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Gov't 'not honouring' industrial agreements

Gov't 'not honouring' industrial agreements
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'Significant interest in Grand Lucayan' - The Nassau Guardian

While stressing that he won’t get into specifics until “the money is in the bank”, Deputy Prime Minister Chester Cooper said yesterday there are three “very significant” parties interested in purchasing Grand Lucayan Resort in Grand Bahama, which the Minnis administration bought in 2018 and the Davis administration to date has struggled to sell off. “The ....

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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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Grand Lucayan buyer won't be named until definitive deal sealed

Speaking yesterday about the collapse of the deal he announced in May for the government to sell Grand Lucayan Resort to Electra America Hospitality Ltd. (EAHL) for $100 million, Acting Prime Minister Chester Cooper said the art of making a deal is knowing when to move on, and he indicated the government will not name ....

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