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Caribbean hotel rivals beat Bahamas' 5% RevPAR rise
By NEIL HARTNELL Tribune Business Editor The Bahamian hotel industry's 5 per cent revenue per room (RevPAR) increase for the first nine months in 2011 was overshadowed by greater rises in many Caribbean competitors, as an industry consultant yesterday to
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Caribbean hotel rivals beat Bahamas' 5% RevPAR rise
By NEIL HARTNELL Tribune Business Editor The Bahamian hotel industry's 5 per cent revenue per room (RevPAR) increase for the first nine months in 2011 was overshadowed by greater rises in many Caribbean competitors, as an industry consultant yesterday to
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CARIFTA swimming team named
AFTER the completion of its final trials over the weekend at the King’s College School’s 25-metre pool, Bahamas Aquatics has selected a quality 36-member team on their quest to win a sixth straight CARIFTA swimming championship title.
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ERIC WIBERG – Palowna & Orestes, 1826 Spanish slavers wrecked in The Bahamas
MANY slave ships met their end in the Bahamas, but not many know of an awkward period between when Britain outlawed the trade in slaves in 1807, and slavery itself, in 1834.
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Spartans win Baha Mar Hoops crown
University of North Carolina at Greensboro Spartans’ forward Mikeal Brown-Jones called the Baha Mar Hoops Nassau Championships one of the greatest tournaments he’s ever played in.
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WORLD VIEW – Red Sea crisis: Houthi attacks raising prices worldwide
UP until a few weeks ago, the Red Sea and Yemen held little significance for the peoples of Latin America and the Caribbean.
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GSSSA: Rattlers close out season strong
THE CI Gibson Rattlers senior girls and boys closed out the Government Secondary Schools Sports Association (GSSSA) basketball regular season in good standing on Friday.
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Downgrade forces NAD debt reserve ‘doubling’ to $38m
The Nassau Airport Development Company (NAD) has been forced to double its debt reserve to $38 million after losing its ‘investment grade’ credit rating, the Minister of Tourism revealed yesterday.
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'No sense' in new Govt's redundancy cap increase
Private sector executives yesterday warned that the Minnis administration’s plans to increase the 12-month redundancy pay ‘cap’ would further endanger an economy already “in deep trouble”.Peter Goudie, an employment and labour relations specialist wi
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Tourism Minister's 'concern' at airport security demands
The Minister of Tourism yesterday admitted that the short timeline given to meet enhanced US aviation security demands was “causing concern”, with the greatest impact likely to be felt at Family Island airports.Dionisio D’Aguilar told Tribune Busines
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INSIGHT: Send hardcore criminals to Family Island prison
Former Assistant Police Commissioner Paul Thompson concludes his series on policing in the Bahamas by examing the rehabilitation of offenders.
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Water Corp’s $159m subsidy driven from 2/3 ‘cost recovery’
The Water & Sewerage Corporation’s revenues cover just two-thirds of its operating expenses because its prices have not been increased for 18 years, costing Bahamian taxpayers $159 million over a five-year period.
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Nintendo Switch’s big challenge: Luring casual gamers
With three kids and constant travel for work, John Hussey jumped at the chance to play an open-world adventure game like “The Legend of Zelda: Breath of the Wild” anywhere, anytime.
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Consumer chief to banks: ‘We can’t take all of this’
The Consumer Protection Commission’s chairman is openly questioning whether Bahamians benefit from foreign-owned banks, and urged this country to “get to the position where we say enough; we can’t take all of this”.
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PLP chair branded ‘delusional’ as debt ratio soars to 78%
Bradley Roberts was yesterday branded “delusional” for asserting that the Christie administration had “rescued the Bahamas from the brink of the fiscal cliff”, after it emerged that this nation’s debt-to-GDP ratio ended 2016 at 78 per cent.
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TEAM BAHAMAS ‘PERFORMED VERY WELL’
JIMMY Norius, Paul ‘Mighty Mouse’ Wilson and Alberto Armbrister said it was one of the most impressive team performances they ever experienced over the weekend at the International Federation of Bodybuilding and Fitness Diamond Cup Caribe in the Dominican Republic.
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Tourism ‘weakens’ as LPIA traffic off 6.5%
The Central Bank believes Bahamian tourism industry performance in the 2017 first quarter “weakened” compared to last year, with passenger traffic at Lynden Pindling International Airport (LPIA) down 6.5 per cent.
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INSIGHT: China’s debt trap diplomacy
Accepting promises of benevolent investment and easy credit from China are coming back to haunt developing countries. Brahma Chellaney reports from India . . .
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Lucayan chair slams 'nasty, torturous' close
The Grand Lucayan’s chairman yesterday accused Hutchison Whampoa of displaying “a lot of bad faith” over the $65m deal’s closing, branding negotiations as “nasty and torturous”.Michael Scott, chairman of Lucayan Renewal Holdings, the Government-owned
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‘Catastrophic’ if latest COVID wave runs free
The hotel union’s president yesterday warned it would be “catastrophic” for Bahamian tourism and the wider economy if the country fails to control the latest COVID-19 outbreak.