Search results for : Timeshares
March 01, 2017
Study explores economic impact of local marina industry
In a bid to highlight the economic contribution of the marina industry to The Bahamas, an economic impact study sent to Guardian Business yesterday revealed that marina visitors and accommodation boaters account for about four percent of total stopover visitors to the country.
The study shows that marina visitors are only second to offshore boaters when it comes to the percentage of visitors stayi...
Baha Mar eyes Jan. hiring, aggressive marketing
December 14, 2016
Baha Mar eyes Jan. hiring, aggressive marketing
With an agreement inked to own and operate the long-troubled Baha Mar resort at Cable Beach, Chow Tai Fook Enterprises Limited (CTFE), a Hong Kong-based conglomerate, is preparing to start hiring in January, and pump tens of millions of dollars into an aggressive marketing effort, according to Graeme Davis, president of CTFE's Bahamas subsidiary.
"We are looking to ramp up very quickly," said Davi...
Excitement Over Tourism Rebounding
November 11, 2016
Excitement Over Tourism Rebounding
Ministry of Tourism (MOT) Grand Bahama and Grand Bahama Island (GBI) Tourism Board officials are elated that the island?s tourism product is on the rebound, following the devastation of Hurricane Matthew last month (October 6).
Royal Oasis and Bazaar hit further by hurricane
October 24, 2016
Royal Oasis and Bazaar hit further by hurricane
WHILE the island of Grand Bahama is now in restoration mode post Hurricane Matthew, the old Royal Oasis resort property and the International Bazaar in Freeport have fallen into further disrepair.
Hilton Worldwide reports 275K rooms in 'pipeline'
March 09, 2016
Hilton Worldwide reports 275K rooms in 'pipeline'
Hilton Worldwide Holdings Inc. has reported its 2015 results, which include stockholder income of $1.4 billion, management and franchise fees of $1.7 billion and 43,000 rooms added -- 13,000 rooms in the fourth quarter alone.
January 04, 2016
Hotel union to file trade dispute against Club Land'or
Bahamas Hotel Catering and Allied Workers Union Secretary General Darren Woods told Guardian Business that the union intended to file a trade dispute against Club Land'or yesterday (Monday) before the close of business, ending weeks of uncertainty over the next step for the 47 union members employed at the Paradise Island property.
GBITB appoints new executive vice president
January 07, 2015
GBITB appoints new executive vice president
Hotelier Rembert Albury has been named the new Executive vice president of the Grand Bahama Island Tourism Board (GBITB), after five years as a consultant and with a reputation for "unparalleled fiscal responsibility".
Albury is credited with helping to ensure the success of a joint airlift program with the Ministry of Tourism.
The announcement was made by GBITB Chairman Russell Miller.
"Albury b...
DNA Announces New Candidates At Street Meeting
November 04, 2011
DNA Announces New Candidates At Street Meeting
The Democratic National Alliance (DNA) is prepared to deliver our message of REAL CHANGE for ONE BAHAMAS to every Bahamian in every community. In that manner, we have hosted a "Street Meeting" on Thursday November 3 at the corner of East St. and Hay St........
Value for money key in shared ownership market
October 15, 2014
Value for money key in shared ownership market
The Bahamas remains virgin territory when it comes to shared ownership (as timeshare is increasingly becoming known), and as a destination with the potential to see booming business in that market, Neil Kolton, director of resort sales and marketing for Interval International, said he was concerned about the ability of the destination to consistently deliver value for money.
"It's a competitive la...
Construction sector must 'get its house in order'
June 01, 2011
Construction sector must 'get its house in order'
More than 50 percent of the thousands of construction workers in the country will be ill-prepared to capitalize on billions of dollars in opportunities if the Contractors Bill is not soon finalized.
President of the Bahamian Contractors Association (BCA) Stephen Wrinkle asserts it's never been more important for the country to ensure this bill - proposed to license and regulate the industry - gets...
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