The Bahamas Prime Minister Hubert Ingraham said recently that the government is “anxious” to recoup the $50 million it provided to help commence work on Phase I of the Lynden Pindling International Airport.

The Government is in discussions with the Inter-American Investment Corporation (IIC), a subsidiary of the Inter-American Development Bank (IBD), to access $10 million in funding to assist small hotels and medium-sized businesses that supply the tourism sector.

Brilla Group, a Miami-based private equity firm, announces that it has provided a $14 million structured lending facility to the world-famous Caribbean luxury resort Cap Juluca.

Vueling obtained a net profit of 45.99 million euros in financial year 2010. This amounts to a 66 percent increase on the results of the previous year (+27.78 million euros). The net margin stood at 5.7 percent, an increase of 1.1 points over that of 2009 (4.6 percent).

Chile announced Wednesday that cruise vessels operating in Chilean waters will benefit from significant rebates in port access and docking operations with the implementation of recent modifications to the ruling on rates and charges from the Maritime Transport and Merchant Navy Department.

Priceline reported a 35 percent increase in fourth-quarter revenues over last year, and net income of $175 million, a 72.2 percent increase compared to the prior year. The group's gross profit for the fourth quarter was $478.4 million, a 52.8 percent increase from the prior year. International operations contributed gross profit in the fourth quarter of $374 million, a 68.4 percent increase versus a year ago.