|Graeme Davis (President)|
Baha Mar is a 1,000-acre resort complex on the island of New Providence in the Bahamas, close to its capital Nassau. Owned by Hong Kong-based Chow Tai Fook Enterprises, the establishment opened in April 2017. The amenities include three hotels (a Grand Hyatt, SLS Baha Mar, and the Rosewood) with a total of 2,200 rooms, 284 private residences, a casino of 100,000-square-foot (9,300 m2), a 30,000-square-foot (2,800 m2) spa, and a Tournament Players Club golf course designed by Jack Nicklaus.
On 30 March 2010 an agreement on the redevelopment of the resort was announced between a local Bahamas based investor and the government, in order to help revitalize Cable Beach, the most popular beachfront destination on New Providence Island. The project would subsequently be joined by other investors, which led to it being financed by China Exim Bank, while construction would be performed by China Construction America. Groundbreaking for the redevelopment took place on 21 February 2011 with the resort opening expected on March 27, 2015. The whole project would eventually cost around US$4 billion. By April 2016, construction was halted for nearly a year with the resort 97% complete following the original investor's Chapter 11 bankruptcy filed in 2015 in a Delaware court (sidestepping Bahamas jurisdiction) but dismissed in September. A Bahamian judge subsequently put provisional liquidators in charge.
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- John Lippert,Dawn McCarty (4 January 2016). "The Ghosts of Baha Mar: How a $3.5 Billion Paradise Went Bust". Bloomberg.com.
- Ava Turnquest; Khrisna Virgil (December 12, 2016). "PM confirms Baha Mar sale to Chow Tai Fook Enterprises". Bahamas Tribune. Retrieved 2018-06-05.
- "Chow Tai Fook Enterprises Limited to own and operate Baha Mar Resort" (Press release). Chow Tai Fook Enterprises. December 12, 2016. Retrieved 2018-06-05 – via PR Newswire.
- Khrisna Virgil (March 22, 2017). "Baha Mar is 'handed over'". Bahamas Tribune. Retrieved 2018-06-05.
- Neil Hartnell (December 5, 2017). "Baha Mar sale meets December 1st deadline". Bahamas Tribune. Retrieved 2018-06-05.
- Nancy Trejos (May 29, 2018). "Baha Mar, the largest casino and hotel complex in the Caribbean, is open". CNBC. Retrieved 2018-06-05.
- Jamie Biesiada (June 1, 2018). "Rosewood hotel opens at Baha Mar". Travel Weekly. Retrieved 2018-06-05.
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