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Hotel room demand continues to outpace room supply
July 12, 2023
Hotel room demand continues to outpace room supply
President of the Bahamas Hotel and Tourism Association Robert "Sandy" Sands said yesterday that the traditional slow season in The Bahamas this year could be anything but slow, as demand for a Bahamas vacation continues to outpace room supply.
Sterling Global in landmark hotel deal in Cayman
July 07, 2023
Sterling Global in landmark hotel deal in Cayman
Bahamas-based Sterling Global Financial Group and Pageant Beach Hotel Ltd. are building a landmark Grand Hyatt project in the Cayman Islands, according to a statement that reveals that the condo portion of the project is already more than 80 percent sold.
July 05, 2023
Bahamas-based Sterling Financial announces exciting new partnership to develop Grand Hyatt Grand Cayman Hotel & Residences
Sterling Global Financial Group and Pageant Beach Hotel Ltd. are pleased to announce their partnership with world-class construction and financing partners for the highly anticipated Grand Hyatt Grand Cayman Hotel & Residences. With the project well underway and the condominiums over 80% sold, only 22 prime condominium units remain available for sale at this remarkable development.
June 20, 2023
DPM urges Bahamian investors to help add to room capacity as hotels are full
TOURISM Minister Chester Cooper urged Bahamian investors to open their homes to help meet tourism demand, citing room capacity as a challenge due to high hotel occupancy rates.
Hotels support increase in NIB
June 13, 2023
Hotels support increase in NIB
HOTELS are in full support of an increase to the contribution rate for the National Insurance Board planned for next July, according to Robert Sands, the Bahamas Hotel and Tourism Association's president.
April 12, 2023
Mario Carey: Extend hotel benefits to Bahamian homeowners for short-term rentals for major economic boost, long-term improvement will affect all sectors
A leading businessman and innovative thinker focused on boosting Bahamian prosperity through entrepreneurship today proposed extending benefits afforded large properties serving the tourist market to individual Bahamian homeowners who demonstrate the ability to offer, maintain and manage satisfactory short-term vacation rentals.
January 04, 2023
Woods: Minimum wage increase a relief for largest block of hotel workers
Bahamas Hotel Catering and Allied Workers Union President Darrin Woods yesterday welcomed the new minimum wage, saying that the largest block of his union's membership stands to benefit from the increase.
BPL meeting with hotels a 'listening opportunity'
October 31, 2022
BPL meeting with hotels a 'listening opportunity'
BAHAMAS Power and Light CEO Shevonn Cambridge said today's meeting with hoteliers is more of a "listening opportunity".
HOTELS: HELP US TO DEAL WITH BPL HIKE - Meeting to discuss ways to mitigate rise in fuel costs
October 25, 2022
HOTELS: HELP US TO DEAL WITH BPL HIKE - Meeting to discuss ways to mitigate rise in fuel costs
HOTELIERS plan to meet with executives of Bahamas Power and Light next week to discuss ways to mitigate the effects of the increased fuel surcharge for hotels and large property owners.
Grand Bahamians encouraged to take advantage of hotel/casino licenses available to the island
August 25, 2022
Grand Bahamians encouraged to take advantage of hotel/casino licenses available to the island
Grand Bahamians were on Friday urged to take advantage of the three hotel/casino licenses that currently exist for the island, by Executive Chairman of the Gaming Board Dr. Daniel Johnson.
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