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DPM: Three credible offers for Grand Lucayan being vetted

Lucayan Renewal Holdings Limited – the special purpose vehicle created to manage the operations of Grand Lucayan resort and oversee its sale – recently received three “credible” offers for the purchase of the resort, Deputy Prime Minister and Minister of Tourism, Investments and Aviation Chester Cooper revealed yesterday, adding that he will not say more ....

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GB airport to be developed by Aerodrome Ltd - The Nassau Guardian

The new Grand Bahama International Airport will be developed by a Bahamian group called Aerodrome Limited along with two other partners and will be completed no later than the end of the first quarter of 2025, Minister of Tourism, Investments and Aviation Chester Cooper revealed today during the Grand Bahama Business Outlook. Cooper said the ....

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DPM maintains that progress continues in Grand Lucayan sale

Deputy Prime Minister and Minister of Tourism, Investments and Aviation Chester Cooper maintained yesterday that progress continues toward the sale of the Grand Lucayan resort in Freeport, Grand Bahama, months after a previous deal collapsed. The government announced in May that it reached an agreement to sell the resort to Electra America Hospitality Ltd. (EAHL) for $100 ....

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A protracted wait for a real deal - The Nassau Guardian

Three months after Lucayan Renewal Holdings (LRH) announced that the deal for the purchase of the Grand Lucayan resort by Electra America Hospitality (EAHL) had collapsed, Grand Bahamians, especially those in the tourism sector, are still waiting to hear some positive news from the government. “It’s becoming worrisome,” said veteran taxi driver Alexander Brown. “For ....

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Another big let down for Grand Bahama - The Nassau Guardian

After six months of waiting to hear that the Grand Lucayan resort was finally sold, Grand Bahamians were left disappointed with more questions than answers, when Lucayan Renewal Holdings (LRH) announced that the deal for the hotel’s pending purchase had collapsed. In May, Deputy Prime Minister and Minister of Tourism, Investments and Aviation Chester Cooper, ....

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