
3 minute read
$352M ABACO RESORT TO BE ‘HOSPITALITY BEACON’
from 02282023 BUSINESS
by tribune242
FROM PAGE B1 site into Paradise Landing, has partnered with resort brand, Montage International, for the project on the former Matt Lowe’s Cay. The development has a projected opening date of late 2024.
David Kosoy, Sterling Global Financial’s chairman, said the project will have 200 rooms and the capacity for 500 guests to stay at the resort at any given time. “We have over 50 hotel keys and suites, and about 1,000 square feet for one room…. We will have seven beaches, and the beaches are amazing,” he added.
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Alan Feurstman, Montage International’s founder and chief executive, said: “Our commitment is to training, and to working closely to develop and mentor an incredible staff and team that will make this a beacon of hospitality for not just the region, but for the entire world. This is one of those destinations when you visit, it’s unmatchable.”
This is the first Montage International development to hit the Caribbean. Chester Cooper, deputy prime minister, and minister for tourism, investments and aviation, described airlift as the “oxygen” for tourism and disclosed that there is a “new airline” that will be providing “business class seats” to supplement existing supply from Delta and American Airlines.
Airlift into Abaco and the rest of the Family Islands is expected to “grow”, based on 2022 arrivals that were on par with a recordbreaking 2019. “We are expecting that it will match the growth in tourism as we are forecasting a 16 percent increase over 2019 levels up to the end of June,” Mr Cooper said. “I can tell you that we’ve had a phenomenal January to the tune of for Change’, namely the creation of jobs, the development of our Family Islands and the empowerment of Bahamians. The project’s three-phase implementation will see the creation of some 90 jobs, over half of which will be based in the Family Islands,” Mr Davis said.
“We are ushering in a new age of agriculture, an age of promise and prosperity, an age where we make the most of what we have in the most sustainable manner possible. This is especially important for low and middle income families who are disproportionately affected by ballooning inflation on imported foods.”
150 percent greater than we saw in 2022.”
Mr Cooper said that along with the Kakona project in South Abaco and Montage Cay, there is another development set to come on stream worth $1bn, but he did not disclose the name or particulars of the investment. “There are several smaller investments to rebuild jobs in Hope Town and the rest of the cays since Hurricane Dorian,” he added. “Abaco has really been a very interesting island for investors. Much of it is restoration as a result of the damage caused by Hurricane Dorian.” With regard to the Grand Lucayan’s potential sale, Mr Cooper said the Government is still working diligently on securing a buyer and an announcement on the matter will be made soon.
Head of Facilities and Maintenance
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We are looking for an exceptional Head of Facilities and Maintenance, who brings outstanding experience, high standards and a solution focused approach. You will be able to demonstrate the ability to assist in the key decision making related to systems, their commissioning and critical infrastructure required for our new, state of the art school campus in Western New Providence. Working with the site delivery team, consultants and others, as Head of FM you will be central to ensuring a smooth transition of the project from live construction to practical completion and handover. Amongst other responsibilities you will: deliver monthly and annual strategic reporting and planning; produce a multi-year campus maintenance plan; coordinate all maintenance related works to the campus and its facilities; support the site team throughout the current construction process, whilst always ensuring regulatory compliance and adherence to global best practice.
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To apply please send a CV and letter of motivation to admin@kingscollegeschool.bs