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Bahamas Officials Question Baha Mar Tax Exemption

Megaresort Baha Mar’s ongoing troubles seem to be continuing, as Bahamas legislators are now questioning the cost of the government’s agreement with Chow Tai Fook Enterprises to own and operate the property. To read more, click here.

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Hong Kong Company Buys Baha Mar

Hong Kong Company Buys Baha Mar

NASSAU, Bahamas—Chow Tai Fook Enterprises Limited (CTFE), a leading Hong Kong-based global conglomerate with a diversified business portfolio—including extensive hospitality experience with resort and mixed-use developments worldwide – today announced it has signed an agreement to own and operate Baha ...

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Baha Mar Slated to Open First Phase by June

Construction of the oft-troubled Baha Mar property in the Bahamas is finally underway once more, and will be completed by the end of 2017. According to Bahamas Prime Minister Perry Christine, the beach resort will open its first phase in June. ...

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Baha Mar to Resume Construction

Construction on Baha Mar, the stalled $3.5 billion mega-resort in the Bahamas, is scheduled to resume in September, according to Prime Minister Perry Christie. If all goes to plan, the complex will be sold to a “world-class” hotel and casino ...

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Baha Mar Project Could Resume Soon

Construction could recommence soon at Baha Mar, the beleaguered $3.5 billion mega-resort in the Bahamas that is 17 month beyond its original opening date. The prime minister of the Bahamas yesterday announced a framework agreement with Baha Mar’s financier and ...

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