Realtor teams with developer on Lyford Hills second phase
A Bahamian realtor has teamed with Lyford Hills to officially launch the second phase of the western New Providence community’s development with a mixture of single family and multi-family lots.
Family Island hotel chief urges sweeping cost cuts
The Bahama Out Island Promotion Board’s president yesterday called for a co-ordinated national strategy to lower costs and improve efficiency so that the tourism industry remains competitive as he warned the sector cannot remain viable without sweeping expense reductions.
AI adoption is only way for Bahamas to compete
Adoption and use of artificial intelligence (AI) tools is the only way The Bahamas will be able to compete globally, a technology specialist argued yesterday.
Gov’t paying $39m to buy Harbourside from Doctors
The Government is paying $39m over a ten-year period to acquire the recently-completed Harbourside in-patient facility on East Bay Street from Doctors Hospital, it was revealed yesterday.
Rosewood Exuma opponent in legal challenge go-ahead
Opponents of the $200m Rosewood Exuma resort yesterday hailed the Supreme Court go-ahead for their bid to overturn the project’s environmental approvals on the basis that they were obtained via a “shifting series of plans”.
Insurers: Make sure NHIhas ‘necessary resources’
Bahamian health insurers yesterday urged the Government to ensure the National Health Insurance (NHI) overseer has the “necessary resources” to properly implement its newly-legislated mandate, adding: “As long as they’re ready, we’ll be ready.”
Grand Lucayan buyer awaiting building go-ahead in early 2026
The Grand Lucayan’s purchaser is expected to receive the necessary permits and approvals to proceed with construction activities during the 2026 first quarter, it was revealed yesterday.
Vacation rental crackdown set for launch in early 2026
The Department of Inland Revenue will launch a crackdown on non-compliant vacation rental properties early in 2026 as registration remains below its expectations, it was revealed yesterday.
Hotel chief: Our air arrivals ‘lifeline somewhat slipped’
The Bahamas Hotel and Tourism Association’s (BHTA) president yesterday conceded that air arrivals to New Providence “have somewhat slipped” while cruise passenger visitors continue to expand.
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Airport hotel bids are due at end-February
Final bids to develop an airport hotel on six acres at Lynden Pindling International Airport (LPIA) are due by the deadline of February 27, 2026, it was revealed yesterday.
Tourism market diversity key in challenging 2025
THE United Kingdom is “one of our most promising and steadily growing international markets this year”, the Nassau and Paradise Island Promotion Board’s chief executive said yesterday.
Just 157 firms collecting half gov’ts vat revenue
The Prime Minister yesterday said that just 157 companies were responsible for collecting more than half of the Government’s VAT revenues during the first eight months of 2025.
Tax chief: Power of sale is ‘absolute last resort’
The Department of Inland Revenue's top executive yesterday asserted it is using its ‘power of sale’ as an “absolute last resort” against real property tax deadbeats who have gone decades without paying taxes.
Downtown Nassau hotel names general manager
The Margaritaville Beach Resort Nassau has named Shyam Lalu as its new general manager.
