Bahamian Hotel Ownership in The Bahamas
Introduction
Tourism is the heartbeat of The Bahamas, serving as the foundation of its economy and offering a tropical paradise to millions of visitors annually. With its pristine beaches, vibrant culture, and luxurious resorts, The Bahamas has long been a prime destination for global travelers. The hotel industry plays a pivotal role in supporting this influx, with hotels ranging from extravagant all-inclusive resorts to intimate boutique establishments.
However, while tourism thrives, there is an emerging need for more Bahamians to assume ownership roles within the hotel industry. The hospitality sector offers tremendous potential for economic empowerment, but many of the large hotels and resorts are foreign-owned. Encouraging and supporting more Bahamians to become hotel owners, especially on the Family Islands, is essential for fostering sustainable growth, ensuring that more profits remain within the country, and promoting authentic Bahamian experiences for visitors.