March 13, 2020
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A senior Royal Caribbean executive has confirmed it has yet to secure a crown land lease for its $110m Paradise Island project as he indicated a willingness to “co-exist” with rival developers in that area.
Royal Caribbean is aiming to triple its Bahamas arrivals to 6m by 2030, a senior executive disclosed yesterday, adding that this nation must seize its opportunity to become a “permanent” home port base.
Royal Caribbean yesterday pledged its Paradise Island investment will generate an extra $26m per year in visitor spending and “re-energise” downtown Nassau for the benefit of all stakeholders. Russell Benford, the cruise line’s vice-president of gov