A new $2 billion resort in the Bahamas is expected to compete with the long-established Atlantis on Paradise Island.
The project represents the largest single-phase development in the Caribbean.
It represents an "unprecedented joint venture," said Hotel Online, that will create a "unique metropolis in its setting, design, operation and services."
Baha Mar Resorts Ltd. says it finalized an agreement with casino operator Harrah's Entertainment Inc. and hotelier Starwood Hotels & Resorts Worldwide Inc. to build the resort.
Baha Mar will be a mixed-use project on a 1,000-acre site in Nassau.
"They have done a good job, and they are a big project sitting on Paradise Island," Baha Mar Resorts President Don Robinson told Reuters. "We provide an alternative in the Bahamas other than Atlantis."
"This ... will only add to the overall tourism draw to the region," said a spokesman for Atlantis.
Travelers around the world can expect long waits at security checkpoints for the near future as officials in the UK uncovered a terrorist plot that was to use a liquid explosive.
Travelers around the world can expect long waits at security checkpoints for the near future as officials in the UK uncovered a terrorist plot that was to use a liquid explosive. UK officials have gone as far to ban all carry on baggage and any type of liquid from being checked.
Travelers around the world can expect long waits at security checkpoints for the near future as officials in the UK uncovered a terrorist plot that was to use a liquid explosive. UK officials have gone as far to ban all carry on baggage and any type of liquid from being checked.
While carry ons are still allowed in the US the terror alert at all airports has been raised to RED for the first time in the history of the system. Homeland Security took immediate steps that included barring passengers from carrying liquids, including beverages, hair gels and lotions, on planes.The threat level for the country as a whole remained at yellow, according to the web site for Homeland Security.
People with travel plans are asked to allow extra time to get through security. For airport wait times click here.
