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Bahamas receives record-breaking number of visitors in 2018

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#Nassau, March 22, 2019 – Bahamas – The Bahamas received far more visitors to its shores in 2018 than in any previous year in its “entire history of being engaged” in the tourism business, Minister of Tourism and Aviation, the Hon. Dionisio D’Aguilar said Wednesday. 

The increase in tourism business in 2018 was experienced nationwide — Nassau/ Paradise Island, Grand Bahama and in the major Family Islands.

Mr. D’Aguilar also announced that the major hotels on Nassau and Paradise Island recorded a 34% increase in room revenues during 2018, gains not experienced in the past ten years

“This is welcomed, heart warming news, at a time when we are endeavouring to drive our nation’s economy into higher gear,” Minister D’Aguilar said.

Mr. D’Aguilar said foreign air and sea arrivals totaled 6.6 million visitors in 2018, compared to 6.1 million in 2017 – an increase of 486,176.  Foreign air and sea arrivals to The Bahamas were up by 7.9% between the months of January to December 2018, compared to the same period of 2017.

Foreign air arrivals by themselves, were up by 16.7% between the months of January to December 2018, compared to the same period of 2017. Air arrivals to Nassau/Paradise Island were up in every month of 2018 compared to 2017. The major hotels in Nassau and Paradise Island recorded a 34% increase in room revenues, gains not experienced in the past ten years.

In 2018, Grand Bahama saw a 9.1% year-over-year increase in overall visitor arrivals. The Family Islands experienced similar increases, collectively recording a 14.9% increase in foreign air and sea arrivals.

Minister D’Aguilar said the “handsome increase” in visitor arrivals to The Bahamas, can be attributed to the successful elevation of the awareness and visibility of The Bahamas’ brand.

“In the international marketplace, tourism is an arena of fierce competition.  Through strategic, dynamic advertising, marketing and promotions, the Bahamas Ministry of Tourism and Aviation, along with major hotels and other key stakeholders, has been quite successful at elevating awareness and visibility of The Bahamas brand among travel consumers,” Minister D’Aguilar said.

“Over the last eighteen months, we have had several top brand hotels come on stream, namely the full opening of Baha Mar with its signature brands, the Rosewood, the Grand Hyatt and SLS. The increased room inventory has generated increased airlift.”

Minister D’Aguilar said all indicators project that the upward trend will continue throughout 2019.

By Matt Maura

Release: BIS

Photo Caption: Minister D’Aguilar is pictured giving his tourism visitor arrival presentation, March 20, 2019 at the Ministry’s offices.  Senior Ministry of Tourism and Aviation executives look on. 

(BIS Photos/Kemuel Stubbs)

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Bahamas News

Bahamas economic growth

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Rashaed Esson

Staff Writer

The Bahamas’ economy is in good standing according to reports from the Bahamas National Statistical Institute which released the Quarterly Gross Domestic Product Series. They indicate that quarterly GDP trends for 2023 saw increases compared to 2022, a sign of recovery from the Covid 19 pandemic.

The most significant increase was 9.9 percent in the first quarter of 2023, and the industries responsible for the growth include Accommodations and food, construction and Arts.

 

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Bahamas News

C&W COMMUNICATIONS PROUD TO BE ASSOCIATED AS ATHLETES “CHASE THE SUN”

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World Relays to be title sponsored by BTC, one of C&W’s local brands.

 

In just a few days, athletes from over fifty countries will converge in The Bahamas for the BTC World Athletic Relays Bahamas 24. C&W Communications, the parent company of BTC, is proud to be associated with this major event, which will see athletes from The Bahamas, Barbados, Jamaica, and Trinidad & Tobago competing for a place in the upcoming Olympic games in Paris.

Inge Smidts, CEO of C&W Communications, who also serves as Chair of the BTC Board of Directors will be in the stands to witness the highly anticipated relays. Smidts says, this was an event that she simply could not miss. “We are proud to support our Caribbean athletes, and we wish them well as they vie for a spot in the Olympic games.

The relays will be held one of in our markets, The Bahamas, and we are honoured to be the title sponsor of the event. The world relays represent the spirit of relentless courage and the willingness to succeed of the Caribbean people and of our business. Through partnerships like this we demonstrate our unwavering commitment to connect communities and change lives.”

In addition to its sponsorship of the event, Smidts says it was important that athletes, officials, and fans stayed connected during the games. “As a business we are focused on ensuring that our customers have access to faster, stronger, and more reliable connectivity, and we worked with our partners to make certain that athletes and guests remain connected.

We have offered e-sim cards, and we also worked with the major hotels to set up care centers to ensure that we address any connectivity concerns on the spot. Additionally, I am pleased to announce that BTC will provide free Wi-Fi at the stadium giving patrons and athletes the opportunity to share every riveting moment.”

BTC has hosted a special event just for the Caribbean athletes, at the newly renovated Queen’s Staircase in Nassau, a recently renovated historic landmark visited by thousands of tourists each day. This event gave athletes the opportunity to unwind, mingle, and to learn more about each other right before the competition.

This is the fourth time that BTC and its parent company C&W Communications have title sponsored the world relays. The BTC World Athletic Relays will be held at the Thomas A. Robinson Track & Field Stadium from May 4-5, under the theme, “Chase the Sun, from Paradise to Paris.”

 

 

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RBC appoints new Country Manager and Area Vice President for Turks & Caicos 

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RBC Royal Bank (Bahamas) Limited (“RBC”) is pleased to announce the recent appointment of Kerryl-Lyn King-Henry as Country Manager and Area Vice President (“AVP”), Personal and Commercial Banking, Turks & Caicos Islands (TCI).

In her new role as Country Manager and AVP, King-Henry will take on full responsibility for the bank’s operations, strategy, and development in the TCI market, with a strong focus on solidifying partnerships with the Government, regulatory bodies, and the local community.

King-Henry brings to the role a dynamism influenced by nearly 25 years of industry experience. Prior to her new appointment, she served as AVP of Business Banking in Trinidad and Tobago. She has held progressively senior roles within both personal and commercial banking, as well as various functional units.

King-Henry holds a Master of Business Administration (MBA) degree, with a specialization in Leadership, FinTech and Big Data Analysis, in addition to a Bachelor’s Degree in Business Administration. Further enriching her professional profile, Kerryl-Lyn is a certified John C. Maxwell Coach, Trainer, Teacher, and Speaker. Her passion for leadership and development is matched by her commitment to community service, as she actively volunteers her time and leverages her professional expertise to mentor and support others. “

Kerryl-Lyn’s extensive experience and proven leadership capabilities make her the perfect choice to lead our operations in the Turks & Caicos Islands,” said Ericka Rolle, RBC’s Managing Director and Vice President, Personal Banking, The Bahamas and TCI.

“Her commitment to excellence, combined with a genuine passion for community engagement, aligns perfectly with our Bank’s purpose of helping clients thrive and communities prosper. We are excited to see the positive impact she will undoubtedly bring to her new role,” she added.

 

 

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