The administrator of the Panama Canal Authority (ACP) Jorge Quijano blamed the inflexibility of Grupo Unidos por el Canal (GUPC) for the breakdown in talks over cost $1.6bn in cost overruns that has now led to all work being stopped on locks for the expanded canal.

With Sandals Resorts International’s management succession planning strategy in full effect, several Bahamians are poised to play an integral role.

Marriott International, Inc. announced that it has sold its leasehold interests in the Renaissance Barcelona Hotel to an affiliate of the Qatar Armed Forces Investment Portfolio (QAFIP).

Lower fuel prices and higher revenue from fares helped JetBlue, Savannah’s newest airline, close out 2013 with record profits of $168 million, compared to $128 million in 2012, according to a report released Wednesday.

Enterprise Holdings announced that it is franchising the use of its Enterprise Rent-A-Car brand to several Caribbean operators.