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University initiative aims to boost tourism

A Memorandum of Understanding was signed December 9, 2019, between the University of The Bahamas and the Tourism Development Corp to help bolster the tourism sector. Pictured: (from left) UB dean, graduate studies and research Dr Vikneswaran Nair; UB vice president of Academic Affairs (Acting) Dr Maria Oriakhi; chairman of the Hotel Corporation of The Bahamas Michael Scott; and CEO/executive director of the Tourism Development Corp Janet Johnson. (BIS Photo/Kemuel Stubbs)

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TheBahamasInvestor.com
Tuesday, December 17, 2019
Tuesday, December 17, 2019

A Memorandum of Understanding was signed December 9, 2019, between the University of The Bahamas (UB) and the Tourism Development Corp at UB President’s Boardroom.

The collaboration aims to foster a vibrant and resilient Bahamian tourism sector, and also deepen the university’s education and research impact.

Baha Mar to host inaugural Bahamas Culinary & Arts Festival

Baha Mar is to host the inaugural Bahamas Culinary & Arts Festival April 30-May 3, 2020, presented in collaboration with Meredith Corp’s leading luxury lifestyle brands Food & Wine and Travel + Leisure. 

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TheBahamasInvestor.com
Monday, December 16, 2019
Monday, December 16, 2019

Baha Mar is to host the inaugural Bahamas Culinary & Arts Festival April 30-May 3, 2020, presented in collaboration with Meredith Corp’s luxury lifestyle brands Food & Wine and Travel + Leisure.

Baha Mar will bring superstar chefs, master sommeliers, and respected artists including Grant Achatz, Dario Cecchini, John Cox, Josh Niland, Sabato Sagaria, Marcus Samuelsson, Katsuya Uechi, and more to Nassau.

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Ocean Cay welcomes first visitors

MSC Cruises recently welcomed the first passengers to its new Bahamas destination, Ocean Cay MSC Marine Reserve. (Photo courtesy MSC Cruises)

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TheBahamasInvestor.com
Friday, December 13, 2019
Friday, December 13, 2019

MSC Cruises recently welcomed the first passengers to its new Bahamas destination, Ocean Cay MSC Marine Reserve.

The island, part of the Bimini chain, has been converted from a former sand extraction site to an eco-tourism resort which includes a spa, Bahamian village, restaurants, and activities such as paddle boarding and kayaking.

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At a recent Bahamas Ministry of Tourism and Aviation global sales and marketing meeting in Florida, the top executives of the ministry met with the emerging leaders of their tourism team to discuss and prepare them for the future of the tourism industry. 

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TheBahamasInvestor.com
Friday, December 13, 2019
Friday, December 13, 2019

At a recent Bahamas Ministry of Tourism and Aviation (MOTA) global sales and marketing meeting in Florida, the top executives of MOTA met with the emerging leaders of their tourism team to discuss and prepare them for the future of the tourism industry.

Director general at MOTA Joy Jibrilu, and deputy director general Ellison Thompson, joined executive director of global sales Bridgette King, for the three-day gathering that brought together the first cadre of talented young professionals that will help propel MOTA into the future.

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GB Minister addresses cyber security conference

Minister for Grand Bahama Kwasi Thompson delivered a keynote address at the recent ID Cyber Security Conference held in The Bahamas. Read his full address here. (Stock Photo)

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TheBahamasInvestor.com
Friday, December 13, 2019
Friday, December 13, 2019

Minister for Grand Bahama Kwasi Thompson delivered a keynote address at the recent ID Cyber Security Conference held in The Bahamas.

“It is predicted that 38.6 billion devices will be connected by 2025, and 50 billion by 2030. In 2019, the number of devices connected is more than twice the size of the world population. Let this sink in.”

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OAS members visit governor general

Members of the Organization of American States (OAS) paid a courtesy call upon governor general Cornelius Smith at Government House December 10, 2019. See a full size photo here. (BIS Photo/Letisha Henderson)

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TheBahamasInvestor.com
Friday, December 13, 2019
Friday, December 13, 2019

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Still two years from completion, the Goldwynn development on Nassau's Cable Beach strip is seeing high interest, with $50 million in sales under contract for the luxury residences. 

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TheBahamasInvestor.com
Thursday, December 12, 2019
Thursday, December 12, 2019

Goldwynn Bahamas development hits $50M in sales

Pictured: Aerial view taken December 2019 showing construction of the Goldwynn Resort and Residences on West Bay Street. (Photo courtesy Goldwynn/The Wynn Group of Companies)

Still two years from completion, the Goldwynn development on Nassau’s Cable Beach strip is seeing high interest, with $50 million in sales under contract for the luxury residences.

The $200 million boutique resort, which broke ground May 2018, is expected to open in 2021. The complex will include a condo hotel and private residences, which start at $675,000 for a studio and range to just under $4 million for a penthouse.

Goldwynn’s executive director of sales Matthew Marco said almost 40 per cent of the property is now sold which is indicative of a growing interest in The Bahamas from global real estate buyers.

“I have never seen so much interest in The Bahamas,” he said. “The high-end second home market and the rental market are on fire.”

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PM outlines administration’s achievements

Prime Minister Dr Hubert Minnis addressed the House of Assembly earlier this week, outlining his administration's achievements over the last year. Read the press release here. Pictured: Prime Minister Minnis, centre right, on his way to Parliament , December 11, 2019. (BIS Photo/Yontalay Bowe)

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Government of The Bahamas
Thursday, December 12, 2019
Thursday, December 12, 2019

Prime Minister Minnis highlighted the accomplishments of his administration since coming to office in May 2017 in a communication to the House of Assembly on Wednesday 11 December.

The Prime Minister pointed to advancements in education, stabilizing the economy, billions of dollars in international investments, reducing crime and creating thousands of jobs, among other achievements.

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Leno buys BOB’s trust business

Leno Corporate Services has announced that it has successfully completed the $103 million acquisition of The Bank of The Bahamas’ trust portfolio, bringing its total assets under management to more than $800 million. Pictured: Leno founder and president Sean Longley. (Photo courtesy Leno)

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TheBahamasInvestor.com
Thursday, December 12, 2019
Thursday, December 12, 2019

Leno Corporate Services has announced that it has successfully completed the $103 million acquisition of The Bank of The Bahamas trust portfolio, bringing its total assets under management to more than $800 million.

The announcement followed approval by The Central Bank of The Bahamas for a newly licensed entity, Leno Trust.

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Baha Mar to host CHICOS 2020

The chairman of the Caribbean Hotel Investment Conference & Operations Summit has announced that the 10th anniversary edition of the event, scheduled for November 12-13, 2020, will be hosted at the Grand Hyatt Baha Mar in Nassau, The Bahamas. 

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TheBahamasInvestor.com
Wednesday, December 11, 2019
Wednesday, December 11, 2019

Parris Jordan, an HVS managing director and the chairman of the Caribbean Hotel Investment Conference & Operations Summit (CHICOS), has announced that the 10th anniversary edition of CHICOS, scheduled for November 12-13, 2020, will be hosted at the Grand Hyatt at Baha Mar in Nassau, The Bahamas.

“It’s a thrill for us to celebrate our 10th anniversary of the conference in The Bahamas,” says Jordan.

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