Author: editor

The resort complex’s President Graeme Davis said yesterday that the increase in power costs have had a “significant” impact on Baha Mar’s profitability.…Continue readingBaha Mar Pres: Increase in BPL Bills Significantly Impacting Resort’s Profitability

The Department of Inland Revenue (DIR) has created a new office called the Large Taxpayer Unit (TLU) to service solely the 50 biggest companies.…Continue readingDIR Develops Large Taxpayer Unit for the 50 Largest Companies

The Ministry of Finance’s top official and a senior airline executive yesterday clashed over fears that Customs overtime fees will undermine The Bahamas’ ambitions to attract airlift “outside of peak hours”.…Continue readingFears ‘Non-Peak’ Airlift Undermined Spark Clash

Eyewitness News talks to Graeme Davis at Baha Mar about how rising utility costs and disruptive blackouts are affecting the hotel industry.…Continue readingVideo Clip: Hotels Struggling with Utility Costs and Blackouts

President of the BHTA Robert “Sandy” Sands says that unreliable power generation is hurting tourism in the Family Islands.…Continue readingSands: Unreliable Power is Hurting Tourism in the Family Islands

resident of the Bahamas Hotel and Tourism Association Robert “Sandy” Sands told members of the media yesterday that unreliable power generation, and in many instances a lack of standby power generation, is hurting the tourism product in the Family Islands.…Continue readingUnreliable Power Hurting Family Island Tourism, Says Sands

President of the Bahamas Hotel and Tourism Association Robert “Sandy” Sands said yesterday that the traditional slow season in The Bahamas this year could be anything but slow, as demand for a Bahamas vacation continues to outpace room supply.…Continue readingHotel Room Demand Continues to Outpace Room Supply

The golden jubilee celebrations marking 50 years since The Bahamas became an independent nation, certainly provided a positive stimulus this month for the tourism sector.…Continue readingSands: Independence Celebrations Boosted Hotel Occupancies