Many major hotels suffered from cancellations by US visitors during what should have been a high occupancy time resulting from the Labour Day holiday. However this loss of business may have been cushioned by the influx of Bahamians and residents seeking shelter in the hotels from Hurricane Frances.
Damage to Nassau/New Providence resorts appeared to have been relatively light compared to previous storms, although properties on the Cable Beach strip were exposed to storm surges. Most damage in Nassau was related to downed trees and power lines.
The Tribune was last night told that work on the Harborside timeshare complex and Marina Village, part of Atlantis’ billion dollar Phase III expansion, had not been damaged by Frances and storm would not delay construction.
But while New Providence may have been relatively lucky, resorts in the harder hit family islands were not. Club Med’s flagship San Salvador property was likely to be out of action for two months, dealing a potentially crippling economic blow to an island where the resort is the principal source of income and employment.
Source: The Tribune