Story
Resort revenue growth relies on 5-7% room rate increases
THE BAHAMAS is relying on a 5-7 percent increase in room rates (ADRs) to drive resort revenue growth in 2024 due to limited opportunities to expand occupancies, a senior hotelier has revealed.
Story
Developer eyes second price rise after hitting $15m in sales
A SOUTH-west New Providence development yesterday revealed it will increase prices for the second time “in a few weeks” after earning $15m from selling 35 percent of its available lots within five months.
Story
Providers back competition rules move ‘with open arms’
THE move by utilities regulators to consolidate competition supervision with an increased focus on ‘after the fact’ investigations has been welcomed “with open arms” by operators.
Story
Water Corp couldn’t ‘bolt all doors’ on union chief
THE Water & Sewerage Corporation could not be expected to “bolt all doors” to keep out a former union president who disobeyed orders to go on vacation by continuing to work, the Court of Appeal has ruled.
Story
‘Huge blow’ if no Stella Maris purchaser found
LONG Island’s chief councillor yesterday said the island will suffer a “huge blow” if a buyer cannot be found for the Stella Maris resort.
Story
Gov’t yet to decide over Abaco ports
A CABINET minister yesterday said the Government has yet to make a final decision on the two proposals it received to operate and manage North Abaco’s port.
Story
'Very confusing' boat fees needing urgent resolution
Bahamian maritime operators yesterday warned the Government "urgently needs to resolve" the fall-out from the "very confusing" suspension of 1,000 percent and greater hikes in boat registration fees.
Story
Boy killed in Pinewood shooting was ‘no bad boy’
A GAS tank exploded when gunmen shot up a house in Pinewood on Sunday, preventing the murder victim and his injured friend from evading the shooters, according to a neighbour who hid himself during the ordeal.
Story
EDITORIAL: What is govt’s end game in GBPA row?
WHAT is the government trying to achieve with its ongoing dispute with the Grand Bahama Port Authority?
Story
Realtors say ‘no such thing as ease of doing business’
PROMINENT realtors say “there’s no such thing as ease of doing business in The Bahamas” with the time required to close property deals having increased four to six-fold.
Story
Baha Mar contractor denies $2.4m ‘bribe or conspiracy’
ATTORNEYS for Baha Mar’s main contractor dismissed claims that $2.4m paid to a company run by the son of Perry Christie’s senior adviser represented “a bribe or conspiracy” to influence the then-government.
Story
GBPA ‘hostile takeover sends wrong message’
THE Opposition’s leader is warning the Government it will “send the wrong message” to investors if it attempts a “hostile takeover” of the Grand Bahama Port Authority (GBPA) via arbitration demands.
Story
‘High time’ to find Stella Maris buyer at $11.75m
A LONG Island resort’s principal yesterday said “it’s high time to put it in the hands” of an owner able to take it to four-five star status once the $11.75m asking price is met.
Story
Woman’s pandemic job loss becomes a ‘Litable’ success
RISHAUN Bowe was laid off from her server job due to the COVID-19 pandemic, but the job loss turned out to be a silver lining when it pushed her to start her own frozen drink business called “Litables”.
Photo
Photo
Photo
Photo
Story
Tributes paid to Dr Elwood Donaldson, who died age 86
TRIBUTES were paid over the weekend to Dr Elwood Donaldson, the former parliamentarian and nation builder who died at 86.
Story
Rohan inks deal with Washington Nationals
Rohan Culmer, FTF Class of 2024 prospect, signed the dotted line on his professional contract to join the Washington Nationals on Saturday at the Andre Rodgers National Baseball Stadium.
