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Baha Mar


  • Baha Mar is a resort under construction on the island of New Providence in the Bahamas, owned by Baha Mar Resorts Ltd. and managed by CEO Sarkis Izmirlian

Baha Mar facts

  • Planned amenities include four hotels – Baha Mar Casino & Hotel, Grand Hyatt at Baha Mar, SLS LUX, Rosewood at Baha Mar – with 2,200 rooms, 284 private residences, a 100,000-square-foot (9,300 m2) casino, a 30,000-square-foot (2,800 m2) spa, and the Tournament Players Club at Baha Mar golf course designed by Jack Nicklaus
  • On 30 March 2010 an agreement on the redevelopment of the resort was announced
  • The project will be financed by China Exim Bank while construction will be performed by China Construction America (CCA)
  • Groundbreaking for the redevelopment took place on 21 February 2011 with the resort opening expected on March 27, 2015
  • The whole project will cost around US$3.5 billion
  • The flagship of the project is the Baha Mar Casino & Hotel, which is planned to have 1,000 rooms and more than 1,100 slot machines and 150 table games
  • Global Gaming Asset Management was selected to operate the casino-hotel
  • As of April 2016, construction had been halted for nearly a year with the resort 97% complete
  • Chapter 11 bankruptcy (permitting reorganisation rather than winding-up) was filed on June 29, 2015 in a Delaware court but dismissed in September
  • A Bahamian judge put provisional liquidators in charge

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