It is refreshing all those commenting on my Letter to the Editor, save one, used critical thinking, and are cautious or dubious about the full-scale Baha Mar ever operating at a profit.
Many casino projects eventually prove too large for any city. I think all readers should look first to Las Vegas. More than a dozen multibillion-dollar projects sit unfinished or idle today (World Trade Center, Harley Davidson, Playboy, DeVille, the Fontainebleau, and many others), created by the hubris of the original Developers. Looking at Atlantic City in New Jersey is beyond sobering.
I and all the people I know wish Baha Mar the greatest success. But this writer fears it is too large, it is now many years behind schedule, and was constructed for markets that have simply disappeared, if they existed at all.
I'm sure most readers will have noted the first five star hotel opened yesterday in Cuba. If their and the U.S.government someday drops Cuba travel restrictions, the results will be instant and negative for the Bahamas.
Again, it is refreshing that most Bahamians can look at Baha Mar objectively, with intellectual concern, not emotional name-calling.
turtle777 says...
In the United States, 100% of what Sarkis Izmirlian is proposing is legally correct.
Here, not sure what will happen.
On Sarkis: Halt the Baha Mar sale
Posted 27 June 2017, 11:50 a.m. Suggest removal
turtle777 says...
It is refreshing all those commenting on my Letter to the Editor, save one, used critical thinking, and are cautious or dubious about the full-scale Baha Mar ever operating at a profit.
Many casino projects eventually prove too large for any city. I think all readers should look first to Las Vegas. More than a dozen multibillion-dollar projects sit unfinished or idle today (World Trade Center, Harley Davidson, Playboy, DeVille, the Fontainebleau, and many others), created by the hubris of the original Developers. Looking at Atlantic City in New Jersey is beyond sobering.
I and all the people I know wish Baha Mar the greatest success. But this writer fears it is too large, it is now many years behind schedule, and was constructed for markets that have simply disappeared, if they existed at all.
I'm sure most readers will have noted the first five star hotel opened yesterday in Cuba. If their and the U.S.government someday drops Cuba travel restrictions, the results will be instant and negative for the Bahamas.
Again, it is refreshing that most Bahamians can look at Baha Mar objectively, with intellectual concern, not emotional name-calling.
rickards
On Baha Mar - and what comes next
Posted 23 May 2017, 9:10 a.m. Suggest removal