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Minister of Tourism forecasts another record-breaking year

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By LINDSAY THOMPSON
Bahamas Information Services

 

NASSAU, The Bahamas — Deputy Prime Minister and Minister of Tourism, Investments and Aviation the Hon. Chester Cooper said evidence shows The Bahamas is heading towards another record-breaking year in tourism, over last year’s estimated eight million visitors.

He was making a contribution to the Budget Debate in the House of Assembly on Wednesday, June 12, 2024, outlining plans in the 2024/2025-budget cycle for his areas of responsibility — tourism, investments and aviation.

“Our year-to-date figures for 2024 have surpassed all expectations, building on the momentum of previous years. We are not resting on our laurels. Team Tourism will continue to deploy winning strategies – as we did last year,” the deputy prime minister said.

He shared that from January to April 2024, there has been a significant increase in foreign air and sea arrivals, marking a 12.4 percent rise compared to the same period in the record setting 2023.

“Simply put, that translates to almost 4 million visitors in 4 months.  If this average holds and we hope it does, a million a month will result in a 20 percent increase year over year or 12 million overall arrivals at year-end,” the minister said.

He stated that this growth not only highlights the country’s resilience but also underscores the enduring allure as a premier travel destination.

“Each month of 2024 has brought with it a wave of visitors eager to experience the beauty, culture, and hospitality of our islands.

“Our diverse islands have each contributed to our stellar performance.  And the future of Bahamian tourism appears brighter than ever,” the minister said.

He noted that the ministry’s strategic initiatives, marketing campaigns, and continuous improvements in infrastructure and services are poised to attract more visitors.

“The figures we see today are not a product of chance but the result of strategic planning, targeted initiatives, and dedicated efforts,” he said. “Our tourism strategy has been multifaceted, involving strategic partnerships, enhancing airlift capacities, and executing missions across key cities in the USA and Canada.”

According to the minister, the diverse islands have each contributed to tourism’s stellar performance.

He reported that Nassau/Paradise Island remains the most popular destination, welcoming 1,870,438 visitors from January to April 2024, a 13.2 percent increase from the same period last year.  Grand Bahama, Abaco, and Eleuthera have also shown remarkable growth, with increases of 6.8 percent, 3.8 percent, and 2.7 percent respectively.

Also, Grand Bahama and Abaco continue to lead the way in the increase in arrivals by air with 7 percent and 15.5 percent respectively. The Berry Islands, in particular, have seen an impressive 13.3 percent rise in arrivals.

“Cruise tourism continues to play a significant role in our success story,” he said.

From January to April 2024, the country recorded 3,210,541 cruise arrivals, marking a 14.8 percent increase from 2023.

“This surge speaks to the strong partnerships we have forged with major cruise lines and the appeal of our ports of call.

“Our stopover visitors have shown a strong preference for extended stays, reflecting their desire to fully immerse themselves in the Bahamian experience,” he said.

It is estimated the average spend per cruise passenger is just over $100, while stopover visitors spend around $2,800 each.

“We’re driving spending. By the way, we are working tremendously hard to grow that cruise spend number by deploying strategies to increase the number of guests disembarking, improving numbers of tours, and deploying strategies like the smart city initiative,” the minister said.

He stressed, “This significant expenditure has contributed to an estimated total direct tourist spend in the range of $6 billion, underscoring the critical role tourism plays in our economy. And we’re growing jobs.”

The deputy prime minister also spoke to the continued revitalization of Downtown Nassau, and the work of the Tourism Development Corporation, which is the establishment of incubators.

“These incubators will serve as hubs for nurturing entrepreneurial talent and innovation within the tourism sector,” he said.

He touted as one of the highlights of this budget process, the $125 million Saudi Fund for Development loan to accelerate the Airport Renaissance Program throughout the Family Islands.

“We are leaping forward with our Family Islands Renaissance Project with a Request for Proposals (RFP) to design, build, finance, operate, and maintain a portfolio of 14 airports across Grand Bahama and our Family Islands,” he confirmed.

He revealed that an expansion plan is underway to revamp the local Aviation Industry.

“Changing the face of the Aviation industry is a herculean task and there are many, many moving parts. The work continues, but we have made critical achievements,” he said.

According to the minister, Foreign Direct Investment “is without question the fastest way to grow our economy, and we are doing our part to attract and secure these investments.

“Since coming to office, we have approved more than $8.5 billion in new Foreign Direct Investment.

“This is a monumental show of confidence in The Bahamas, our economy and our administration. Our investment strategy has been robust and far-reaching.”

(BIS Photos/Kemuel Stubbs)

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New Manifestos Released as Bahamas Heads to Historic May 12 Vote

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The Bahamas, April 14, 2026 – With the 2026 Bahamian general election set for May 12, the country’s major political parties have now formally placed their plans before the electorate, offering competing visions for governance, growth and relief.

The governing Progressive Liberal Party (PLP), led by Philip Davis, launched its “Blueprint for Progress 2026” on April 8, 2026, outlining a 46-page plan focused on long-term development and systems reform. The document places heavy emphasis on energy transition, digital government, workforce training and food security, positioning the party as one seeking continuity following its first term. The full plan is publicly available online through official PLP platforms for voters to review.

Just days later, on Sunday, April 12, the opposition Free National Movement (FNM), under Michael Pintard, unveiled its 2026 Manifesto at a major event in Nassau. Spanning 54 pages, the document centers on cost-of-living relief, tax reform, healthcare expansion and housing, offering what the party describes as a more immediate response to economic pressures facing Bahamian families. The FNM has also made its manifesto accessible online.

Beyond the two major parties, the Coalition of Independents (COI) had already entered the policy space earlier, formally unveiling its long-range Vision 2030 framework on Saturday, March 1, 2025, at the Fusion Superplex in Nassau during a packed national launch led by party leader Lincoln Bain. That framework has since been complemented by a 100-day action plan released in late March/early April 2026, adding a short-term policy layer to its long-range proposals.

These policy rollouts come as the country prepares for a pivotal vote, with the Parliamentary Registration Department confirming a voters’ register of approximately 203,000 eligible voters, one of the largest in the nation’s history. Key dates are now set, with Nomination Day on April 16, followed by advance polls on April 30, ahead of General Election Day on May 12.

With platforms now in the public domain and the timeline locked in, the focus shifts squarely to the electorate—who must now weigh the promises, examine the plans and decide the country’s direction at the polls.

Angle by Deandrea Hamilton. Built with ChatGPT (AI). Magnetic Media — CAPTURING LIFE.

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From Concept to Approval: What a 2019 Water Security Plan Now Means for Bahamians

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The Bahamas, April 14, 2026 – At its core, the $65 million water security project is designed to strengthen the reliability, safety and resilience of the water supply across The Bahamas.

If implemented as planned, the investment is expected to improve water quality, reduce contamination risks and support public health, while increasing supply reliability and limiting service disruptions during droughts or system failures. The project also aims to expand and upgrade infrastructure, including wellfields, pumping stations and storage capacity, and to protect freshwater resources from saltwater intrusion—an increasing threat for low-lying islands. In practical terms, that could mean cleaner, more consistent and more dependable access to water for residents across the country.

The project was first conceptualised in 2019 under the previous administration, when a proposal was submitted to the Green Climate Fund to strengthen the resilience of the country’s water systems. That early work came just months before Hurricane Dorian exposed the vulnerability of national infrastructure, including critical water and sanitation systems, particularly in the northern Bahamas.

The initial phase focused on developing the concept, identifying priority areas and engaging regional and international partners, including the Caribbean Development Bank, to support the design and preparation of a full funding proposal.

Following the change in government in 2021, the project advanced into its most technical and demanding stages. The current administration oversaw the completion of key requirements, including feasibility studies, environmental and social assessments, and detailed financing negotiations with international partners—steps necessary to move the proposal from concept to approval.

That multi-year process has now culminated in approval of a $65 million financing package, combining grant funding with concessional loans to support long-term upgrades to the country’s water infrastructure.

While the project brings significant international support, it is not entirely free money. The package is structured as a blended financing arrangement, combining grant funding with concessional loans—meaning a portion of the funding will ultimately need to be repaid. Based on information released by the Caribbean Development Bank, approximately $25 million of the total package is tied to loan financing, with the remaining portion provided as grant support.

Concessional loans typically carry more favourable terms than commercial borrowing, including lower interest rates and longer repayment periods. However, they still represent debt obligations that will be borne over time.

Notably, detailed terms of the loan components—including interest rates, repayment schedules and any associated conditions—were not disclosed in the initial announcement issued by the Office of the Prime Minister (Bahamas). Those details are expected to be outlined in formal financing agreements, but have not yet been made public.

For Bahamians, the project represents both investment and obligation. While the grant funding provides a significant boost to infrastructure development, the loan component adds to the country’s long-term financial commitments—making transparency around terms and implementation timelines especially important.

While the approval marks a significant milestone, the timeline for delivery remains a critical factor. Based on information available from project partners, implementation is not expected to begin immediately. The initiative is anticipated to move into its execution phase later in 2026, following finalisation of financing agreements and completion of preparatory requirements.

From there, the project is projected to unfold over several years, with estimates suggesting a multi-year implementation period of up to seven years to fully deliver the planned upgrades to water infrastructure across The Bahamas.

This means that while the funding has now been approved, the benefits will be realised gradually rather than all at once. A definitive completion date has not been publicly outlined, and detailed timelines tied to specific islands or phases of work have yet to be disclosed.

For Bahamians, the question now shifts from approval to execution—when funds are drawn down, when construction begins, and how consistently the project moves from plan to delivery.

Angle by Deandrea Hamilton. Built with ChatGPT (AI). Magnetic Media — CAPTURING LIFE.

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Fuel Pain at The Pump: Global Tensions Drive Prices Up as Bahamians Feel the Squeeze

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NASSAU, Bahamas — What should be a simple five-minute drive is fast becoming an expensive, hour-long ordeal, as rising fuel prices collide with worsening traffic congestion across New Providence.

As of early April 2026, gasoline prices across The Bahamas have climbed sharply, with motorists now paying an estimated $5.50 to over $6.50 per gallon, depending on the station and grade. The increases, seen at major retailers including Esso, Rubis and Shell, reflect a volatile global oil market driven by escalating geopolitical tensions.

The latest spike — in some cases jumping more than 50 cents per gallon within days — is being driven by uncertainty surrounding escalating tensions involving Iran. U.S. President Donald Trump has issued a direct ultimatum, warning that the United States could launch aggressive strikes on Iranian infrastructure, including power plants and key facilities, if demands are not met. While he has also expressed hope for a swift resolution, the threat of rapid escalation is already rattling global oil markets — and The Bahamas, heavily dependent on imported fuel, is feeling the impact almost immediately.

At the pumps, the frustration is real.

Drivers are now paying significantly more just to sit in traffic. Commutes that once took minutes are stretching into hour-long crawls, burning fuel with little movement and compounding the financial strain. For many residents, the issue isn’t just the price per gallon — it’s how quickly that gallon disappears.

Industry players are also bracing for impact. Higher diesel prices are expected to ripple across key sectors, including trucking, construction, and shipping — all of which ultimately feed into the cost of goods and services. In short, this is not just a fuel story; it’s an inflation story in the making.

Despite the surge, the Bahamas Petroleum Retailers Association has moved to calm fears, confirming that there is no fuel shortage. Supply remains stable, but consumers are being urged to adjust behavior — from maintaining proper tyre pressure to considering carpooling — small measures that could stretch every dollar a bit further.

Retailers, however, are not offering much comfort on price relief. While fluctuations are expected, insiders say the days of sudden price drops are unlikely in the immediate term. The “shock” increases may level off, but a meaningful decline hinges on global stability — something that currently feels out of reach.

For Bahamians, the reality is tightening: higher fuel costs, longer commutes, and a growing sense that relief isn’t coming anytime soon.

Angle by Deandrea Hamilton. Built with ChatGPT (AI). Magnetic Media — CAPTURING LIFE.

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