National
Acting PM: Too Many Delays In Grand Lucayan Talks
GRAND BAHAMA, BAHAMAS – Acting Prime Minister Chester Cooper weighing in on the huge setback of the highly anticipated sale of the Grand Lucayan Resort.
GRAND BAHAMA, BAHAMAS – Acting Prime Minister Chester Cooper weighing in on the huge setback of the highly anticipated sale of the Grand Lucayan Resort.
Cooper says the global economic downturn and inflation played a role in the hesitation from Electra America Hospitality Ltd.
The Grand Lucayan has seemingly been a hard sell with neither the Minnis administration nor the Davis administration finding themselves successful in selling the landmark property.
The Minnis administration bought the resort from Hong Kong Conglomerate Hutchison Whampoa in August 2018 for $65 million.
In March 2020, the government signed a heads of agreement with Royal Caribbean Cruise Lines and the ITM Group.
But as with many projects over the past 2 years the COVID-19 pandemic impacted the agreement.
Panel Denies Bail To Former Aliv Technician Accused of Revenge Murder
Colombian Woman Charged For Trespassing On Atlantis Property
Paramount Launches Rival Bid For Warner Bros Discovery
Surveillance Cameras Across Japan Show Moment Earthquake Hits
Parliamentarians Debate Controversial Migrant Smuggling Bill
FNM Leader: This Bill Creates More Immigration Loopholes
Colombian Woman Charged For Trespassing On Atlantis Property
Panel Denies Bail To Former Aliv Technician Accused of Revenge Murder
Paramount Launches Rival Bid For Warner Bros Discovery
Surveillance Cameras Across Japan Show Moment Earthquake Hits
The Bahamas Stuns The Dominican Republic In 29-0 Shutout
Baha Mar’s Jazz Club Unveils Star-studded December Lineup
Parliamentarians Debate Controversial Migrant Smuggling Bill
FNM Leader: This Bill Creates More Immigration Loopholes
Bay Street Reimagined: Your Phone, Your Parade
Young Bahamian Authors First Book – “The Game About Life”
Baha Mar’s Jazz Club Unveils Star-studded December Lineup
Ayton Has Double Double In Win Over Edgecombe’s 76ers
-
Court9 hours agoColombian Woman Charged For Trespassing On Atlantis Property
-
Court9 hours ago
Panel Denies Bail To Former Aliv Technician Accused of Revenge Murder
-
Entertainment10 hours agoParamount Launches Rival Bid For Warner Bros Discovery
-
International10 hours agoSurveillance Cameras Across Japan Show Moment Earthquake Hits
-
Sports2 days agoThe Bahamas Stuns The Dominican Republic In 29-0 Shutout
-
Entertainment10 hours agoBaha Mar’s Jazz Club Unveils Star-studded December Lineup
-
National2 days agoRBPF Divisions Across GB Conduct Holiday Safety Walk About
-
National3 days ago“Grand Bahama Still One Of the Country’s Most Promising Tourism Growth Centers”