The Bahamas gears up for $1B tourism revenue increase – CARICOM Business

Royal Caribbean International (RCI) expects its Royal Beach Club project on the western end of Paradise Island to bring into the Bahamas about $100 million per year over ten years and employ 250 Bahamians for construction and operations, according to a fact sheet on the project seen by Guardian
Business.

RCI hopes to open the beach club – which the company says will be able to accommodate 3,500 visitors – by 2023. RCI said the $1 billion that will be directed into the country over ten years will be as a result of guest spend,
government taxes and other expenditures. The fact sheet also reveals that Bahamians will be welcomed to visit the beach club, but only when RCI’s ships are not in port. 

Extract from CARICOM BUSINESS Vol. 4 No. 15

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Source: CARICOM TODAY