Bahamas Hotel & Tourism Association

Government has reaffirmed its commitment to properly regulate vacation home rentals – which includes homes listed on popular website Airbnb – with Prime Minister Dr. Hubert Minnis stating that these types of operations have been operating outside of The Bahamas’ regulatory environment for years.

Deputy Prime Minister and Minister of Finance Peter Turnquest said his government is hoping to cut the process of starting a business down to less than five to seven days by creating a “one-stop shop” that will carry out the processes required to have a properly licensed business.

The government’s plans for the Bahamas Agriculture and Marine Science Institute (BAMSI) will enable the Andros facility to focus on the production of select quality products for local and export markets, according to Prime Minister Dr. Hubert Minnis.

Highlighting that more diversification is needed in the tourism industry, Prime Minister Dr. Hubert Minnis promised to revitalize Nassau and construct a native food market Over-the-Hill as part of his strategic plan to boost the economy and promote culture.