22 Year Old UB Student obtains funding for Electric Rental Car Company

· Two Major Financial Institutions vie for SBDC client to take a business loan from their commercial bank.
· Access Accelerator Small Business Development Centre makes good on the promise to get clients funding.
· Deputy Prime Minister reinforces his commitment to creating more Bahamian millionaires.
· Executive Director Davinia Blair says SBDC clients have been appr...

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'Off-resort' accommodation rentals up 18.7 percent

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UB student obtains funding for electric rental car company

The Access Accelerator Small Business Development Centre (SBDC) has successfully assisted Drive Green Rentals in receiving two offers for access to capital from local banks, in addition to grant and equity funding, for a total capital structure of $200,000. The electric car rental company joined [...]
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Will Vacation Rentals Surpass Hotel Bookings?

A just released Engel & Völkers data report giving the latest information on The Bahamas’ vacation rental market, also references a respected industry source that predicts by 2020 it will surpass the traditional hotel booking business...

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Report outlines significant growth in Bahamas' vacation rental market

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Canadian tourists hurt in rental motorbike crash

POLICE are investigating an accident that left two tourists with non life-threatening injuries yesterday evening.

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PM: Rental of Town Centre Mall a 'gift' to govt

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Hotel union boss says increased vacation home rentals bad for hotels

Although he is happy there has been an uptick in stopover visitors to The Bahamas this year, President of the Bahamas Hotel Catering and Allied Workers Union (BHCAWU) Darrin Woods said he's concerned about the increase in tourists choosing vacation homes over hotels and resorts. [...]
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Central Bank: Vacation home rentals to be given 'heightened' attention

The Central Bank of The Bahamas (CBOB) said in its June Monthly Economic and Financial Developments (MEFD) report that "heightened attention" will be given to vacation home rentals in order to ensure those offerings are of a quality fitting for the tourism market. The report [...]
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Tourist robbed of rental scooter on West Bay Street

A MALE tourist was robbed of a rental scooter while at West Bay Street, police said.This incident occurred less than three weeks after two tourists were robbed in the same area.Although Sunday's robbery follows what has appeared to be a cluster...

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