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SANDALS SAYS $84-$85M SPENT ON EMERALD BAY
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net SANDALS has invested between $84-85 million in its Emerald Bay property on Exuma to date, its chairman telling Tribune Business the resort's occupancy levels were in the 70 per cent
SANDALS SAYS $84-$85M SPENT ON EMERALD BAY
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net SANDALS has invested between $84-85 million in its Emerald Bay property on Exuma to date, its chairman telling Tribune Business the resort's occupancy levels were in the 70 per cent
Sandals to expand $23m hotel by 50%
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net SANDALS Resorts International yesterday disclosed it is expanding its high-end, luxury boutique resort on Fowl Cay in the Exumas by 50 per cent through adding three villas, having i
Sandals to expand $23m hotel by 50%
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net SANDALS Resorts International yesterday disclosed it is expanding its high-end, luxury boutique resort on Fowl Cay in the Exumas by 50 per cent through adding three villas, having i
BAIC: 95% OF INDUSTRIAL PARK TENANTS IN DEFAULT
By NATARIO MCKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net NINETY-FIVE per cent of tenants at the Bahamas Agriculture and Industrial Corporation's (BAIC) Soldier Road Industrial Park are delinquent on rental payments, the park's manager has
BAIC: 95% OF INDUSTRIAL PARK TENANTS IN DEFAULT
By NATARIO MCKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net NINETY-FIVE per cent of tenants at the Bahamas Agriculture and Industrial Corporation's (BAIC) Soldier Road Industrial Park are delinquent on rental payments, the park's manager has
BAIC: 95% OF INDUSTRIAL PARK TENANTS IN DEFAULT
By NATARIO MCKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net NINETY-FIVE per cent of tenants at the Bahamas Agriculture and Industrial Corporation's (BAIC) Soldier Road Industrial Park are delinquent on rental payments, the park's manager has
Excise Tax snafu stymies start-up's 60 hires plan
A Bahamian-owned tobacco manufacturing start-up said yesterday it would pursue legal action as a “last resort” if it is unable to obtain an Excise Tax exemption on domestic sales, adding that its business model had been thrown “totally out of whack”.
PORT IPO HOLDING $1,150 MAXIMUM
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net MORE than 95 per cent of share subscriptions in the Arawak Port Development Company's (APD) $10 million initial public offering (IPO) were from individual investors, with subscripti
$10m Port IPO hits the road
The roadshow for Arawak Cay Port Development's (APD) $10 million initial public offering (IPO), which kicked off last week, has received significant public interest, the company says. APD began the meetings at the Harry C Moore Library in Nassau, and the
$10m Port IPO hits the road
The roadshow for Arawak Cay Port Development's (APD) $10 million initial public offering (IPO), which kicked off last week, has received significant public interest, the company says. APD began the meetings at the Harry C Moore Library in Nassau, and the
HOTELS TO 'BEAT' TARGET THROUGH 10% GROWTH
By NEIL HARTNELL Tribune Business Editor and NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net The Bahamian tourism industry is set to "exceed" 2012 first quarter/Easter performance forecasts, with some hotels seeing 10 per cent year-
HOTELS TO 'BEAT' TARGET THROUGH 10% GROWTH
By NEIL HARTNELL Tribune Business Editor and NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net The Bahamian tourism industry is set to "exceed" 2012 first quarter/Easter performance forecasts, with some hotels seeing 10 per cent year-
Nassau/PI resorts in New Year sell-out
MAJOR Nassau/Paradise Island resorts are predicting traditionally strong occupancies over the Christmas and New Year’s holiday period.
‘Nothing to celebrate’ on $99m borrowing
The Opposition yesterday argued there was “nothing to celebrate” in the Christie administration’s revelation that it is only borrowing $99 million to fund the 2016-2017 fiscal deficit, its finance spokesman saying it had over-burdened Bahamians with taxes to achieve this.
1,000-seat Nassau boost from Delta
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net DELTA AIRLINES is projecting load factors of between 80 to 85 per cent for its reinstated non-stop service between Nassau and New York's LaGuardia airport, airline executives tellin
1,000-seat Nassau boost from Delta
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net DELTA AIRLINES is projecting load factors of between 80 to 85 per cent for its reinstated non-stop service between Nassau and New York's LaGuardia airport, airline executives tellin
1,000-seat Nassau boost from Delta
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net DELTA AIRLINES is projecting load factors of between 80 to 85 per cent for its reinstated non-stop service between Nassau and New York's LaGuardia airport, airline executives tellin
1,000-seat Nassau boost from Delta
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net DELTA AIRLINES is projecting load factors of between 80 to 85 per cent for its reinstated non-stop service between Nassau and New York's LaGuardia airport, airline executives tellin
PUBLIC HOSPITALS 'RUN ON JUST 17% OF BUDGET'
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net Overstaffing through the politically-related "pile on" of public service workers has left the Public Hospitals Authority (PHA) with less than 20 per cent of its annual budget availa
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