Category: Hotel News
Graycliff Expand Boutiques To US Airports
Graycliff is in “very advanced talks” to expand its airport boutique lounge concept to three other major US airports, Tribune Business was told yesterday, an initiative that could yield up to 10 new properties and 150 jobs with the Bahamas-based company having already invested $1 million in its existing network.
Profits Up 77% For Airport Developer
The company charged with overseeing Lynden Pindling International Airport’s (LPIA) $409.5 million transformation saw its fiscal 2009 net income increase by 76.8 per cent to $10.308 million, with the costs for the redevelopment’s final two stages pegged at $127.9 million and $83.5 million respectively.
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