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Baha Mar
Baha Mar is a resort complex on the island of New Providence in The Bahamas. 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, a 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 and will be using 70% Chinese labor brought in from mainland China. Groundbreaking for the redevelopment took place on 21 February 2011 with the resort opening expected ...
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Nassau, Bahamas
Nassau ( ) is the capital and largest city of the Bahamas. With a population of 274,400 as of 2016, or just over 70% of the entire population of the Bahamas, Nassau is commonly defined as a primate city, dwarfing all other towns in the country. It is the centre of commerce, education, law, administration, and media of the country. Lynden Pindling International Airport, the major airport for the Bahamas, is located about west of the city centre of Nassau, and has daily flights to major cities in Canada, the Caribbean, the United Kingdom and the United States. The city is located on the island of New Providence. Nassau is the site of the House of Assembly and various judicial departments and was considered historically to be a stronghold of pirates. The city was named in honour of William III of England, Prince of Orange-Nassau. Nassau's modern growth began in the late eighteenth century, with the influx of thousands of Loyalists and their slaves to the Bahamas following the A ...
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Tournament Players Club
Tournament Players Club (TPC) is a chain of public and private golf courses operated by the PGA Tour. Most of the courses either are or have been hosts for PGA Tour events, with the remainder having frequently hosted events on the Korn Ferry Tour or PGA Tour Champions. In 2020, Harding Park became the first TPC course to host a major when it hosted the PGA Championship. The flagship Tournament Players Club for the PGA Tour was TPC Sawgrass in Ponte Vedra Beach, Florida, designed in 1980 and now the headquarters of the PGA Tour. TPC courses are designed to accommodate the large crowds attracted to high-profile tournaments. One of the drivers for the development of the chain by the PGA Tour is that by holding tournaments on its own courses, it avoids sharing the proceeds with external course owners. In 2007, the PGA Tour reached an agreement with Heritage Golf Group for the sale of four TPC courses; TPC Eagle Trace, TPC Michigan, TPC Piper Glen, and TPC Prestancia. Although t ...
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Resorts In The Bahamas
A resort ( North American English) is a self-contained commercial establishment that tries to provide most of a vacationer's wants, such as food, drink, swimming, lodging, sports, entertainment, and shopping, on the premises. The term ''resort'' may be used for a hotel property that provides an array of amenities, typically including entertainment and recreational activities. A hotel is frequently a central feature of a resort, such as the Grand Hotel at Mackinac Island, Michigan. Some resorts are also condominium complexes that are timeshares or owned fractionally or wholly owned condominium. A resort is not always a commercial establishment operated by a single company, but in the late 20th century, that sort of facility became more common. In British English, "resort" means a town which people visit for holidays and days out which usually contains hotels at which such holidaymakers stay. Examples would include Blackpool and Brighton. Destination resort A desti ...
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Casinos In The Bahamas
Casinos may refer to: * Casinos, Valencia, municipality in Spain * David Casinos (born 1972), Spanish Paralympian athlete * The Casinos, an American popular music group See also *Casino (other) A casino is a facility that houses and accommodates certain types of gambling activities. Casino may also refer to: Places * Casino, New South Wales, Australia ** Casino railway station, New South Wales, Australia ** The 20th-century electoral ...
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Chapter 11
Chapter 11 of the United States Bankruptcy Code (Title 11 of the United States Code) permits reorganization under the bankruptcy laws of the United States. Such reorganization, known as Chapter 11 bankruptcy, is available to every business, whether organized as a corporation, partnership or sole proprietorship, and to individuals, although it is most prominently used by corporate entities. In contrast, Chapter 7 governs the process of a liquidation bankruptcy, though liquidation may also occur under Chapter 11; while Chapter 13 provides a reorganization process for the majority of private individuals. Chapter 11 overview When a business is unable to service its debt or pay its creditors, the business or its creditors can file with a federal bankruptcy court for protection under either Chapter 7 or Chapter 11. In Chapter 7, the business ceases operations, a trustee sells all of its assets, and then distributes the proceeds to its creditors. Any residual amount is returned to the ...
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China Construction America
China Construction America () Founded in 1985, China Construction America (CCA) is a subsidiary of China State Construction Engineering Corporation Ltd. (CSCEC) — the world's largest construction and real estate conglomerate and the biggest global contractor — that operates on the East Coast of the U.S and the Gulf of Mexico, the Caribbean, and Latin America, having many finished and ongoing projects worldwide. CSCEC was ranked the 18th on Fortune Global 500 list. Headquartered in Jersey City, NJ, CCA operates mainly in New York, New Jersey, Washington, DC, South Carolina, North Carolina, Louisiana, Florida, California, the Caribbean, and Panama. CCA provides a range of construction services, such as program management, construction management, general contracting, design-build and public-private partnership assistance for public and private clients. CCA was ranked the 57th biggest contractors in the 2020 Engineering News-Record Top 400 Contractors list, the 35th biggest con ...
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China Exim Bank
China, officially the People's Republic of China (PRC), is a country in East Asia. It is the world's List of countries and dependencies by population, most populous country, with a Population of China, population exceeding 1.4 billion, slightly ahead of India. China spans the equivalent of five time zones and Borders of China, borders fourteen countries by land, the List of countries and territories by land borders, most of any country in the world, tied with Russia. Covering an area of approximately , it is the world's third List of countries and dependencies by area, largest country by total land area. The country consists of 22 provinces of China, provinces, five autonomous regions of China, autonomous regions, four direct-administered municipalities of China, municipalities, and two special administrative regions of China, Special Administrative Regions (Hong Kong and Macau). The national capital is Beijing, and the List of cities in China by population, most populous cit ...
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Cable Beach, Bahamas
Cable Beach is a beach, resort destination, and populated place on the northern coast of New Providence Island in the Bahamas west of Nassau. It spans two and a half miles. It is home to Pompey Market. History It is said Cable Beach owes its name to an 1892 submarine telegraph cable linking Jupiter, Florida to Goodman's Bay. Tourism in the area dates back as early as the 1940s, and by the 1950s, it had become a centre for hotel development. It was called the Bahamian Riviera. The Emerald Beach Hotel, opened in 1954, was the first air conditioned hotel and opened the largest casino in the Bahamas. Although the hotel is defunct and has been replaced more than once, the casino is still in use to this day. Howard Deering Johnson's first venture outside of the United States opened in 1958 in Cable Beach. Cable Beach experienced a period of instability in the wake of Bahamian independence and liberation as well as the rise of the newer Paradise Island and other tourism competitors ...
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Jack Nicklaus
Jack William Nicklaus (born January 21, 1940), nicknamed The Golden Bear, is a retired American professional golfer and golf course designer. He is widely considered to be one of the greatest golfers of all time. He won 117 professional tournaments in his career. Over a quarter-century, he won a record 18 major championships, three more than second-placed Tiger Woods. Nicklaus focused on the major championships—the Masters Tournament, U.S. Open, Open Championship and PGA Championship—and played a selective schedule of regular PGA Tour events. He competed in 164 major tournaments, more than any other player, and finished with 73 PGA Tour victories, third behind Sam Snead (82) and Woods (82). Nicklaus won the U.S. Amateur in 1959 and 1961 and finished second in the 1960 U.S. Open, two shots behind Arnold Palmer. Nicklaus turned professional at age 21 toward the end of 1961. He earned his first professional victory at the 1962 U.S. Open, defeating Palmer by three sh ...
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Rosewood Hotels & Resorts
Rosewood Hotels & Resorts is an international luxury hotel and resort company operating 28 hotels in 16 countries, currently owned by Hong Kong-based Rosewood Hotel Group (formerly New World Hospitality and rebranded in May 2013). It was founded in Dallas, Texas in 1979 by Caroline Rose Hunt, the daughter of oil tycoon H. L. Hunt. The company was sold by Rosewood Corp. and Maritz, Wolff & Co. in 2011 to New World Hospitality for $229 million, along with five of the properties that were sold for $570 million. Arranged by Perkins Coie, the $800 million deal was awarded “Merger & Acquisition of the Year 2011” by the Americas Lodging Investment Summit. History Caroline Rose Hunt founded Rosewood in 1979, desiring to create residential-style luxury hotels that would provide guests with attentive personalized services. A year later, Hunt converted the mansion of Texas cotton magnate Sheppard King into Rosewood's first hotel, The Mansion on Turtle Creek, located in the upscale ...
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President (corporate Title)
A president is a leader of an organization, company, community, club, trade union, university or other group. The relationship between a president and a chief executive officer varies, depending on the structure of the specific organization. In a similar vein to a chief operating officer, the title of corporate president as a separate position (as opposed to being combined with a "C-suite" designation, such as "president and chief executive officer" or "president and chief operating officer") is also loosely defined; the president is usually the legally recognized highest rank of corporate officer, ranking above the various vice presidents (including senior vice president and executive vice president), but on its own generally considered subordinate, in practice, to the CEO. The powers of a president vary widely across organizations and such powers come from specific authorization in the bylaws like '' Robert's Rules of Order'' (e.g. the president can make an "executive decision" o ...
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Sbe Entertainment Group
SBE (''SamyBoy Entertainment'') is a privately held lifestyle hospitality company. SBE owns and operates over 20 hotels, 70 restaurants, and 42 lounges, and shares its headquarters between Los Angeles, New York City, and Miami. History SBE was established in 2002 by founder and CEO Sam Nazarian. SBE's established and upcoming hotel brands include SLS Hotel & Residences, Delano, Mondrian, Redbury, Hyde Hotel & Residences, Clift, Hudson, Sanderson and St Martins Lane. In November 2016, SBE acquired Morgans Hotel Group adding 13 boutique hotels to its portfolio, including New York's Hudson, the Mondrian and Delano brands, as well as Morgans Originals. Although Morgans was a public company, SBE acquired it in a "take-private" transaction, and therefore, SBE continues to be a private company. In June 2020 all of SBE's hotel holdings were sold to Accor. In the same Month, SBE founded C3 by SBE, a ghost kitchen startup. Management Nazarian holds majority ownership of SBE, and re ...
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