The Bahamas is the top destination to enjoy the benefits of private jet charter flights during last year's peak winter season, which resulted in total revenues across the Caribbean region of $867 million from 12,566 flights, according to Elite Traveler Magazine.

RTTNews recently reported that Brookfield Residential Properties Inc and Brookfield Asset Management Inc, which owns Atlantis Paradise Island, have announced that they have reached a definitive arrangement agreement by which Brookfield Asset Management will acquire the approximately 30.6 per cent of common shares of Brookfield Residential not already owned by Brookfield Asset Management and its affiliates.