A government delegation headed by Prime Minister Dr Hubert Minnis tours the Grand Lucayan Resort led by hotel manager Veronica Clarke, right. Photo: Shawn Hanna/Tribune Staff
NASSAU, Bahamas — The government has made a $10m down payment to acquire the Grand Lucayan resort at a price tag of $65m and expects to complete the purchase from Hutchinson Whampoa within the next 30 days, Prime Minister Dr Hubert Minnis confirmed yesterday, The Tribune reported August 23.
He spoke in Grand Bahama after touring the resort and the Port Lucaya Marketplace where he spoke to concerned residents struggling to deal with the Lucayan strip’s reduced economic activity following the resort’s closure in 2016. http://www.tribune242.com/news/2018/aug/23/were-hotel-business-now/
