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The government will pay Hutchison Lucaya Limited (HLL) over $1 million to cover the operational losses of the Lighthouse Pointe as part of its purchase of the Grand Lucayan resort in Freeport, according to documents obtained by The Nassau Guardian that facilitate the government guarantee [...]
The post Govt to subsidize GB hotel losses appeared first on The Nassau Guardian.
By NEIL HARTNELL
Tribune Business Editor
The Nassau Airport Development Company (NAD) is talking to potential investors still exploring the feasibility of constructing a hotel at the Lynden Pindling International Airport (LPIA), Tribune Business can reveal.
In an exclusive interview this week, Stewart Steeves, NAD's president and chief executive, confirmed that while there was "nothing concret...
Freeport Grand Bahama Island, Pelican Bay Hotel announces special Conchman Triathlon rates packages:
Room rates: Waterside Room, inclusive of daily Buffet Breakfast
o $120.00 - single
o $135.00 - double
Hotel check-in time is after 3:00PM on the day of arrival.
Check-out time is before 11:00AM on the day of departure.
rates are subject to the prevailing 10% Government Guest Room T...
By CHESTER ROBARDS
Guardian Staff Reporter
Bahamas Hotel Catering and Allied Workers Union(BHCAWU)members might not have their first general meeting until the end of the year, its general secretary toldThe Guardianyesterday, making it almost nine months since the new administration took office.
Darren Woods said the union is waiting for two financial audits to be completed by ...
Grand Bahama Island - Let Pelican Bay host your wedding in the Bahamas. Their tropical island setting and renowned hospitality combine to make your Caribbean wedding and honeymoon an unforgettable experience.
Atlantis "must" complete the refinancing of its multibillion-dollar debt by early June and needs "assurances and guarantees" from the government in order to do so, according to Atlantis President and Managing Director George Markantonis.
Markantonis told Guardian Business that managing the debt refinancing is "a very complicated process (that is) taking up a lot of our resources", and putting the ...
THE government's purchase of the Grand Lucayan resort will certainly boost economic activity on Grand Bahama with local MP Iram Lewis encouraging residents to be prepared not just as job seekers, but as entrepreneurs to service the property. Grand B
When the House of Assembly resumes in September after its summer break, Prime Minister, Dr. the Hon. Hubert Minnis will outline details pertaining to the sale of the Grand Lucayan resort...
THE Commonwealth Union of Hotel Services and Allied Workers believes the decision by Prime Minister Dr Hubert Minnis to purchase the Grand Lucayan Resort in Grand Bahama is good news for the union and its hundreds of members. President Michelle Dors