The Hotel Union has been bankrupt for years. It has been and continues to this day to be mismanaged. The leadership of this union think that they are fully capable of telling Hotel management how to run their hotel but they, the Union leaders, are incapable of running their little union operation.
Why not look at it on a "like for like" basis. In 2015 - The Paradise Island Harbour Resort , Holiday Inn, and The Wyndham were all closed. . . Available rooms were down because of this. Even if rooms occupied stayed the same year on year the occupancy would have increased. Instead of harping on occupancy why not let the readers know how many hotel rooms were occupied over the period versus last year.
I agree that the Atlantis project was excellent. The Bahamas and the Caribbean, in general, have a history of late projects. When the British Colonial reopened at the end of 1999 it was late and , reportedly, close to 100% over budget.
When December 2014 came around and their hotels were not open how could Baha Mar say we will open in 3 months? Look at the hotels. There must have been a timeline as to how long each remaining piece would take to complete. For a project of this size its got to take months just for the punch list to be done.
This is the problem. Politicians now say if it does not open it will affect the credit rating of the Bahamas. It is the Politicians fault that the credit worthiness of the country is so bad.
The opening of Baha Mar should be a boost to the country, raising its' credit worthiness to new heights! But now because of the mismanagement of the country by successive Governments it is do or die. Now Baha Mar has to open or the Bahamas may not have a credit rating.
This will be the excuse for years to come by all politicians as to why they have not done anything.
The Christian Council should be more concerned about their Pastors and less concerned about Carnival. It's more dangerous going to Church these days than going to Carnival! ! ! !
Cornel says...
What about Atlantis? They got concessions too. The people should own 25% of it too. (Just the profits, not the debt)
On Taxpayers should get 25% Baha Mar stake
Posted 23 July 2015, 8:40 a.m. Suggest removal
Cornel says...
All Nicole is concerned about is getting $10 per week from each employee to fund her bankrupt Union. What a disgrace she is!
When will the union file bankruptcy? After years and years of mis-management
On Union president’s ‘deep concern’ on Baha Mar
Posted 4 July 2015, 8:39 a.m. Suggest removal
Cornel says...
They owe BEC $19,500,000 . You can see the list of creditors and the bankruptcy petition here - http://hospitalitybusinessnews.com/2015…
On Baha Mar files for Chapter 11 bankruptcy
Posted 30 June 2015, 10:17 a.m. Suggest removal
Cornel says...
The Hotel Union has been bankrupt for years. It has been and continues to this day to be mismanaged. The leadership of this union think that they are fully capable of telling Hotel management how to run their hotel but they, the Union leaders, are incapable of running their little union operation.
On Trustees split over hotel union’s $1.5m pension fund debt
Posted 29 June 2015, 8:06 a.m. Suggest removal
Cornel says...
Looks like the "tweet" is gone. . . .. first open reservation on Hyatt.com is Jan/Feb 2016
On Hyatt taking Baha Mar bookings from September 9
Posted 25 June 2015, 2:59 p.m. Suggest removal
Cornel says...
Why not look at it on a "like for like" basis. In 2015 - The Paradise Island Harbour Resort , Holiday Inn, and The Wyndham were all closed. . . Available rooms were down because of this. Even if rooms occupied stayed the same year on year the occupancy would have increased. Instead of harping on occupancy why not let the readers know how many hotel rooms were occupied over the period versus last year.
On Nassau/PI resorts enjoy ‘best quarter’ for 7 years
Posted 11 June 2015, 8:02 a.m. Suggest removal
Cornel says...
Based on the exam results over the past 10 years all of the "cheating" has not helped.
On Ministry confirms high school exam 'security breach'
Posted 29 May 2015, 7:59 a.m. Suggest removal
Cornel says...
I agree that the Atlantis project was excellent. The Bahamas and the Caribbean, in general, have a history of late projects. When the British Colonial reopened at the end of 1999 it was late and , reportedly, close to 100% over budget.
When December 2014 came around and their hotels were not open how could Baha Mar say we will open in 3 months? Look at the hotels. There must have been a timeline as to how long each remaining piece would take to complete. For a project of this size its got to take months just for the punch list to be done.
On Baha Mar makes intervention plea to $2.4bn lender
Posted 28 May 2015, 8:05 a.m. Suggest removal
Cornel says...
This is the problem. Politicians now say if it does not open it will affect the credit rating of the Bahamas. It is the Politicians fault that the credit worthiness of the country is so bad.
The opening of Baha Mar should be a boost to the country, raising its' credit worthiness to new heights! But now because of the mismanagement of the country by successive Governments it is do or die. Now Baha Mar has to open or the Bahamas may not have a credit rating.
This will be the excuse for years to come by all politicians as to why they have not done anything.
On MP fears Baha Mar impact on sovereign rating
Posted 22 May 2015, 8:13 a.m. Suggest removal
Cornel says...
The Christian Council should be more concerned about their Pastors and less concerned about Carnival. It's more dangerous going to Church these days than going to Carnival! ! ! !
On Pastor accused of sex with teen
Posted 21 May 2015, 8:19 a.m. Suggest removal