Category: BHA News

The $867 million South Ocean redevelopment’s new managing partner yesterday pledged to “end the impasse in this project” for the benefit of the Bahamian people, after an International Arbitration Tribunal ruling blasted its predecessor for leaving the development in a “shambles”, ordering it to repay almost $3 million.
…Continue readingInvestor To Save South Ocean

FAMILY Island hotels are lauding the Ministry of Tourism’s Free Family Island Fare promotion, with some owners telling Tribune Business they think it could “markedly” increase foreign and domestic tourism.
…Continue readingFamily Island Resorts Laud Tourism Promo

Thursday, April 8, 2010
9:30am
Wyndham Nassau Beach Resort
Eleuthera Room

…Continue readingBHA Board & Membership Meeting

BAHA Mar’s 1,000-acre resort campus will no longer house only Starwood properties but multiple brands, it was revealed yesterday, following the announcement that the deal to move the project forward had been signed in Miami with Chinese investors. The $2.6 billion redevelopment is expected to create 2.3 million new visitor nights.
…Continue readingBaha Mar To House Multiple Brands

The Government was yesterday urged to “embrace” the $2.6 billion Baha Mar project and do everything they can to ensure it happens, a former Chamber of Commerce president telling Tribune Business the development was something “the economy so desperately needs”.
…Continue readingBusiness Community Says ‘Embrace Baha Mar’

Baha Mar yesterday pledged to award all contracts for the $200 million first phase construction of its $2.6 billion Cable Beach redevelopment to Bahamian contractors, providing more than 250 jobs during the first 12 months of work, with some 3,300 locals set to gain work over the three-and-a-half year building phase.
…Continue readingBaha Mar Pledges $200M Construction To Bahamian Contractors

The true scale of the physical transformation that the $2.6 billion Baha Mar will bring to the Cable Beach area has been unveiled by its top brass.

And one familiar sight on West Bay street will definitely change, with the Wyndham to become a smaller hotel after two towers are ripped down to make way for the mega-resort.
…Continue readingWyndham Has Future As Boutique Hotel

The Bahamian Contractors Association has welcomed the news of Baha Mar securing a minority partner, with the group already looking at strategies to work out language barriers with the thousands of Chinese workers approved to work on the project.
…Continue readingBahamas Contractors Welcome Baha Mar Project

“This one of a kind project is a godsend for The Bahamas.” That was the message from Baha Mar chiefs as they revealed that phase one of the multi-billion dollar project will be given exclusively to Bahamian contractors.
…Continue readingBaha Mar To Benefit Bahamas Economy

SAN JUAN, Puerto Rico — A stalled mega-resort in the Bahamas seems back on track after a Chinese bank arranged a $2.5 billion financing deal, a boost for the archipelago whose tourism-dependent economy has been slammed by the global slump.
…Continue readingBahamas Mega Resort Deal Inked