The Ghosts of Baha Mar: How a $3.5 Billion Paradise Went Bust
- Construction delays jeopardize Bahamas's credit rating
- Chinese investors once seen as a boon has the resort in limbo
Beyond the tropical waters, across palm-fringed sands and behind locked gates, looms Baha Mar -- the largest and, at $3.5 billion, priciest resort in the Caribbean.
Here, no one frolics pool-side, pina colada in hand, or hits irons on the Jack Nicklaus golf course. No slot machines jingle-jangle in the casino. The Flamingo Bar, the Brasserie des Arts and the Cartier boutique lie dark. On this bright October morning in the Bahamas, all 2,200 guest rooms are empty.