Search results for : Lucayan

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News Article
September 21, 2022
Cooper: Public discourse on Grand Lucayan negotiations not in Bahamians' best interest

Acting Prime Minister and Minister of Tourism, Investments and Aviation Chester Cooper explained yesterday that the extended due diligence period given to Electra America Hospitality Group will allow it to continue to collect data on the resort they have agreed to buy and to continue negotiations with the government. He added that saying more publicly about the ongoing negotiat...

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News Article
September 20, 2022
FNM calls on govt to complete sale of Grand Lucayan

The Free National Movement (FNM) yesterday called on the government to conclude the sale of the Grand Lucayan resort. "The decision to extend the closing of the Grand Lucayan is both troubling and disheartening to the residents of Grand Bahama," the FNM said in a statement. "Back in May 2022, and with much fanfare, pomp ...
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News Article
September 16, 2022
Further extension for Grand Lucayan sale

Lucayan Renewal Holdings Limited (LRHL) announced last night that it has agreed to a further seven-day extension for the due diligence period for the sale of the Grand Lucayan resort in Freeport to Electra America Hospitality Group, which agreed to purchase the property for $100 million from the government of The Bahamas. LRHL, the special ...
The post Further extension for Grand Lucayan sale appe...

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News Article
August 19, 2022
Athletes not satisfied with Grand Lucayan accommodations have been moved

Minister for Grand Bahama Ginger Moxey said the athletes who were not satisfied with their accommodations at the Grand Lucayan Resort are being accommodated at another property.

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News Article
August 10, 2022
PM on Grand Lucayan, GBIA deals: We can walk and chew gum

Responding to doubts cast by the opposition and some members of the public that the government will not be able to close the sale of the Grand Lucayan resort until and unless the government follows through with the public-private partnership for the redevelopment and management of the Grand Bahama International Airport (GBIA), Prime Minister Philip ...
The post PM on Grand Lucayan, GBIA deals: We ...

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News Article
August 08, 2022
'Airport key to Lucayan rising again'

THE former chairman of Lucayan Renewal Holdings believes the government must fully commit to redevelopment and reconstruction of the Grand Bahama International Airport in order to successfully conclude negotiations over the sale of the Grand Lucayan resort.

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News Article
August 05, 2022
Grand Lucayan sale 'on track'; due diligence period extended

The sale of the Grand Lucayan resort to Electra America Hospitality Group is "steadily progressing and on track for completion", the board of directors of Lucayan Renewal Holdings Limited said yesterday. In recent weeks, Opposition Leader Michael Pintard has raised doubts that the project would move forward, noting that the Minnis administration also heard promises from ...
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News Article
July 26, 2022
Pintard raises doubts on Grand Lucayan sale, GBIA reconstruction

Raising doubts that the Davis administration will follow through with the sale of the Grand Lucayan resort and the subsequent reconstruction of the Grand Bahama International Airport (GBIA), Opposition Leader Michael Pintard said yesterday there has been nothing but hype and showmanship with respect to plans for that island. Pintard and Deputy Prime Minister Chester Cooper have ...
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News Article
May 08, 2018
Grand Lucayan deal should be 'wrapped up soon', maintains DPM

A much-anticipated deal to get the Grand Lucayan resort on Grand Bahama back up and running should be "wrapped up soon", Deputy Prime Minister and Minister of Finance Peter Turnquest told Guardian Business yesterday, as it creeps closer toward one year that government has been [...]
The post Grand Lucayan deal should be 'wrapped up soon', maintains DPM appeared first on The Nassau Guardian.

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News Article
September 25, 2015
GB Lucayan Lions Club Courtesy Call

GB Lucayan Lions Club Courtesy Call

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