Search results for : outlook 2010
Poll shows over half of hotels unprofitable in 2013
February 14, 2014
Poll shows over half of hotels unprofitable in 2013
More hotels failed to turn a profit in 2013 than were able to do so, with slipping profitability last year reversing a four-year trend of improving income in the Bahamian tourism industry, according to the Bahamas Hotel and Tourism Association, whose president yesterday expressed "great concern" about the decline in hotel performance.On the brightside, the industry is more positive than it's been ...
Markantonis: Outlook is grim, bookings are not
September 26, 2011
Markantonis: Outlook is grim, bookings are not
Although Atlantis is concerned about the global economy, the resort's chief says two strong avenues of business are keeping heads above water - group sales and the Latin American market.
George Markantonis, President and Managing Director of Kerzner International Bahamas Ltd., told Guardian Business he expects, by year end, group business will have risen 35 percent compared to 2010.
"The outlook i...
Mid-Year Budget Statement 2010/2011
February 23, 2011
Mid-Year Budget Statement 2010/2011
I am pleased to make this Mid-Year Budget Statement for the six-month period July 1 - December 31, 2010.
It is a matter of best practice that we come to Parliament to provide an update on the state of play of public finances at mid- year.
February 24, 2011
Ministry of Finance - 2010/2011 Mid-Year Budget Statement (pdf)
INTRODUCTION
I am pleased to make this Mid-Year Budget Statement for
the six-month period July 1 - December 31, 2010. It is a matter of best
practice that we come to Parliament to provide an update on the state of
play of public finances at mid- year.
THE ECONOMIC ENVIRONMENT
Global Economic Developments and Outlook
In the 2010/11 Budget Communication, I reiterated that, as with other
gove...
Hotels: 2/3 incur net loss in 2010
February 16, 2011
Hotels: 2/3 incur net loss in 2010
By NEIL HARTNELL
Tribune Business Editor
Almost two-thirds of Bahamian hotels, some 63 per cent, expect to incur a net loss once their audited financials for 2010 are completed, a Bahamas Hotel Association (BHA) survey has revealed, although between 60-70 per cent of resorts said key performance indicators were expected to either slightly improve or remain flat in 2011.
With the BHA's 2010 revi...
Bahamas Business Outlook to Celebrate 20 years
November 25, 2010
Bahamas Business Outlook to Celebrate 20 years
Nassau, Bahamas - The Bahamas - Marking
its 20th anniversary, Bahamas Business Outlook (BB0) is scheduled to
take place January 13, 2011 at the Wyndham Nassau Resort, Cable Beach.
It
was in 1992 that The Counsellors Ltd, (TCL) developers and organizers of BBO,
launched the forum, with Ernst & Young, chartered accountants. Widely regarded as the foremost event of
its kind, BBO was created to assem...
Exuma Business Outlook Fast Approaching
October 19, 2010
Exuma Business Outlook Fast Approaching
The Bahamas - The
5th Annual Exuma Business Outlook is set for Wednesday, October 27,
at Sandals Emerald Bay, with the theme:
"Restore Exuma: Sustainability
there, greater sustainability everywhere,' and Exumians are in full anticipation
as to what this year's conference will bring. Conference organizer, Joan
Albury, president of The Counsellors Ltd, is looking forward to a lively and
informative...
Business Outlook Putting the Spotlight on Exuma
October 13, 2010
Business Outlook Putting the Spotlight on Exuma
The Bahamas - The
island of Exuma once possessed one of the most vibrant economies of all the
communities of The Bahamas. Organizers of the 5th Annual Exuma
Business Outlook (EBO) say that the object of this year's forum has secured the
participation of strategically placed speakers who will highlight Exuma's once
thriving society and what is being done to restore and improve it for the
benefit of...
Stage set Exuma Business Outlook
October 08, 2010
Stage set Exuma Business Outlook
By JAMMAL SMITH
Guardian Business Reporter
jammal@nasguard.com
Economic opportunities for Exuma will be explored at the island's Business Outlook this month, where professionals from various sectors in the country will share their views on the future of the island.
The Exuma Congress, an exiting new community initiative, will also be introduced.
Under the theme"Restore Exuma: Sustainability There...
Central Bank: Unemployment to remain high
October 07, 2010
Central Bank: Unemployment to remain high
By INDERIA SAUNDERS
Guardianâ Business Reporter
inderia@nasguard.com
The Central Bank is sticking to its earlier predictions that modest growth is expected from 2011, with unemployment levels set to remain high in the near term.
It's information coming down in the bank's monthly report for August 2010.
"Expectations are that the domestic economy will continue to stabilize over the remainder...
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