The Bahamas Investor

...xt to Eleuthera and, from there, will travel to North Andros, Long Island and other Family Islands. cmorris@dupuch.com......

..., which is the primary aim of the Agri-Business Expo, will help reduce this dependency, she added. hcutting@dupuch.com......

...f the Paradise Island properties is still in doubt, although Kerzner has said it will continue to operate the resort and other properties for the foreseeable future. scotterill@dupuch.com......

...is also the 30th anniversary of Caribbean Marketplace event. In accounting for his optimistic outlook for the tourism industry, the Prime Minister noted that The Bahamas has recorded an “uptick” in arrivals since last November. “By a number of measures, this past December was particularly good for the 14 major Nassau and Paradise Island hotels,” said Ingraham. “For the second year in a row since the Great Recession room occupancies, average daily......

...d counting when we got to half a million room nights. The principal access for our primary visitor is by air and we have found that there is nothing that stimulates travel like low cost, high frequency air connection.” To encourage further growth in the industry, the Ministry is also exploring sports tourism. “We have decided that there is a great opportunity for us to develop sports tourism in terms of amateur sports. These events are becoming fa......

...ans to develop 300 exclusive residential condominiums and villas available for private ownership. “To make way for this we are in the process of demolishing the Nassau Beach Hotel, which is a 400-room hotel,” said Sands. “We will be demolishing fairly soon the 350 rooms of our existing Wyndham Nassau Resort Hotel. So instead of being an 850-room hotel, we will go down to 550 rooms.” Baha Mar will, however, continue to operate the Sheraton Beach Ho......

...g new and exciting features, primarily activities, entertainment and new accommodations.” Markantonis comments came during a press conference held on day two of the Caribbean Hotel and Tourism’s Association’s Caribbean Marketplace conference at Atlantis held January 22-24. In keeping with its regular maintenance cycle, the hotel is expected to renovate about 600-700 rooms in 2012. The resort is also eyeing the possibility of introducing new casino......

...amount of inquiries to our call center continues, because that augurs well for an industry that has been somewhat stagnant for a long period of time, so we are very encouraged by those results,” said Sands, who is now the senior vice president of government and external affairs for the $3.5-billion Baha Mar development. Sands remarks came Tuesday during the Q&A session of a Caribbean Hotel and Tourism Association’s Caribbean Marketplace press conf......

...nancial services sector; they provide a highway over which individuals and companies receive and make payments for goods and services,” explained Laing. “A payment system is essentially a set of instruments, procedures and rules for the transfer of funds among system participants. Disruptions in a system, or the total failure of a system, pose a threat to the stability of the financial system.” A safe and efficient payment system, Laing said, is c......

...otary Club of Lucaya last week and said the surge was due to a concerted effort by the Ministry to work with other organizations, such as the Freeport Harbour Company . “The Ministry of Tourism remains committed to working closely with the Harbour Company to improve the visitor experience,” he said, noting that cruise ship arrivals had been increasing steadily over the past three years, with 208 cruise calls in 2009, 242 in 2010 and 277 in 2011. T......

...s, offering clear testimony as to why Grand Bahama is the strategic choice for forward-looking companies. The Bahamas Investor is produced by Etienne Dupuch Jr Publications Ltd–the leading publisher of business and tourism information in The Bahamas. Other publications produced by Etienne Dupuch Jr Publications Ltd include the Bahamas Handbook, Welcome Bahamas, What-to-do, Bahamas Trailblazer Maps and the Dining & Entertainment Guide. For more inf......

...BICA) panelists will look at the amendments to the International Business Companies Act and to the Companies Act, which introduced a modern and comprehensive insolvency regime. John Delaney, QC, Attorney-General will speak about why insolvency reform was necessary. Brian Moree, QC, senior partner, McKinney Bancroft & Hughes, will take us through the amendments. He will be joined by experienced liquidator and insolvency practitioner, Anthony Kikiv......

...atherill, chief executive officer of his eponymous consulting firm, should be to attain “trusted advisors” status. Weatherill, an FCA with over 30 years of global financial services industry experience, says that status comes with increased referrals and increased client retention. “Trusted advisors have a 26 per cent greater share of wallet than untrusted advisors and manage a majority of their client’s assets.” tblair@dupuch.com......

...ducation . “The mining industry is in a much better position to make money for shareholders,” he explained. Skousen’s other tips included the energy sector, real estate, foreign stocks and bonds and financial stocks. “Mid-Western banks seem to be the place to be, the sweet spot, when it comes to investing,” he told attendees at the summit on Friday last week, emphasising that opportunities did exist for those who were willing to diversify their po......

...om the Ministry of Education explained: “It is going to be a national youth rally. Our young people are coming in droves from all throughout the country. We have a spectacular show that is just raring to go.” The show will include a Junkanoo rush out. Before leaving, the prince will attend a ceremony at the Royal Bahamas Defence Force base and lay a wreath at the facility’s memorial. As Queen Elizabeth’s representative, Prince Harry will also be p......