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Bahamas Tourism, on Track for Further Expansion

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By LINDSAY THOMPSON
Bahamas Information Services

 

NASSAU, The Bahamas — Key indicators show that The Bahamas experienced unprecedented growth in tourism, particularly in the Family Islands over the past year, and is on track for further expansion.

This was revealed by the Deputy Prime Minister and Minister of Tourism, Investments and Aviation the Hon. Chester Cooper as he highlighted 2024 successes, and shared the 2025 Strategic Plan Update, during a press conference on Wednesday, February 5, 2025.

Held at the ministry’s conference room at the British Colonial, also present were Acting Permanent Secretary, Ministry of Tourism, Investments and Aviation, Lisa Adderley-Anderson; Latia Duncombe, Director-General, Tourism; Dr. Kenneth Romer, Deputy Director-General, Tourism and Director of Aviation; Dwight Gibson, Director, Tourism Development Corporation; and Anthony Bostwick, Consultant, Downtown Development.

Deputy Prime Minister Cooper reported that at the end of 2024, The Bahamas recorded a record-breaking 11.22 million overall in foreign air and sea arrivals, surpassing the previous year’s number by 16.2 percent and 2019 figures by 54.7 percent.

“This is the best year ever, exceeding 2023,” he said.

Out of that number, foreign air arrivals across all destinations exceeded 1.72 million, equaling arrivals recorded in 2023, and surpassing the 1.67 million foreign air arrivals recorded in 2019 by 3.3 percent.

“December 2024 was the best month ever in terms of arrivals with 1.15 million visitors, posting 14 percent ahead of 2023 and 62 percent ahead of 2019. There was an 8.7 percent growth in air arrivals in Grand Bahama, second only to Abaco with an 11.9 percent growth over 2023. This is cause for celebration given the devastation and heralded a return to pre-Dorian and pre-Covid levels. This is truly a remarkable rebound,” he said.

The above results are notwithstanding the interruptions of Hurricanes Milton, Oscar, and the USA elections, he added.

The 2024 Impact of Cruise Tourism Report by the Business Research and Economic Advisors as commissioned by the Florida-Caribbean Cruise Association has The Bahamas ranked as number one in the Caribbean and Latin America in terms of total economic benefit.

“These passenger and crew visits along with additional expenditures by the cruise lines generated a total of $654 million in cruise tourism expenditures in The Bahamas during the 2023/2024 cruise year compared to $405 million in 2018. This is a staggering 61 percent increase,” Mr. Cooper said, adding “Our estimates suggest that when we add direct employment, taxes and levies the overall benefit exceeds $1.25 billion with overall tourist spending in the $6 billion range.”

Notwithstanding this, he noted that the Government has engaged a study to further calculate and examine the economic benefit of the cruise business to the Bahamian economy.

“We were pleased to see the attractions of more than $10 billion of Foreign Direct Investments over the last two years with high-end brands like Montage, Rosewood, Six Senses, Montage, Rosewood, Park Hyatt, Bvglari and Four Seasons Residences.

“This is extremely positive for cementing our reputation as a premier luxury destination.”

He said Tourism is also optimistic of the contributions to be made by Celebration Key in Grand Bahama and the Royal Caribbean Club, which are new investments, slated to come on stream before the end of 2025.

Additionally, the ministry launched the ‘Home Sweet Home’ program which incentivizes vacation rental as a short-term boost to room availability.

“We are pleased to announce phase II of this program that offers grants of up to $10,000 and loans via the Bahamas Development Bank for qualified applicants,” Deputy Prime Minister Cooper said.

As a whole, the Islands of The Bahamas attracted foreign air arrivals services from 23 airlines and air carriers in 2024, representing direct route services from 34 international markets across the USA, Canada, London, France, Italy, Turks and Caicos, Cayman, Jamaica, Cuba, Haiti and Panama.

“While we continue to experience unprecedented growth overall, it should be noted that the largest percentage growth in overall foreign air arrivals, as well as increase in seat capacity, were experienced in our Family Islands,” he said.

Deputy Prime Minister Cooper further noted that Moody’s, Standard & Poor’s, and International Monetary Fund all praised the post-Covid recovery with the latter noting the “remarkable” recovery of the economy “buoyed by a strong increase in tourism.”

He thanked partners and stakeholders inclusive of airlines, hotels, promotion boards, executives and staff of the ministry and the “magnificent people” of The Bahamas who have embraced the mantra that “Tourism is Everybody’s Business.”

PHOTO CAPTION: Deputy Prime Minister and Minister of Tourism, Investments and Aviation the Hon I Chester Cooper gave a tourism update and projections during a press conference on Wednesday, February 5, 2025 at the ministry’s conference room at the British Colonial. Pictured from left are: Anthony Bostwick, Consultant, Downtown Development; Acting Permanent Secretary, Ministry of Tourism, Investments and Aviation, Lisa Adderley-Anderson; Deputy Prime Minister Cooper; Latia Duncombe, Director-General, Tourism; Dr. Kenneth Romer, Deputy Director-General, Tourism and Director of Aviation; and Dwight Gibson, Director, Tourism Development Corporation.

(BIS Photos/Kemuel Stubbs)

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New GPS Evidence Prompts Fresh Search for Missing American Woman in Abaco

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ABACO, BAHAMAS — Nearly two months after American sailor Lynette Hooker vanished in waters off Abaco, investigators are preparing to conduct a new search based on GPS and navigation data that reportedly challenges the account originally provided by her husband.

The case, which first drew international attention in early April, began when Brian Hooker told authorities that his wife was swept away after falling from an inflatable dinghy during rough conditions in waters near Elbow Cay.

Initial search efforts involving Bahamian and U.S. authorities covered extensive areas of the Sea of Abaco but failed to locate the missing Michigan woman.

Now, according to multiple U.S. media reports, investigators have obtained electronic navigation and GPS data that appears to place the couple’s dinghy in a different location from where searchers initially concentrated their efforts.

The new information has prompted authorities to reopen search operations and seek permission for divers to examine a more targeted area of the Sea of Abaco.

Unlike the broad search that followed Hooker’s disappearance, the renewed effort is expected to focus on a relatively shallow section of water, reportedly about 25 feet deep. Investigators believe the location may offer a better opportunity to recover evidence and potentially answer lingering questions surrounding the disappearance.

The latest development marks a significant shift in the investigation.

What began as a maritime search-and-rescue operation has evolved into a complex multinational investigation involving Bahamian authorities, the United States Coast Guard and the Federal Bureau of Investigation.

Brian Hooker was detained and questioned by Bahamian authorities following his wife’s disappearance but was later released without charges. While investigators have never publicly accused him of a crime, reports indicate he remains a person of interest as authorities continue to examine the circumstances surrounding the case.

Hooker has repeatedly denied any wrongdoing and has maintained that his wife accidentally fell overboard.

The investigation has intensified in recent weeks. U.S. authorities have reportedly seized the couple’s sailboat, Soulmate, transporting the vessel to Florida for forensic examination. Investigators are said to be reviewing onboard electronics, digital records and other potential evidence as part of the ongoing inquiry.

The case has also attracted attention from Lynette Hooker’s family, who have continued to press for answers and support efforts to locate her.

The renewed search comes after Brian Hooker returned to the United States following the disappearance. Reports indicate he cited family reasons, including concerns about his mother’s health, for leaving The Bahamas.

For investigators, however, the focus now appears fixed on the newly identified search area and the electronic evidence that led them there.

Whether the latest operation produces answers remains to be seen. But nearly eight weeks after Lynette Hooker disappeared in the waters of Abaco, authorities believe new technology and new information may finally provide a clearer picture of what happened that night.

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Nassau Opens CDB Annual Meeting at Baha Mar This Week

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NASSAU, BAHAMAS — Regional policymakers, development financiers, economists and international partners are converging on Nassau this week as the Caribbean Development Bank (CDB) stages its 56th Annual Meeting at the Baha Mar Resort from June 1-5, 2026.

Held under the theme, “Forging the Caribbean’s Future: Strategic Solutions for Uncertain Times,” the gathering is expected to place The Bahamas at the center of discussions on some of the region’s most pressing challenges, from climate resilience and energy security to debt sustainability and economic growth.

At the launch of the annual meeting on March 19, CDB President Daniel Best underscored the importance of bringing together leaders from across the Caribbean and beyond at a time of global uncertainty.

“The Annual Meeting provides a strategic moment for the Caribbean, an opportunity for our leaders, governments, development institutions, private sector, youth, and international partners to come together to identify practical solutions that can help the Region navigate uncertainty while unlocking the opportunities that lie ahead,” Best said.

The conference host, newly named Bahamas Minister of Finance and Chairman of the CDB Board of Governors, Michael Halkitis, also emphasized the significance of the event during the March 19 launch ceremony.

“Today’s gathering marks more than the start of preparations for an important meeting. It represents the beginning of a renewed conversation about the future of the Caribbean, about our shared aspirations, our common challenges, and the partnerships that will shape the path forward for our region,” Halkitis said.

He added: “Hosting the 56th Annual Meeting of the Caribbean Development Bank here in Nassau provides an important opportunity to strengthen partnerships and advance meaningful dialogue on the future of the Caribbean.”

Over the five-day meeting, delegates will tackle major issues including energy transition and resilienceinnovative debt solutions for Caribbean economies, and the impact of global economic shocks on regional development.

The programme features a number of high-level events including the Youth FIRE Forum, the William G. Demas Memorial Lecture, the President’s Chat titled Financing the Future: MDB Strategies for Uncertain Times, and a series of policy seminars examining climate finance, infrastructure, economic resilience and development lending.

Among the featured participants are CDB President Daniel Best, Finance Minister Michael Halkitis, senior officials from multilateral development banks, regional finance ministers, central bank governors, economists, development specialists and private-sector leaders. The President’s Chat is expected to bring together leaders of major multilateral development banks to discuss financing strategies for developing states facing mounting economic pressures.

The annual meeting also includes sessions branded “EDGE X by CDB: Analytics Unlocked,” which will explore the economic costs of traffic congestion in the Caribbean and how global crises continue to affect regional economies.

The CDB Annual Meeting traditionally attracts representatives from the Bank’s 28 member countries, including government ministers, senior public officials, development agencies, international financial institutions, youth delegates, academics and private-sector stakeholders. Hundreds of delegates are expected to participate in discussions that will help shape development priorities and financing strategies across the Caribbean in the years ahead.

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

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Afreximbank Annual Meetings Return Next Month; Caribbean Links Remain in Focus

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May 29, 2026 – Two years after The Bahamas made history as the first Caribbean nation to host the African Export-Import Bank’s Annual Meetings, thousands of delegates are expected to gather in Egypt next month for AAM2026.

The 33rd Afreximbank Annual Meetings will be held from June 21-24 in El Alamein, Egypt, under the theme: “Intra-African Trade and Industrialisation: Pathway to Economic Sovereignty.”

The event is regarded as one of Africa’s most important gatherings on trade, investment, finance and economic development, bringing together heads of state, policymakers, business leaders, development finance institutions and international partners.

For Caribbean nations, the meetings hold special significance.

In 2024, The Bahamas welcomed thousands of delegates to Nassau for the landmark event, marking the first time the annual meetings were staged outside the African continent and placing the Caribbean at the center of growing discussions on Africa-Caribbean trade and investment.

Since then, Afreximbank has continued to expand its engagement in the region, promoting stronger commercial ties between Africa and Caribbean countries and exploring opportunities in trade finance, infrastructure development, logistics, investment and private sector growth.

Organizers say this year’s discussions will focus on strengthening intra-African trade, advancing industrialization, building regional value chains and increasing economic resilience amid global uncertainty.

The meetings are also expected to provide a platform for new partnerships, investment opportunities and development initiatives that could have implications beyond Africa, including for Caribbean nations seeking to deepen economic cooperation with the continent.

As leaders prepare to convene in Egypt, the Caribbean’s growing relationship with Afreximbank remains a key part of the institution’s broader vision of expanding trade and investment connections across the Global South.

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

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