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By NEIL HARTNELL
Tribune Business Editor
AN ILLINOIS-based investor is eyeing a $20-$30 million investment during the first two phases of its plans to transform the last Hotel Corporation-owned property into an upscale boutique resort, with talks aiming to reach an 'agreement in principle' set to be held as early as this week.
Michael Scott, the Hotel Corporation's chairman, told Tribune Busine...
The Caribbean Tourism Organization's (CTO) "Post Hurricanes Caribbean Update" report notes that hotels on Acklins, Crooked Island and Ragged Island that remain closed following the passage of Hurricane Irma include Falcon Crest Apartments, Silvertail Fishing Lodge & Resort and Ponderosa Bar & Restaurant (Hotel) on [...]
The post CTO report outlines Family Islands hotels still closed following Irma...
Hotel workers line up at Workers House on Harrold Road yesterday, to receive vouchers to assist with groceries and other household needs, as many resorts remain closed due to the COVID-19 pandemic. Hundreds of hotel workers yesterday swarmed the Bahamas Hotel Catering and Allied Workers Union (BHCAWU) on Harrold Road with hopes of receiving $100 grocery vouchers. Scores of parked cars were scatter...
Access Industries, the Paradise Island developer that blocked one access point to Cabbage Beach, said the decision was made for safety reasons as it forges ahead with plans for a multi-million condominium project. The developer added that "the public still can readily access the beach at Beach Club Drive, off Paradise Island Drive, or considerJunkanoo Beach or Montagu Beach on Nassau.â€ť
While he said itâ€™s troubling 700 employees will be made redundant at Atlantis, Minister of Tourism and Aviation Dionisio Dâ€™Aguilar pointed to at least 1,200 new jobs in the hotel sector that will come on stream in the coming months.
THE hotel union "is on edge" over the US State Department's decision to upgrade its travel advisory to level four, warning Americans not to enter The Bahamas.