Search results
Results from the WOW.Com Content Network
Treasure Cay, is a parcel of land connected to Great Abaco Island in The Bahamas.It has a population of 1,187 as of the 2010 Bahaman census. [1]There are two resorts Bahama Beach Club developed by Businessman Craig H. Roberts and Treasure Cay Beach Hotel, Marina & Golf resort, condos, villas, and private homes, many for rent.
In terms of gross domestic product per capita, the Bahamas is one of the richest countries in the Americas (following the United States and Canada), with an economy based on tourism and finance. [1] Tourism alone provides an estimated 45% of the gross domestic product (GDP) and employs about half the Bahamian workforce.
The Abaco Islands lie in the north of The Bahamas, about 193 miles (167.7 nautical miles or 310.6 km) east of Miami, Florida, US. The main islands are Great Abaco and Little Abaco, which is just west of Great Abaco's northern tip. [3] There are several smaller barrier cays, of which the northernmost are Walker's Cay and its sister island Grand Cay.
Coopers Town is a village in Abaco, the second largest island of the Bahamas. It has a population of 676, per the 2010 census. [1] The town is the northernmost of the island's main centres of population. It was settled in the 1870s by the Albert Bootle family from Grand Bahama.
Castaway Cay was the first private island in the cruise industry where the ship docks on the island, eliminating the need for guests to be tendered to land. [ 1 ] The island is still largely undeveloped as only 55 of the 1,000 acres (4.0 km 2 ) are being used.
Baker's Bay Golf & Ocean Club is a private resort community in the Northeastern Bahamas. [1] The development is located near Baker's Bay in Great Guana Cay situated between the Sea of Abaco and the Atlantic Ocean. The 585-acre (2.37 km 2) project is a resort development of 385 homes.
For a period of years, Andros sponging was The Bahamas' largest industry. In the 1930s, the sponges were wiped out by a Red Tide infestation. The sponging industry died, and the spongers left the island for Key West, and Tarpon Springs, Florida. Thousands of unemployed Bahamians moved to the village of Coconut Grove near Miami. [13]
The Bahamian economy is almost entirely dependent on tourism and financial services to generate foreign exchange earnings. The Gross Domestic Product (GDP) of the Bahamas is approximately $5.7 billion with tourism accounting for 50%, financial services nearly 20% and the balance spread among retail and wholesale trade, fishing, light manufacturing and agriculture. [9]