John Issa's comments are so old school and outdated that they are actually laughable. What is the Caribbean Town of people's dreams? There isn't one, that I am aware of.
When you ask North Americans what they they think of about Nassau, it is tropical beach holiday. That has been ingrained the North American psyche for over 40 years. When you added gambling and luxury shopping, it was an irresistible lure. Folks want more than that now.
Now the luxury shopping boutiques open up on the cruise ships as soon as they are outside of the 12 mile limit, and the prices are better than what Nassau merchants can offer. Junkanoo Beach is not exactly a picture postcard beach, and it costs money to go to Cabbage Beach, and when you arrive, there is nothing to do but be harassed by jet ski operators.
Atlantis is priced to oblivion for the casual tourist ($6 for a bottle of water) and the casino has the worst odds of winning of domestic casinos in the US.
There is really nothing to offer the savvy tourist these days. There has been a Bahamian food initiative, but authentic Bahamian food is not exactly healthy food, nor is it organic or sustainable. It all is shipped in from Florida.
Many tourists want to buy Cuban cigars because they were not allowed those in the past, but Cigar Aficionado magazine recently profiled Nassau and stated that 95% of Cuban cigars offered for sale are Honduran fakes.
Bahamian music has been diluted and killed by urban/hiphop/rap scene in North America. Guys like Dry Bread and Ronnie Butler would not make it today.
So there is really nothing to offer the tourist that is genuinely Caribbean, except a gun to face demanding your money, your cellphone, your gold and if you are a female, your front. US & Canadian government travel and real estate investment warnings do not help.
Tourism cannot be revived in the Bahamas. End of sentence. The same goes for "financial services". We are so far behind the eight ball, that nothing short of a miracle or a deus ex machina can save us.
Parliamentary privilege does not allow one to break the law. They are all too stupid, dense, retarded, foolish, ill-advised, irrelevant, laughable, ludicrous, naive, senseless, short-sighted, simple, rash, thick, brainless, unintelligent, dim, dolted, dopish, half-witted, insensate, obtuse morons with no sense of human decency, dignity or patriotism. It is a disease that they possess. My grandmother called it by a term .. a derogatory term starting with "N" for Black people with the suffix "itis". And she was a princess of a woman from Moss Town.
As usual, the report is pie-in-the-sky. Just because 117 million outbound Chinese tourists spent nearly $500 billion in 2014, the faulty assumption is that the pie is big enough for us to get a piece of.
Here is some stuff from my Bloomberg terminal:
If you do any sort of in-depth analysis, most of the tourists go to ASEAN +6 Countries. Association of SouthEast Asian Nations (Australia, India, Japan, New Zealand, and South Korea, Brunei Darussalam, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand, and Vietnam-- Hong Kong is part of China, but it is the 4th largest destination for outbound Chinese tourists ).
The top destination for Chinese tourism is South Korea. It is close (remember the Chinese do not get a lot of time off work), and it has access to the luxury goods that the Chinese tourists want. 64% were women. Fond of shopping, countries producing high-quality goods attracted them a lot. Outbound tourists aged between 25 and 34 became the largest outbound tour group, indicating a younger average age. We do not attract young tourists.
The Chinese are not attracted to the beach culture. It is a uniquely North American and English European thing.
There is a huge difference in the way Chinese travel between the richer Chinese and the poorer Chinese. Less affluent Chinese use travel agencies and buy package deals. Obviously these Chinese are not shopping for luxury goods. Here is where they go:
1. Thailand (15%) 2. Hong Kong (13%) 3. South Korea (12%) 4. Japan (11%) 5. Taiwan (8%) 6. Macau (7%) 7. Singapore (4%) 8. Vietnam (3%) 9. Malaysia (3%) 10. Indonesia (2%)
Meanwhile, more affluent Chinese with money have different travel patterns. Their destinations include some European countries:
Top 10 Outbound Destinations for Chinese Tourists not in packages:
1. South Korea 2. Taiwan 3. Japan 4. Hong Kong 5. Thailand 6. France 7. Italy 8. Switzerland 9. Macau 10. Germany
Notice France, Italy, Switzerland & Germany in the mix.
There is no way in hell, that Chinese tourists will be lured to Nassau when we have to compete with France, Italy, Switzerland & Germany. Notice there is not one sun, sand, sea destination.
These IDB authors who wrote this, obviously didn't do their research deeply enough into the motivations of the Chinese tourists, or indeed the motivation of China to come to the Caribbean. It is solely to counter the geo-political influence of America on Caribbean countries, and it worked. Crisco Butt and the PLP are now Chinese lackies, totally indebted to them and in their thrall and to boot, the Chinese are generally racist towards Blacks.
Bottom line, the only Chinese tourists here, are the ones working without work permits. And The Pointe is not going to open in 2017 as promised. Another late project from our wonderful Chinese friends.
As usual, Fred Smith is right again. Someday, somehow, history will see him as a great patriot. The Bahamas is not enlightened enough to see that now, except for a very few.
banker says...
I know of a Haitian/Jamaican named Pendelane who had his name changed.
On Jamaicans in Grand Bahama to celebrate 54th years of Independence
Posted 6 August 2016, 8:22 p.m. Suggest removal
banker says...
It doesn't look like it will open anytime soon. The IRS has a lien against the parent school in Baltimore.
On College shuts amid legal row
Posted 5 August 2016, 8:44 p.m. Suggest removal
banker says...
I see at least two of these items in the above pics:
http://tribune242.com/users/photos/2016…
On Forbes, Smith and Miller ratified as PLP gets ‘war ready’ for election
Posted 5 August 2016, 2:19 p.m. Suggest removal
banker says...
Sigh .....
..... giving odds that if it closes, it will not re-open when they say they will ...
......... also giving odds that an exit is planned or this is a cash-flow preservation strategy
http://tribune242.com/users/photos/2016…
On Sandals silent over plans to close for two months
Posted 5 August 2016, 1:14 p.m. Suggest removal
banker says...
John Issa's comments are so old school and outdated that they are actually laughable. What is the Caribbean Town of people's dreams? There isn't one, that I am aware of.
When you ask North Americans what they they think of about Nassau, it is tropical beach holiday. That has been ingrained the North American psyche for over 40 years. When you added gambling and luxury shopping, it was an irresistible lure. Folks want more than that now.
Now the luxury shopping boutiques open up on the cruise ships as soon as they are outside of the 12 mile limit, and the prices are better than what Nassau merchants can offer. Junkanoo Beach is not exactly a picture postcard beach, and it costs money to go to Cabbage Beach, and when you arrive, there is nothing to do but be harassed by jet ski operators.
Atlantis is priced to oblivion for the casual tourist ($6 for a bottle of water) and the casino has the worst odds of winning of domestic casinos in the US.
There is really nothing to offer the savvy tourist these days. There has been a Bahamian food initiative, but authentic Bahamian food is not exactly healthy food, nor is it organic or sustainable. It all is shipped in from Florida.
Many tourists want to buy Cuban cigars because they were not allowed those in the past, but Cigar Aficionado magazine recently profiled Nassau and stated that 95% of Cuban cigars offered for sale are Honduran fakes.
Bahamian music has been diluted and killed by urban/hiphop/rap scene in North America. Guys like Dry Bread and Ronnie Butler would not make it today.
So there is really nothing to offer the tourist that is genuinely Caribbean, except a gun to face demanding your money, your cellphone, your gold and if you are a female, your front. US & Canadian government travel and real estate investment warnings do not help.
Tourism cannot be revived in the Bahamas. End of sentence. The same goes for "financial services". We are so far behind the eight ball, that nothing short of a miracle or a deus ex machina can save us.
On VIEW FROM AFAR: My joint political initiative is key to reviving Nassau’s glory days
Posted 5 August 2016, 11:06 a.m. Suggest removal
banker says...
Either birdie's account has been hacked or we managed to unmask the real PLP shill behind the name.
The dead giveaway was the sudden surge in literacy that is uniquely uncommon in PLP hacks, except for the man-driver cult within it.
Very interesting. Or more accurately, tings dat make you go hmmmmmm ..
On Parliament defiant in face of court ruling in email row
Posted 5 August 2016, 9:06 a.m. Suggest removal
banker says...
The need for Julian Assange in this matter is to find out how Jerome illegally got the emails, and then jail him for his illegal act.
On Parliament defiant in face of court ruling in email row
Posted 4 August 2016, 3:38 p.m. Suggest removal
banker says...
Parliamentary privilege does not allow one to break the law. They are all too stupid, dense, retarded, foolish, ill-advised, irrelevant, laughable, ludicrous, naive, senseless, short-sighted, simple, rash, thick, brainless, unintelligent, dim, dolted, dopish, half-witted, insensate, obtuse morons with no sense of human decency, dignity or patriotism. It is a disease that they possess. My grandmother called it by a term .. a derogatory term starting with "N" for Black people with the suffix "itis". And she was a princess of a woman from Moss Town.
On Parliament defiant in face of court ruling in email row
Posted 4 August 2016, 11:54 a.m. Suggest removal
banker says...
As usual, the report is pie-in-the-sky. Just because 117 million outbound Chinese tourists spent nearly $500 billion in 2014, the faulty assumption is that the pie is big enough for us to get a piece of.
Here is some stuff from my Bloomberg terminal:
If you do any sort of in-depth analysis, most of the tourists go to ASEAN +6 Countries. Association of SouthEast Asian Nations (Australia, India, Japan, New Zealand, and South Korea, Brunei Darussalam, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand, and Vietnam-- Hong Kong is part of China, but it is the 4th largest destination for outbound Chinese tourists ).
The top destination for Chinese tourism is South Korea. It is close (remember the Chinese do not get a lot of time off work), and it has access to the luxury goods that the Chinese tourists want. 64% were women. Fond of shopping, countries producing high-quality goods attracted them a lot. Outbound tourists aged between 25 and 34 became the largest outbound tour group, indicating a younger average age. We do not attract young tourists.
The Chinese are not attracted to the beach culture. It is a uniquely North American and English European thing.
There is a huge difference in the way Chinese travel between the richer Chinese and the poorer Chinese. Less affluent Chinese use travel agencies and buy package deals. Obviously these Chinese are not shopping for luxury goods. Here is where they go:
1. Thailand (15%)
2. Hong Kong (13%)
3. South Korea (12%)
4. Japan (11%)
5. Taiwan (8%)
6. Macau (7%)
7. Singapore (4%)
8. Vietnam (3%)
9. Malaysia (3%)
10. Indonesia (2%)
Meanwhile, more affluent Chinese with money have different travel patterns. Their destinations include some European countries:
Top 10 Outbound Destinations for Chinese Tourists not in packages:
1. South Korea
2. Taiwan
3. Japan
4. Hong Kong
5. Thailand
6. France
7. Italy
8. Switzerland
9. Macau
10. Germany
Notice France, Italy, Switzerland & Germany in the mix.
There is no way in hell, that Chinese tourists will be lured to Nassau when we have to compete with France, Italy, Switzerland & Germany. Notice there is not one sun, sand, sea destination.
These IDB authors who wrote this, obviously didn't do their research deeply enough into the motivations of the Chinese tourists, or indeed the motivation of China to come to the Caribbean. It is solely to counter the geo-political influence of America on Caribbean countries, and it worked. Crisco Butt and the PLP are now Chinese lackies, totally indebted to them and in their thrall and to boot, the Chinese are generally racist towards Blacks.
Bottom line, the only Chinese tourists here, are the ones working without work permits. And The Pointe is not going to open in 2017 as promised. Another late project from our wonderful Chinese friends.
On IDB report reveals Chinese tourism opportunity for Caribbean
Posted 3 August 2016, 7:48 p.m. Suggest removal
banker says...
As usual, Fred Smith is right again. Someday, somehow, history will see him as a great patriot. The Bahamas is not enlightened enough to see that now, except for a very few.
On QC: Judgement in email leak “saves financial industry” in Bahamas
Posted 3 August 2016, 5:50 p.m. Suggest removal