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Fair share: Hotel rental unit tax not in effect yet
A key Budget measure designed to ensure hotel rental pool units pay their fair share of taxation has yet to be implemented amid the wait for legislation to give it lawful effect.
‘Banner year’: Resorts beat revenue target by 10% pts
Resorts on major Family Islands are targeting “a banner year” in 2023 after room revenues through to end-October beat the industry’s post-COVID target by ten percentage points.
Bahamas 4th overall
CARIBBEAN BASEBALL CUP
Team Bahamas finished the 2022 Caribbean Baseball Cup in fourth place and missed out on an opportunity to qualify for the 2023 Central American and Caribbean Games.
Nassau/PI hotels enjoying 136% room revenue jump
ROOM revenues for Nassau/Paradise Island hotels have increased by 136 percent year-over-year in 2022, it has been revealed, with non-US source markets also producing triple digit percentage increases in visitors.
‘New farming model’ to aid 57,000 trapped in poverty
A “new food production model” will aid up to 57,000 poverty-stricken Bahamians through the location of ten hydroponic container farms “in poor and vulnerable communities”, it has been revealed.
Shamar Burrows earns player of the week honours
SHAMAR Burrows concluded the first semester of the Atlantic University Sport basketball season with a conference-wide honour.
Marinas suffer 40% or more business plunge
Bahamian marinas were yesterday said to have suffered up to a 40 percent or more decline in business that is being blamed on VAT’s imposition on yacht charter fees.
‘Buddy’ Hield scores 26 pts in 121-115 loss to Timberwolves
MINNEAPOLIS (AP) — D’Angelo Russell had 15 of his 28 points in the fourth quarter. Anthony Edwards scored 26 points and the Minnesota Timberwolves held on to beat the Indiana Pacers 121-115 last night.
Albury, Greene lead team to wins
THE Chipola coaching staff has raved about the contributions of its Bahamian stars as the team has continued its undefeated season and risen as high as no.4 in the national junior college rankings.
ALICIA WALLACE: Having a tough time choosing presents? Here are some ideas
THE holiday season is one that many look forward to all year. There are beautiful lights, lots of events, and the anticipation of giving and receiving gifts. There always seems to be a rush to check off all the items on our lists in the three weeks before Christmas.
‘Buddy’ reaches another career 3-point milestone
Chavano “Buddy” Hield reached another career milestone, another addition to his résumé as one of the top three-point shooters in the NBA.
NCAA: Bastian shy of double double, Hunter scores nine
SEVERAL Bahamian players had season best performances with their respective teams in NCAA Division I basketball.
FACE TO FACE: A humble start and a steady climb
HE had at his disposal some of the most auspicious mentors one could ask for. He came from humble beginnings, but lived in a loving home.
Auto sector’s 20% rise beats ‘outrageous’ shipping costs
Bahamian auto dealers yesterday predicted new vehicle sales will close 2022 some 15-20 percent ahead of last year after the industry overcame “outrageous” shipping cost hikes and inventory shortages.
Bimini ‘diamond in rough’ in $10m transformation
A well-known Bimini condo hotel has closed for a $10m overhaul that will near-triple existing marina slips and “polish a diamond in the rough”, its developer revealed yesterday.
Sailing for science
OFFICIALS yesterday praised the STEM for the Oceans programme that hosted 80 students and others on board the world’s largest cruise ship, calling the initiative something that speaks to the bright future for Bahamian natural resources.
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.
5th ‘Best of the Best Regatta’ winners are Susan Chase V, Running Tide, Captain Peg, Sassie Sue
THE fifth Best of the Best Regatta returned to Montagu for the first time in two years featuring the top sloop sailors in the island nation.
‘Headroom for growth’: Tourism forecast to hit regional average
A senior hotelier yesterday said The Bahamas “still has some headroom for tourism growth” post-COVID amid forecasts its annual expansion rate will merely match the Caribbean average for the next decade.
