By Fred Sturrup | GB News Editor | [email protected]
Jobs! Jobs! Jobs!
The announcement by the Prime Minister Philip Davis led Government of the Bahamas, on Wednesday, that the Electra America Hospitality Group had purchased the Grand Lucaya properties in Grand Bahama for $100 million, heralded the great opportunities for gainful employment residents have been wishing, hoping for.
Based in Florida, Electra certainly came to the table with a bundle of credentials. Its marketing promo follows: “Electra America Hospitality Group (EAHG) is a unique joint venture between Electra America, a leading real estate operator and capital provider, and AKA, a leading provider of long-short term luxury accommodations. The partnership is designed to capitalize on dislocation in the hotel industry. Marrying Electra’s expertise in value-add investing and repositioning with AKA’s unique, design-driven philosophy and loyal customer base, EAHG generates premium returns for investors through the acquisition, renovation and management of well-located hotel resorts with upside potential in major U.S. markets.”
The Grand Lucayan properties certainly fit the bill, and all of The Bahamas, from a business perspective, is considered an extension of the U.S. market.
Moving about Grand Bahama in the days following the announcement, the name Philip Davis was heard spoken of highly by all and sundry. Frankly, although he is the maestro of the governing political party, the signing by Electra transcended politics. Folks view the development as something joyful for all; and PM Davis and his associates in the Ministry of Tourism and Ministry of Grand Bahama are accordingly complimented.
As for the Prime Minister, he continues to overachieve, when one considers how he was perceived during the early years after he ascended to the helm of the Progressive Liberal Party and when the most recent general elections campaign began. His transformation to what he is today, has been nothing short of magnificent. There is no doubt that, as the head coach, he makes the jobs of his Cabinet Ministers so much easier.
The PM has orchestrated a comfort zone in this country not experienced throughout the entirety of the Free National Movement Dr. Hubert Minnis’ governance or during the latter portion of the Perry Christie administration’s second term. In less than a year, Davis has gone to a lofty height, whereby he can legitimately be talked positively about in the same FNM-Hubert Ingraham and PLP-Perry Christie conversation. It was Ingraham who was the catalyst behind the emergence of Atlantis, that great resort empire on Paradise Island; and likewise Christie is to be thanked for the Baha Mar grand hospitality facility in New Providence. In both cases, the day was saved for the country financially, as Atlantis and Baha Mar ushered in climates for economic security through thousands of steady, part-time and sourced out jobs. For Grand Bahama, finally, there is the substantive sign of economic revitalization. Prime Minister Davis, is indeed charting his own course, but functioning similar to a phrase coined by Ingraham: “I say what I mean and mean what I say.” Just a couple of months into his prime ministership, right in Grand Bahama during a press conference, Davis said it’s time for there to be much more than just talk about what needs to and will happen with Grand Bahama economically. Well, his government is placing substantive action alongside the talk.
Grand Bahama is better off with his leadership.