In the Media
Bahamas Resort Business Booms Since Baha Mar’s opening
September 5, 2019
KEYWORDS: Baha Mar Bahamas CCA CCA South America China Construction America
“Hotel occupancy in the Bahamas in the first half of 2019 was up 19% from a year earlier, according to hotel-data firm STR. Revenue per available room, a popular industry metric, was up 27% to $231.”
Built by CCA, Baha Mar held its grand opening in 2018. “With Baha Mar, the Bahamas is attracting more luxury travelers. The resort’s three hotels include a Grand Hyatt, an SLS and a Rosewood that offer come suites going for more than $1000 a night. Guests can visit the resort’s 40 restaurants and lounges, a casino with more than 1000 slot machines, an 18-hole golf course and a flamingo-habitat exhibit”
With a positive outlook of the Bahamian hospitality and tourism market, CCA invests and develops The Pointe in Nassau, The Bahamas, which partners with Margaritaville.
“The resort, with Jimmy Buffett’s Margaritaville brand as a partner, is slated to open next August. The group says it is confident it can attract guests to its 150-room resort and buyers for the accompanying 126 residences.”
To read more, please see the link below:
Bahamas Resort Business Booms, as Neighboring Destinations Struggle
https://www.wsj.com/articles/bahamas-resort-business-booms-as-neighboring-destinations-struggle-11566903600
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