Premier Travel Publication Sites Grand Bahama Island's First Upscale Resort,
Marina and Residential Community for Its Serenity and Gracious Service

New York, NY, May 1, 2002- Old Bahama Bay, a resort, residential and marina community nestled in West End, Grand Bahama Island, has been named to the 2002 Conde Nast Traveler's Hot List of new hotels, as announced by General Manager, Michel Neutelings.

The Conde Nast Traveler Hot List, now in its sixth year, is considered one of the industry's most coveted recognitions, as it acknowledges hotels and resorts for design, service, and ambience. Each year, the publication dispatches an anonymous field of reporters to evaluate new hotels and resorts representing every category from inexpensive to exclusive. This year, Old Bahama Bay was included in the final cut of 52 properties selected for their 'rare confluence of style and substance which defines an instant classic.'

The Conde Nast Traveler Hot List, now in its sixth year, is considered one of the industry's most coveted recognitions, as it acknowledges hotels and resorts for design, service, and ambience. Each year, the publication dispatches an anonymous field of reporters to evaluate new hotels and resorts representing every category from inexpensive to exclusive. This year, Old Bahama Bay was included in the final cut of 52 properties selected for their 'rare confluence of style and substance which defines an instant classic.'

In its annual Hot List issue which hits newsstands in May, Old Bahama Bay was sited for its design, ambience and gracious staff, 'Old Bahama Bay is so serene that hummingbird serenades and the waves lapping at the shore are the only sounds you'll hear. The 24-rooms-set in four pastel-hued, Bahamian-style buildings facing the Atlantic-are large, airy, and handsomely furnished, each with a veranda overlooking the beach. The staff are gracious beyond belief and as eager to guide you to one of the many fine snorkeling spots as they are to rig one of the free catamarans or point you in the direction of a secluded spot on the five-mile stretch of beach.'

Set on oceanfront property, in the historic village of West End, at the tip of Grand Bahama Island, only 56 miles east of Palm Beach, Florida, The Inn at Old Bahama Bay, offers privacy and relaxed ambiance in an out-island experience within a gated residential and marina community within close proximity of the U.S.

The Marina at Old Bahama Bay is a full-service marina situated within a spectacular oceanfront resort and residential community, and is an official Bahamian Port of Entry with on-site immigration and customs. It is one of the few Bahamian harbors lit for night navigation. The marina offers 72 slips and an array of services and amenities to boaters, including electricity, water, fuel (diesel, gasoline, oil), pump-out, 24-hour dock security, chandlery with sundries.

Direct flights are available into Freeport from Charlotte, Miami, New York and other major U.S. cities.

To view Conde Nast Traveler's Hot List, log onto to the magazine's website at www.cntraveler.com.

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Old Bahama Bay was founded by the principals of Holding Capital Group, Main Street Resources (formerly Colt Capital Group), Allen & Company and Cavalier Construction, (the leading Bahamian construction firm). Old Bahama Bay’s management and advisory team has been involved in the development and operation of such world-class resort communities as South Seas Plantation, Parrot Cay, The Guanahani Hotel, The K Club, Little Palm Island, and many others.

Today Old Bahama Bay is one of the most naturally spectacular and elegant oceanfront residential,
Resort and Marina communities in the Caribbean.
For more information on Old Bahama Bay
contact us at 1-800-444-9469