Rising aviation fees threaten Bahamas tourism competitiveness
Published 22 h ago1 sourceEvidence: Reported
The Deputy Prime Minister of the Bahamas sought to calm local concerns in Exuma over Royal Caribbean's $3bn acquisition of a 50% stake in Sandals, stating it will not lead to mass cruise tourism. The deal, which is pending, raises questions about the future tourism model for the island, but the DPM's reassurances aim to preempt local opposition. The actual impact remains uncertain until the acquisition is finalized and operational plans are disclosed.
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