Airfare credit in 30-day extension
IN an effort to help boost demand and fill room inventory through May and into June 2014, the booking window for the $250 instant airfare credit will be extended for 30 days, according to tourism director general David Johnson.
Resorts report high Easter occupancies
OUT Island resort properties are reporting high occupancies for the Easter holiday weekend, Sandals Emerald Bay Resort telling Tribune Business it would be full due in large part to the island’s annual regatta coinciding with its reunion week.
'Dashing' strategies to get yourself noted
Fuahea Semi was an athlete from Tonga who wanted to attend the 2014 Sochi Winter Olympics as an athlete.
Bahamas waste eyes 20% rise in recycled supplies
By NEIL HARTNELL
Stopover visitors off 11%.... As Gov't tax take up $264m
Total stopover visitors to the Bahamas have fallen by 11 per cent during a period when the Government’s tax take from the hotel/tourism industry has risen by $264 million.
Hotels: VAT may 'dwindle' key market share to 19%
Bahamian hotels have warned that their market share in a key visitor demographic could “dwindle to less than 19 per cent” were the initial Value-Added Tax (VAT) proposal to be implemented, Tribune Business can reveal.
Coalition co-chief queries Gov't's 16% payroll tax finding
The Tax Coalition’s co-chair yesterday queried how the Government had calculated that a 16 per cent payroll tax would be needed to match the revenues generated by a 10 per cent Value-Added Tax (VAT), calling on it to share its findings with the public.
Joint venture seeks oil explorer licence
A joint venture has submitted a licence application to explore for oil in eight areas north of Grand Bahama, a notice published by the Government revealed yesterday.
'Tremendously sad' if multi-billion opportunity missed
The Bahamian economy would receive a much-needed multi-billion dollar injection if international wreck salvaging companies were permitted to work in its waters, one operator yesterday warning it would be “tremendously sad” if this opportunity was not exploited.
Sell strategies for long-term success
Here are three things you can do immediately to make a difference, and be seen as credible and potentially invaluable.
Gov't 'finalising' GB casino operator
THE Government is “finalising matters” with an operator to run the Memories Grand Bahama Beach Resort’s casino,. a senior tourism official confirmed yesterday, noting that it was now in the “due diligence” stage.
Baha Mar exceeds local award promise by $39m
BAHA MAR executives revealed yesterday that nearly $39 million more than their $400 million pledge had been awarded to Bahamian contractors to-date, adding that $715 million in bids had been tendered up to mid-March.
Guy Harvey brand returns to Bimini
Guy Harvey Outpost Resorts & Lodges yesterday announced that Bimini Sands Resort & Marina had become the latest Bahamian property to join its branded Expedition Collection.
Food retailers: Price controls 'must double'
Food retailers have warned that price control margins must “at least double” to help the industry thrive again, with an almost-10 percentage point increase from current levels “ the bare minimum that it takes to secure our survival”.
Civil service pension deficit may 'explode'
The Government’s unfunded civil service pension liabilities will “explode” unless urgent reform action is taken, a senior accountant suggesting these could mean the national debt is really as high as $6.5 billion.
