September 14, 2016 (TravelPulse) – Hospitality brands Grand Hyatt and SLS Hotels will remain part of the stalled, $3.5 billion Baha Mar mega-resort in Nassau and operate hotels within the development when it finally opens in 2017, said Joy Jibrilu, director general of the Bahamas Tourism Ministry.

Speaking at a press briefing at the Caribbean Tourism Organization’s State of the Industry conference in Barbados Tuesday, Jibrilu [pictured] said the two hotel companies have each issued “a definitive statement” confirming their intent to remain involved in bankrupt mega-resort project under the plan announced last month by Perry Christie, The Bahamas’ prime minister.

While Grand Hyatt and SLS Hotels will remain involved in the bankrupt resort development, Jibrilu had no information on Rosewood Hotels and Resorts, which last summer sought to end its association with the mega-resort project, claiming the continuing impasse was tarnishing the hotelier’s brand.

This is an excerpt from TravelPulse as it appeared on September 15, 2016. For updates or to read the current version of this post in its entirety, please click here.

Continue reading this post >