# NuseReal

Royal Caribbean sheds junk-debt status after Moody's upgrade (LINK limited) 19 May 2025

Miami real estate developer Concord Wilshire Capital has acquired the Grand Lucayan beachfront resort and golf course for $120 million and plans $827m redevelopment (LINK) 15 May 2025

— CWC plans to redevelop the property to include a walkable village home to a 36-acre cruise ship destination resort open to all cruise lines and able to accommodate 10,000 passengers a day. The plans also include a branded 350-key hotel and 120 residential and timeshare units, a 25,000-square-foot indoor and poolside casino, 18-slip mega yacht marina and a 160-acre new Greg Norman Championship Signature Golf Course.

— CWC is working in partnership with Bahamaland Investments, which is acquiring Port Lucaya Marina and Grand Bahama Yacht Club to bring in the facilities of the Port Lucaya Marketplace that's home to local shops.

Government signs historic HOA with Concord Wilshire — (LINK)

— Prime Minister Davis revealed that the "very ambitious" redevelopment of the resort includes a full-scale cruise resort, revitalized 25,000-square-foot casino, a Greg Norman-designed golf course, 16-slip mega-yacht marina, over-the-water cabanas, beach clubs, family attractions, water parks, retail spaces, restaurants and music venues. More than 1,300 jobs will be created and 1,750 permanent jobs will be available when the development is fully operational. "We've said clearly: Bahamians must be at the centre of this. At least 80% of these jobs must go to our people."

Founder of Xquisite Yachts in Grand Bahama, Tamas Hamor has announced the company's intention to develop a $40 million luxury condo residence on property adjacent to its marina: 70 condo units with docks around it and a passagelike walkway down to the beach directly (LINK)14 May 2025

College student dies after falling from balcony during senior trip to Bahamas Paradise Island (LINK) 11 May 2025

Official statement: US State Secretary Rubio meets with Eastern Caribbean and Bahamas Heads of Government "to underscore the urgent need for enhanced regional cooperation to combat drug and firearms trafficking and illegal migration" (LINK) 6 May 2025

Woman claims 6-year health nightmare began after swimming with the pigs in Bahamas at Pig Beach near Nassau: parasitic roundworm infection after holding a piglet close to her face (LINK) 5 May 2025

Royal Caribbean Cruise Lines acquire Xanadu Beach Resort: the 0.19km2(40-acre) Xanadu property is valued at approximately $348 million. (LINK) — 30 April 2025

— Grand Bahama Port Authority (GBPA) President Ian Rolle noted similar investment projects like Celebration Key, the MSC development and the Xanadu Resort acquisition deal. "Our desire is to connect Bahamians with the opportunities right in front of them, pay attention to what's going on, do their research, gain knowledge and participate in this growing tourism economy which I think is going to be the most significant growth that we've ever had in Freeport within the next five years."

GB mourns passing of business icon Mario Donato (LINK) 29 April 2025

This Bahamas fishing village offers a peaceful getaway with serene beaches: Spanish Wells, plus Pearl Island and Norman's Cay (LINK) — 20 April 2025

Sexual assaults warning issued for American women renting jet skis in Nassau, the Bahamas capital — 10 April 2025 (LINK)

Bahamas cost of living: $10,000 per year 1968 to $10,000 per month 2024 — 25 March 2025 (LINK)

Ron DeSantis reveals Donald Trump's role in stopping Bahamian hurricane evacuees from evacuating to Florida in 2019 — 24 March 2025 (LINK)

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