Davis: I would not have let govt buy Grand Lucayan

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August 08, 2018

 

OPPOSITION Leader Philip "Brave" Davis said if he were the country's leader, he would not let the government buy the Grand Lucayan hotel properties, likening Prime Minister Dr Hubert Minnis' intention to do so to his ridiculed pre-election promise to renegotiate the Baha Mar deal after Chow Tai Fook Enterprises acquired the property.
Mr Davis said he would continue fighting to find a private buyer for the resort, insisting it will be too costly for the government to own and operate a hotel that wasn't making a profit even before it was shut down.

OPPOSITION Leader Philip "Brave" Davis said if he were the country's leader, he would not let the government buy the Grand Lucayan hotel properties, likening Prime Minister Dr Hubert Minnis' intention to do so to his ridiculed pre-election promise to renegotiate the Baha Mar deal after Chow Tai Fook Enterprises acquired the property.

Mr Davis said he would continue fighting to find a private buyer for the resort, insisting it will be too costly for the government to own and operate a hotel that wasn't making a profit even before it was shut down.

 

Click here to read more at The Tribune

News date : 08/08/2018    Category : About Bahamians, Business, Opinion, Politics, Tribune Stories

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