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NASSAU HOTELS TO 'HOIST' ADR

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net The Nassau/Paradise hotel industry is aiming to "hoist" average daily room rates (ADRs) in 2012 to drive further room revenue increases, as nights sold and room revenue in December

BTC and Cable Bahamas oppose URCA's publication of accounts

BTC and Cable Bahamas oppose URCA's publication of accounts By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE publication of separate accounts and cost accounting information is being opposed by the Bahamas' two leading commun

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Business to take roadworks battle to Privy Council

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net BUSINESS owners who took the Government to court over Baillou Hill Road and Market Street's transformations into one-way streets say they plan on taking their case to the Privy Coun

LOI controversy firm’s ‘big chance’ to revive project

The company at the centre of the Letter of Intent (LoI) controversy over its proposed $650 million waste-to-energy plant yesterday said PowerSecure International’s selection as BEC manager gives it a “huge opportunity” to revive the project.

QC tells the web shops: Form own credit union

A prominent QC has called on web shop gaming operators to establish their own credit union, as blasted the Canadian-owned banks’ refusal to accept the sector’s deposits as making “no sense whatsoever”.

Air cargo costs to rise ‘tremendously’

Bahamians were yesterday warned that the cost of imported air freight will increase “tremendously” as a result of the new Customs fees and fines set to be imposed on operators from today.

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