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Atlantis eyes $500m in fresh investment
Atlantis is on target to “exceed” 90 percent of pre-COVID occupancy levels for the 2022 full year, a senior executive has revealed, as it eyes “well over $500m” in new investment for this decade.
Atlantis beats revenue goals, targets ‘strong’ 2023 first half
Atlantis continues to beat its revenue targets and is predicting a strong 2023 first half, a senior executive has revealed, with the wider resort industry bracing for 90 percent-plus occupancies over the Christmas and New Year period.
'Greater risk' for insurers if 90-day cover eliminated
Eliminating 90-day “cover notes” will fail to curb uninsured drivers while increasing the risk faced by insurance companies, the Bahamas Insurance Association’s (BIA) chair warned yesterday.Emmanuel Komolafe told Tribune Business there was a mistaken
Scotiabank: $80m mortgages restructured in 18 months
Scotiabank (Bahamas) yesterday disclosed it had managed to restructure more than $80 million worth of mortgages, held by over 500 customers, within the last 18 months, telling Tribune Business just 5-6 per cent of that number had fallen back into delinquency.
sports inbrief
BASEBALL: JBLN SEASON BREAK DUE to the mid-term break at St Andrew's School, the Junior Baseball League of Nassau will take this weekend off from its regular season action. Play is all set to resume 7pm on Wednesday, February 22 with a Major League (11-
By George, stadium shows we've got it!
EDITOR, The Tribune. My friend, Bishop Neil Ellis told me: "There comes a time, which when it comes, will define your life for the rest of your life." Could it be that time came for the Bahamas on February 25, 2012 at the opening of the Thomas A Robinso
By George, stadium shows we've got it!
EDITOR, The Tribune. My friend, Bishop Neil Ellis told me: "There comes a time, which when it comes, will define your life for the rest of your life." Could it be that time came for the Bahamas on February 25, 2012 at the opening of the Thomas A Robinso
sports inbrief
TENNIS BRAJAXBA TOURNEY THE Brajaxba Tennis is slated to hold its Winter Classic 11 Junior Tournament at National Tennis Centre this weekend. The deadline for entry is Friday. Action is scheduled to start at 10am Saturday. Competition will be held in the
sports inbrief
TENNIS BRAJAXBA TOURNEY THE Brajaxba Tennis is slated to hold its Winter Classic 11 Junior Tournament at National Tennis Centre this weekend. The deadline for entry is Friday. Action is scheduled to start at 10am Saturday. Competition will be held in the
Butler-Turner insists that Long Island will recover
AS REBUILDING efforts begin to take shape in Long Island, area representative Loretta Butler-Turner held the second in a series of town meetings, working to ensure that all concerns raised by residents are heard.
Cruise port 90 percent completed and expected to be ready for May completion
THE new Nassau Cruise Port is more than 90 percent completed, according to its chief executive officer Michael Maura who said the port’s opening remains on schedule for the last week of May.
Long Island bananas: 80-90% destruction
While Long Island farmers likely lost 80-90 per cent of their banana crop due to Hurricane Sandy, Tribune Business was told yesterday, but many homes and businesses were likely to be “back to normal in a few days”.
‘Up to 90%’ of BPL staff in Cat Island test positive
THE president of Bahamas Electrical Workers Union has confirmed that up to 90 percent of Bahamas Power and Light staff on Cat Island have tested positive for COVID-19.
New Year's occupancies at 90-100% in Out Islands
Boating traffic drove New Year's occupancies at Family Island resorts as high as 90-100 percent, hotel managers said yesterday, but New Providence properties did not fare as well.
90 days more for Ragged Island water
RAGGED Island residents will have to wait another 90 days before water supply on the island is back to normal, Water and Sewerage Corporation Assistant General Manager of Family Island Operations Cyprian Gibson told The Tribune yesterday.
90% of taxes to go via Central Revenue Agency, Customs
THE Government is proceeding with plans to establish a Central Revenue Agency (CRA) that will collect all taxes bar Customs duties, a Cabinet Minister saying that together the two departments would receive 90 per cent of all due revenues.
Water Corp to cut Consolidated debt to under 90 days
THE Government is aiming to reduce the Water & Sewerage Corporation’s (WSC) arrears with BISX-listed Consolidated Water, its main supplier, to just under 90 days, after approving a $20 million subsidy for the 2014/2015 fiscal year.
Roadworks project to continue
THE government is not expected to stop or reverse current road works since the project is 90 per cent complete - but it is still under review according to the
Hotels looking to extend lay-offs
The Bahamian resort industry is awaiting the government’s formal response to concerns that hotels will be forced to pay full termination pay to staff when the mandatory 90-day period expires. Michael Reckley, executive vice president of the Bahamas
ingraham pays tribute to ‘proud son of the Bahamas’
FORMER Prime Minister Hubert Ingraham also gave condolences in the wake of Sir Sidney Poitier’s death.
