Wednesday, Jan 22, 2020
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NAD to issue request for proposals on airport hotel

The Nassau Airport Development Company Limited (NAD) is building a request for proposals (RFP) for those companies that responded to its expression of interest (EOI) to develop an airport hotel.

NAD Vice President of Marketing & Communications Jan Knowles said the company was pleased with the interest expressed in airport hotel, to be built on the site of the former domestic departures terminal at the Lynden Pindling International Airport (LPIA).

“Based on the responses provided we are building an RFP and plan to issue this to proponents in 2018,” she said.

The EOI called for qualified firms to design, finance, construct and operate the airport hotel.

According to NAD, the hotel and multipurpose facility “would play an important role in meeting the needs of connecting our in-transit domestic and international travelers; and enhance the passenger experience by providing conveniences, quality services and amenities for both business and leisure passengers”.

The qualifications required by NAD from interested companies include at least ten years of experience as a developer and operator of hotels within The Bahamas or Caribbean region, or otherwise internationally and preferably in an airport environment.

“Interested proponents must clearly demonstrate the ability to finance, develop and operate any hotel and multi-use facility project deemed feasible for the airport,” the company stated.

NAD was initially moving towards the issuance of a request for proposals, but opted for an EOI to feel out the market.

Knowles added that NAD also issued an EOI for duty free retail concessions at LPIA, and based on the responses of various proponents issued an RFP that concluded on June 26.

“We are again pleased with the level of interest in doing business at LPIA and look forward to improving our retail offering within the terminal,” she said.

Knowles said the recent increase in value-added tax (VAT) will likely not affect the day-to-day operations of the airport, but adjustments will have to be made in places where NAD brings in its revenue, for example people operating concessions within the airport.

“Like other businesses we have adjusted our systems and will now collect 12 percent VAT from our various revenue streams beginning July 1, 2018,” she said.

Chester Robards

Senior Business Reporter at The Nassau Guardian
Chester Robards rejoined The Nassau Guardian in November 2017 as a senior business reporter. He has covered myriad topics and events for The Nassau Guardian.
Education: Florida International University, BS in Journalism
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