New bridge opened at Lucayan National Park

The culmination of an 11-month project was realised on Thursday at the official opening of the newly constructed bridge at Lucayan National Park in eastern Grand Bahama. The event, attended by government officials and Bahamas National Trust representatives, was greatly anticipated as the bridge plays a vital role in the tourism product of Grand Bahama.

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Lucayan's 1m staff debt safe

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Govt pleased with progress toward closing Grand Lucayan deal

The 60-day due diligence period for the agreement Lucayan Renewal Holdings Ltd. entered into with Electra America Hospitality Group for the purchase of the Grand Lucayan resort at a cost of $100 million has been extended beyond the July 9 deadline as Electra has a right to another 15 days, according to LRH Chairman Julian ...

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Grand Lucayan sale process progressing 'very well'

Minister of Tourism, Investments and Aviation Chester Cooper said yesterday that drafts of the government's heads of agreement and purchase agreement for the sale of the Grand Lucayan resort on Grand Bahama are expected to be reviewed by the Office of the Attorney General this week. He said negotiations with Electra America Hospitality Group are ...

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Design firm seeking to completely 'reposition' Grand Lucayan

OBMI and its design arm UCO Studio have been creating unique concepts for projects across The Bahamas and the world, and are now taking on one of the country's most anticipated redevelopments, the Grand Lucayan resort, the company's principal Eric Ullmann told Guardian Business yesterday.

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Scott feels vindicated in stance on original Grand Lucayan deal

With the details of the Minnis administration's deal with Bahamas Port Investments Ltd. (BPI) for the sale of the Grand Lucayan now revealed, former Chairman of Lucayan Renewal Holdings Michael Scott said yesterday that he felt vindicated in his long-held belief that it was "a bad deal" for the Bahamian people.

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FNM welcomes Grand Lucayan deal with 'very cautious' optimism

FORMER state finance minister Kwasi Thompson said the announcement that the Davis administration has found a purchaser for the Grand Lucayan is reason for "very cautious" optimism.

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Union officials frustrated by Grand Lucayan sale delay

THE delayed sale of the Grand Lucayan hotel in Grand Bahama is being watched closely with frustration and optimism by local hotel union officials.

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Lucayan purchase 'economic rebirth'

ATTORNEY General Carl Bethel staunchly defended the government's decision to purchase the Grand Lucayan resort, insisting the move will prove to be the foundation for "a full fledged economic rebirth" in Grand Bahama...

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Heads of Agreement Signed for Grand Lucayan Purchase

Today’s signing is a wonderful day for the Bahamian people and for the residents of Grand Bahama in particular...

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