July 3, 2014
George Markantonis elaborating on the joining of Atlantis, Paradise Island with Marriott International Hotel Portfolio. Lamond Johnson/Tribune Staff Reporter
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Atlantis’s 4.5% Xmas rate rise beats hotel norm
Atlantis has seen a “quite substantial” 4.5 per cent year-over-year increase in average daily room rates (ADRs) for the upcoming peak Christmas/New Year season, a growth rate exceeding industry norms.
Atlantis eyes 100k extra room nights in Marriott tie-up
Atlantis is hoping its 10-year franchise deal with Marriott International will generate an extra 50,000-100,000 room nights per year, its top executive describing the agreement as “the most significant tourism stimulus for the Bahamas this decade”.
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