The Bahamas Weekly Facebook The Bahamas Weekly Twitter
News : Grand Bahama Last Updated: Feb 6, 2017 - 2:32:04 PM

Old Bahama Bay transitions lodging unit management to condominium owners
By Keen i Media Ltd
Dec 16, 2011 - 12:48:10 PM

Email this article
 Mobile friendly page

WEST END, GRAND BAHAMA —  Consistent with its established effort to focus attention on the development and operation of the commercial and utility properties it owns, the Old Bahama Bay Resort (OBB Resort) development company has announced that it will not renew its rental management agreement with the condominium owners at the resort.

A proposed continuation plan would result in the property and rental management responsibilities reverting to the condo owners themselves, while OBB Resort will continue to operate the marina and oversee food and beverage operations.
Contrary to reports in the local press, Old Bahama Bay Resort is not closing operations.
Those employees directly involved in the rental and property management would now fall under the management and the responsibility of the 73-unit condo owners.
Indications are that the condo owners will continue to operate their units at Old Bahama Bay Resort and may maintain some of the existing human resources as they are today.
Old Bahama Bay Resort will continue its efforts to extend the development community of West End, which includes seeking out capable third party operators for its various assets in the region. These steps will further clarify and streamline the developmental structure, and allow for greater progress to be seen for West End and Grand Bahama Island.

Bookmark and Share

© Copyright 2011 by thebahamasweekly.com

Top of Page

Receive our Top Stories

Preview | Powered by CommandBlast

Grand Bahama
Latest Headlines
Scotiabank Employees in Grand Bahama diagnosed with COVID-19
GBPA unveils monument honouring Hurricane Dorian victims
Bahamas Customs Office Grand Bahama closed until Friday July 17th
BRCS/GBPA Kick-Off Entrepreneurial Training for SBR Grant Recipients
Grand Lucayan Employee Separations: A Fulfillment of Obligation Under Agreement for Sale