More than 500 sign petition opposing $200m Rosewood
More than 500 persons are said to have signed a petition launched by a consultant to a rival resort project urging the Government to protect Exuma’s marine ecosystems from the $200m Rosewood development.
Baha Mar: RevPAR down through all Q1 with rates sacrificed
Baha Mar is sacrificing rates and yield to drive 2025 first quarter business volumes, its president revealed yesterday, with plans to “invest north of $38m” in upgrading and refreshing its product this year.
Capo accuses Genting of ‘cooking the books’
Resorts World Bimini’s original developer has doubled down on claims that its Genting partner “cooked the books” in such a way as to “effectively wipe out” its $25m equity investment in the project.
Bahamasair Exuma ‘hiccup’ drops Family Island growth
Airline ticket bookings for Family Island travel between February and July 2025 would be up 12 percent year-over-year if George Town and the Bahamasair “hiccup” are not included, it was revealed yesterday.
‘Uncertain’ times for world, warns PM
Prime Minister Philip “Brave” Davis said the world is currently facing a period of “uncertainty” due to economic instability, geopolitical realignments, and shifting power dynamics.
‘Downtown would shut if not for cruise lines’
WITHOUT the traffic generated by cruise lines, Downtown Nassau would be closed, according to the owner of EF Consultants, Ed Fields.
Former US advisor hails Trump policy on tariffs
A FORMER Deputy National Security Advisor of the United States said US President Donald Trump is leveraging the country’s economic position to ensure it benefits from any agreement struck with foreign countries.
Triple-digit retroactive airline fee increase ‘absolutely nuts’
The triple-digit retroactive fee hikes being imposed on Bahamian airlines and other carriers were yesterday branded “absolutely nuts” by the ex-Cabinet minister who first introduced the charging scheme.
Judge in ‘pitfall’ warning over attorneys acting for both sides
A Supreme Court judge has issued a warning about the “pitfalls” and “classic dangers” that result when one attorney represents both buyer and seller in the same real estate deal.
Tourism bids to ‘capitalise’ on anti-Trump sentiments
Bahamian tourism executives yesterday revealed they plan to “capitalise” on anti-Trump sentiment to attract more visitors from Canada and non-US markets as the industry “pushes close” to 2024 business volumes.
Royal Caribbean pledges: ‘We’ll work with Toby if he wins appeal’
Royal Caribbean’s top Bahamian executive yesterday pledged the cruise giant will work with a local entrepreneur if the Privy Council upholds his Crown Land lease for an adjacent Paradise Island site.
FINCO pays out $57m dividends in 12 months
A BISX-listed mortgage lender declared a combined $57.333m in dividend payouts to shareholders during the 12 months to end-January 2025, its latest annual report has revealed.
Bahamian insurers have financial strength affirmed
Two Bahamian insurance providers have seen their financial strength and creditworthiness reaffirmed by the industry’s main global credit rating agency.
Two-day Music & Heritage Festival set for weekend
The two-day Bahamian Music & Heritage Festival will return to the Regatta Site in George Town, Exuma, on March 14-15 for its annual celebration of this nation’s culture and traditions.
Royal Caribbean: Bahamas’ exclusive ship’s full occupancy
Royal Caribbean yesterday hailed its all-Bahamian itinerary cruise ship as a “smashing success”.
