Baha Mar resort will adjust the pay of eligible staff members this month, giving a three percent increase as a cost of living adjustment thanks to the resort’s improving financial
While Baha Mar is looking forward to a “soft landing” by the end of the year in terms of meeting its budgeted projections, the resort complex’s President Graeme Davis said yesterday that the increase in power costs have had a “significant” impact on Baha Mar’s profitability. Davis, who made the comments during the Bahamas Hotel and
Noting that Baha Mar’s first quarter performance is up 45 percent year over year, the resort’s President Graeme Davis said yesterday that bookings for the remainder of the year are equally as significant. He was addressing the Bahamas Hotel & Tourism Association board of directors and membership meeting, held virtually. “We’ve had an extraordinary first quarter here
Baha Mar’s costs continue to be elevated largely due to the rising cost of electricity, as Bahamas Power and Light’s (BPL) sliding scale fuel charge continues, the resort’s President Graeme Davis told Guardian Business recently. While inflation drove the mega resort’s costs up, BPL’s cost increases are keeping Baha Mar’s payables elevated, Davis said. He told
Baha Mar had a record March, the resort’s President Graeme Davis told Guardian Business recently, adding that the summer months are also looking strong. While there have been concerns that the bank fallouts in the US and Switzerland could hurt leisure travel to this country, Davis said Baha Mar is not seeing any change in