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(CMC) – The state-owned Nassau Airport Development Company (NAD) says it is seeking investors willing to design, finance, construct and operate an on-site hotel at Lynden Pindling International Airport (LPIA).
“This request for proposals represents an opportunity to build a hotel to service our unique market of domestic and international passengers,” said Vernice Walkine, the NAD president and chief executive officer.
“An on-airport hotel at LPIA will enhance the experience of the customer and other airport stakeholders by offering convenient accommodations and quality amenities for travellers to Nassau/Paradise Island or for those connecting through LPIA for domestic or international travel,” she added.
NAD, which is operated by Vantage Airport Group, a Canadian airport development and management firm, said that it will issue a Request for Proposal (RFP) document outlining details required to bid on the proposed airport hotel project. It said final proposal submissions will be due on May 24, this year.
NAD said the successful investor proponent will design, finance, construct and operate a hotel of three-stars or higher on 4.68 acres of vacant land just northeast of the existing US Departures Terminal building.
“We have built LPIA to the standards of an award-winning airport, with operations efficiency, passenger experience and sustainability in mind. We are seeking proponents who are capable of constructing and managing a hotel to those same standards,” Walkine added.
In April 2007, NAD signed a 30-year Lease with the government to manage and operate LPIA on a commercial basis while providing Bahamians with opportunities for business and investment. The lease has since been extended to 2057.