. The CTO said there could be as many as 60,000 o...

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News Article
January 28, 2017
Real Estate Novice Sets Record-13 Rentals in 15 days to win Better Homes & Gardens Rookie of The Year Rental Award

Tiny Samia Donaldson is making a giant name for herself in real estate, racking up rental records at a dizzying pace ? 13 signed residential and commercial property contracts in 15 days ? and earning an award along with loyalty among lessors and lessees...

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News Article
January 30, 2017
Tourism committee to look at benefits, regulation of vacation home rental sector

The Bahamas Hotel and Tourism Association (BHTA) has put together a committee to look into the benefits and possible regulation of the vacation home rental industry in The Bahamas, the association's president, Carlton Russell, revealed to Guardian Business in a recent interview.
Russell suggested that there is an obligation to level the playing field in the hospitality industry, as online platform...

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News Article
January 02, 2017
Carey: Booming vacation home rentals market a golden opportunity for Bahamians

Government should encourage the development of vacation home rentals advertised on globally renowned websites such as Air BNB as an entrepreneurial endeavor, a prominent realtor told Guardian Business recently. However, the sector needs to be properly regulated and taxed, he said.
Mario Carey, owner of Mario Carey Realty, said these kinds of properties could encourage entrepreneurship while also e...

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News Article
November 10, 2016
Business rental assistance to help after hurricane

THE Grand Bahama Port Authority has announced the introduction of a Business Rental Assistance Programme to help displaced business licensees who suffered significant losses from Hurricane Matthew when various rented buildings were destroyed.

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