October 8, 2012
The Grand Lucayan Resort.
Stories this photo appears in:
Lucayan sold - but ‘GB needs more’
As the Grand Lucayan Resort’s sale was announced on Tuesday, the Grand Bahama chamber president, James Carey, said “more is needed” for Grand Bahama than just the sale.
Govt to take stake in Grand Lucayan
PRIME Minister Dr Hubert Minnis revealed in his national address last night the government is negotiating to become temporary joint owners of the Grand Lucayan Resort in Grand Bahama in a bid to boost the hotel until it can sell off its equity.
Grand Lucayan nationalisation is ‘not out of bounds’
The Deputy Prime Minister yesterday did not rule out the Government ‘nationalising’ Freeport’s Grand Lucayan resort, after a prominent attorney said such action is “not out of bounds”.
Govt ‘almost there’ on Grand Lucayan
The Government feels it is “almost there” in resolving the Grand Lucayan resort’s fate, a Cabinet Minister yesterday saying negotiations had reached “a good but very sensitive” stage.
Grand Lucayan operator in talks with reef maker
A US-based underwater attraction developer is in talks with Blue Diamond Resorts over creating an artificial reef world at its Grand Lucayan hotel property, an executive telling Tribune Business yesterday it was “very keen” on developing its product in the Bahamas.
Economic crisis in Freeport: a call to action
THE premise for this article is that given the economic crisis now affecting Freeport and Grand Bahama, an Action Task Force Committee be formed under the direction and auspices of Government, the GBPA and Licensees to determine and effect both a Short Term Solution and a Long Term Solution, which will include the formation, for the long term, of a professional marketing organization to be formed and paid for by the GBPA/GBDevco in accordance with their covenants made to Government and the people of The Bahamas in the Hawksbill Creek Agreements of 1955 and of 1960 and in the Freeport, Grand Bahama Act, 1993 to promote Freeport and Grand Bahama for the benefit of the Country.
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