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      <TotalReportableCompFromOrgAmt>428766</TotalReportableCompFromOrgAmt>
      <TotReportableCompRltdOrgAmt>0</TotReportableCompRltdOrgAmt>
      <TotalOtherCompensationAmt>6240</TotalOtherCompensationAmt>
      <IndivRcvdGreaterThan100KCnt>1</IndivRcvdGreaterThan100KCnt>
      <FormerOfcrEmployeesListedInd>0</FormerOfcrEmployeesListedInd>
      <TotalCompGreaterThan150KInd>1</TotalCompGreaterThan150KInd>
      <CompensationFromOtherSrcsInd>0</CompensationFromOtherSrcsInd>
      <CntrctRcvdGreaterThan100KCnt>0</CntrctRcvdGreaterThan100KCnt>
      <MembershipDuesAmt>20283421</MembershipDuesAmt>
      <TotalContributionsAmt>20283421</TotalContributionsAmt>
      <InvestmentIncomeGrp>
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        <ExclusionAmt>358</ExclusionAmt>
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      <TotalRevenueGrp>
        <TotalRevenueColumnAmt>20283779</TotalRevenueColumnAmt>
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        <UnrelatedBusinessRevenueAmt>0</UnrelatedBusinessRevenueAmt>
        <ExclusionAmt>358</ExclusionAmt>
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      <CompCurrentOfcrDirectorsGrp>
        <TotalAmt>428765</TotalAmt>
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        <ManagementAndGeneralAmt>107191</ManagementAndGeneralAmt>
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      <OtherSalariesAndWagesGrp>
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        <ManagementAndGeneralAmt>310918</ManagementAndGeneralAmt>
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      <PensionPlanContributionsGrp>
        <TotalAmt>95927</TotalAmt>
        <ProgramServicesAmt>71945</ProgramServicesAmt>
        <ManagementAndGeneralAmt>23982</ManagementAndGeneralAmt>
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      <OtherEmployeeBenefitsGrp>
        <TotalAmt>230075</TotalAmt>
        <ProgramServicesAmt>172556</ProgramServicesAmt>
        <ManagementAndGeneralAmt>57519</ManagementAndGeneralAmt>
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      <PayrollTaxesGrp>
        <TotalAmt>83879</TotalAmt>
        <ProgramServicesAmt>62909</ProgramServicesAmt>
        <ManagementAndGeneralAmt>20970</ManagementAndGeneralAmt>
      </PayrollTaxesGrp>
      <FeesForServicesManagementGrp>
        <TotalAmt>15886</TotalAmt>
        <ProgramServicesAmt>15886</ProgramServicesAmt>
      </FeesForServicesManagementGrp>
      <FeesForServicesLegalGrp>
        <TotalAmt>8554</TotalAmt>
        <ProgramServicesAmt>8554</ProgramServicesAmt>
      </FeesForServicesLegalGrp>
      <FeesForServicesAccountingGrp>
        <TotalAmt>47671</TotalAmt>
        <ProgramServicesAmt>47671</ProgramServicesAmt>
      </FeesForServicesAccountingGrp>
      <AdvertisingGrp>
        <TotalAmt>17823736</TotalAmt>
        <ProgramServicesAmt>17823736</ProgramServicesAmt>
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      <OfficeExpensesGrp>
        <TotalAmt>49756</TotalAmt>
        <ProgramServicesAmt>37317</ProgramServicesAmt>
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      <OccupancyGrp>
        <TotalAmt>258928</TotalAmt>
        <ProgramServicesAmt>194196</ProgramServicesAmt>
        <ManagementAndGeneralAmt>64732</ManagementAndGeneralAmt>
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        <TotalAmt>4002</TotalAmt>
        <ManagementAndGeneralAmt>4002</ManagementAndGeneralAmt>
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      <InsuranceGrp>
        <TotalAmt>30071</TotalAmt>
        <ProgramServicesAmt>22553</ProgramServicesAmt>
        <ManagementAndGeneralAmt>7518</ManagementAndGeneralAmt>
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      <OtherExpensesGrp>
        <Desc>AVIATION DEVELOPMENT AN</Desc>
        <TotalAmt>277612</TotalAmt>
        <ProgramServicesAmt>277612</ProgramServicesAmt>
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      <OtherExpensesGrp>
        <Desc>SUPPORT FUNDING</Desc>
        <TotalAmt>142500</TotalAmt>
        <ProgramServicesAmt>142500</ProgramServicesAmt>
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      <OtherExpensesGrp>
        <Desc>PROVISION FOR UNCOLLECT</Desc>
        <TotalAmt>77479</TotalAmt>
        <ProgramServicesAmt>77479</ProgramServicesAmt>
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      <OtherExpensesGrp>
        <Desc>TELEPHONE</Desc>
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        <ProgramServicesAmt>48284</ProgramServicesAmt>
        <ManagementAndGeneralAmt>16095</ManagementAndGeneralAmt>
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      <AllOtherExpensesGrp>
        <TotalAmt>26007</TotalAmt>
        <ProgramServicesAmt>19505</ProgramServicesAmt>
        <ManagementAndGeneralAmt>6502</ManagementAndGeneralAmt>
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      <TotalFunctionalExpensesGrp>
        <TotalAmt>20908899</TotalAmt>
        <ProgramServicesAmt>20277031</ProgramServicesAmt>
        <ManagementAndGeneralAmt>631868</ManagementAndGeneralAmt>
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      <CashNonInterestBearingGrp>
        <BOYAmt>1546838</BOYAmt>
        <EOYAmt>870733</EOYAmt>
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      <SavingsAndTempCashInvstGrp>
        <BOYAmt>475000</BOYAmt>
        <EOYAmt>150000</EOYAmt>
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      <AccountsReceivableGrp>
        <BOYAmt>3006816</BOYAmt>
        <EOYAmt>3454343</EOYAmt>
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      <OthNotesLoansReceivableNetGrp>
        <BOYAmt>224709</BOYAmt>
        <EOYAmt>184420</EOYAmt>
      </OthNotesLoansReceivableNetGrp>
      <PrepaidExpensesDefrdChargesGrp>
        <BOYAmt>2656977</BOYAmt>
        <EOYAmt>1411994</EOYAmt>
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      <LandBldgEquipCostOrOtherBssAmt>122590</LandBldgEquipCostOrOtherBssAmt>
      <LandBldgEquipAccumDeprecAmt>119738</LandBldgEquipAccumDeprecAmt>
      <LandBldgEquipBasisNetGrp>
        <BOYAmt>6854</BOYAmt>
        <EOYAmt>2852</EOYAmt>
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        <BOYAmt>7917194</BOYAmt>
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      <AccountsPayableAccrExpnssGrp>
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        <EOYAmt>5284540</EOYAmt>
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      <OtherLiabilitiesGrp>
        <BOYAmt>0</BOYAmt>
        <EOYAmt>216523</EOYAmt>
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      <TotalLiabilitiesGrp>
        <BOYAmt>6718795</BOYAmt>
        <EOYAmt>5501063</EOYAmt>
      </TotalLiabilitiesGrp>
      <OrgDoesNotFollowSFAS117Ind>X</OrgDoesNotFollowSFAS117Ind>
      <CapStkTrPrinCurrentFundsGrp>
        <BOYAmt>0</BOYAmt>
        <EOYAmt>0</EOYAmt>
      </CapStkTrPrinCurrentFundsGrp>
      <PdInCapSrplsLandBldgEqpFundGrp>
        <BOYAmt>0</BOYAmt>
        <EOYAmt>0</EOYAmt>
      </PdInCapSrplsLandBldgEqpFundGrp>
      <RtnEarnEndowmentIncmOthFndsGrp>
        <BOYAmt>1198399</BOYAmt>
        <EOYAmt>573279</EOYAmt>
      </RtnEarnEndowmentIncmOthFndsGrp>
      <TotalNetAssetsFundBalanceGrp>
        <BOYAmt>1198399</BOYAmt>
        <EOYAmt>573279</EOYAmt>
      </TotalNetAssetsFundBalanceGrp>
      <TotLiabNetAssetsFundBalanceGrp>
        <BOYAmt>7917194</BOYAmt>
        <EOYAmt>6074342</EOYAmt>
      </TotLiabNetAssetsFundBalanceGrp>
      <ReconcilationRevenueExpnssAmt>-625120</ReconcilationRevenueExpnssAmt>
      <OtherChangesInNetAssetsAmt>0</OtherChangesInNetAssetsAmt>
      <InfoInScheduleOPartXIIInd>X</InfoInScheduleOPartXIIInd>
      <MethodOfAccountingAccrualInd>X</MethodOfAccountingAccrualInd>
      <AccountantCompileOrReviewInd>0</AccountantCompileOrReviewInd>
      <FSAuditedInd>1</FSAuditedInd>
      <FSAuditedBasisGrp>
        <SeparateBasisFinclStmtInd>X</SeparateBasisFinclStmtInd>
      </FSAuditedBasisGrp>
      <AuditCommitteeInd>1</AuditCommitteeInd>
      <FederalGrantAuditRequiredInd>0</FederalGrantAuditRequiredInd>
    </IRS990>
    <IRS990ScheduleC documentId="RetDoc1039700001">
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      <OnlyInHouseLobbyingInd>0</OnlyInHouseLobbyingInd>
      <AgreeCarryoverPriorYearInd>0</AgreeCarryoverPriorYearInd>
      <DuesAssessmentsAmt>20283421</DuesAssessmentsAmt>
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    <IRS990ScheduleD documentId="RetDoc1040000001">
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        <OtherCostOrOtherBasisAmt>122590</OtherCostOrOtherBasisAmt>
        <DepreciationAmt>119738</DepreciationAmt>
        <BookValueAmt>2852</BookValueAmt>
      </EquipmentGrp>
      <TotalBookValueLandBuildingsAmt>2852</TotalBookValueLandBuildingsAmt>
      <OtherLiabilitiesOrgGrp>
        <Desc>BANK OVERDRAFT</Desc>
        <Amt>216523</Amt>
      </OtherLiabilitiesOrgGrp>
      <TotalLiabilityAmt>216523</TotalLiabilityAmt>
      <TotalRevEtcAuditedFinclStmtAmt>20283779</TotalRevEtcAuditedFinclStmtAmt>
      <RevenueNotReportedAmt>0</RevenueNotReportedAmt>
      <RevenueSubtotalAmt>20283779</RevenueSubtotalAmt>
      <RevenueNotReportedFinclStmtAmt>0</RevenueNotReportedFinclStmtAmt>
      <TotalRevenuePerForm990Amt>20283779</TotalRevenuePerForm990Amt>
      <TotExpnsEtcAuditedFinclStmtAmt>20908899</TotExpnsEtcAuditedFinclStmtAmt>
      <ExpensesNotReportedAmt>0</ExpensesNotReportedAmt>
      <ExpensesSubtotalAmt>20908899</ExpensesSubtotalAmt>
      <ExpensesNotRptFinclStmtAmt>0</ExpensesNotRptFinclStmtAmt>
      <TotalExpensesPerForm990Amt>20908899</TotalExpensesPerForm990Amt>
    </IRS990ScheduleD>
    <IRS990ScheduleF documentId="RetDoc1040500001">
      <AccountActivitiesOutsideUSGrp>
        <RegionTxt>BAHAMAS</RegionTxt>
        <OfficesCnt>1</OfficesCnt>
        <EmployeeCnt>2</EmployeeCnt>
        <TypeOfActivitiesConductedTxt>PROGRAM SERVICES</TypeOfActivitiesConductedTxt>
        <SpecificServicesProvidedTxt>MARKETING AND PROMOTION OF THE BAHAMAS</SpecificServicesProvidedTxt>
      </AccountActivitiesOutsideUSGrp>
      <SubtotalOfficesCnt>1</SubtotalOfficesCnt>
      <SubtotalEmployeesCnt>2</SubtotalEmployeesCnt>
      <ContinutationTotalOfficeCnt>0</ContinutationTotalOfficeCnt>
      <ContinutationTotalEmployeeCnt>0</ContinutationTotalEmployeeCnt>
      <TotalOfficeCnt>1</TotalOfficeCnt>
      <TotalEmployeeCnt>2</TotalEmployeeCnt>
      <SubtotalSpentAmt>0</SubtotalSpentAmt>
      <ContinuationSpentAmt>0</ContinuationSpentAmt>
      <TotalSpentAmt>0</TotalSpentAmt>
      <TransferToForeignCorpInd>0</TransferToForeignCorpInd>
      <InterestInForeignTrustInd>0</InterestInForeignTrustInd>
      <ForeignCorpOwnershipInd>0</ForeignCorpOwnershipInd>
      <PassiveForeignInvestmestCoInd>0</PassiveForeignInvestmestCoInd>
      <ForeignPartnershipInd>0</ForeignPartnershipInd>
      <BoycottCountriesInd>0</BoycottCountriesInd>
    </IRS990ScheduleF>
    <IRS990ScheduleJ documentId="RetDoc1042400001">
      <SubstantiationRequiredInd>1</SubstantiationRequiredInd>
      <CompensationCommitteeInd>X</CompensationCommitteeInd>
      <WrittenEmploymentContractInd>X</WrittenEmploymentContractInd>
      <BoardOrCommitteeApprovalInd>X</BoardOrCommitteeApprovalInd>
      <SeverancePaymentInd>0</SeverancePaymentInd>
      <SupplementalNonqualRtrPlanInd>0</SupplementalNonqualRtrPlanInd>
      <EquityBasedCompArrngmInd>0</EquityBasedCompArrngmInd>
      <RltdOrgOfficerTrstKeyEmplGrp>
        <PersonNm>FREDERIC LOUNSBERRY</PersonNm>
        <TitleTxt>CHIEF EXECUTIVE OFFICER</TitleTxt>
        <BaseCompensationFilingOrgAmt>428766</BaseCompensationFilingOrgAmt>
        <CompensationBasedOnRltdOrgsAmt>0</CompensationBasedOnRltdOrgsAmt>
        <BonusFilingOrganizationAmount>0</BonusFilingOrganizationAmount>
        <BonusRelatedOrganizationsAmt>0</BonusRelatedOrganizationsAmt>
        <OtherCompensationFilingOrgAmt>0</OtherCompensationFilingOrgAmt>
        <OtherCompensationRltdOrgsAmt>0</OtherCompensationRltdOrgsAmt>
        <DeferredCompensationFlngOrgAmt>0</DeferredCompensationFlngOrgAmt>
        <DeferredCompRltdOrgsAmt>0</DeferredCompRltdOrgsAmt>
        <NontaxableBenefitsFilingOrgAmt>6240</NontaxableBenefitsFilingOrgAmt>
        <NontaxableBenefitsRltdOrgsAmt>0</NontaxableBenefitsRltdOrgsAmt>
        <TotalCompensationFilingOrgAmt>435006</TotalCompensationFilingOrgAmt>
        <TotalCompensationRltdOrgsAmt>0</TotalCompensationRltdOrgsAmt>
        <CompReportPrior990FilingOrgAmt>0</CompReportPrior990FilingOrgAmt>
        <CompReportPrior990RltdOrgsAmt>0</CompReportPrior990RltdOrgsAmt>
      </RltdOrgOfficerTrstKeyEmplGrp>
    </IRS990ScheduleJ>
    <IRS990ScheduleO documentId="RetDoc1044400001">
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION A, LINE 6</FormAndLineReferenceDesc>
        <ExplanationTxt>THIS ORGANIZATION IS COMPRISED OF 17 MEMBER HOTELS THAT PROVIDE HOTEL LEVIES.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION A, LINE 7A</FormAndLineReferenceDesc>
        <ExplanationTxt>THE BOARD IS COMPRISED OF MEMBERS THAT ELECT OVERSEE ALL DECISIONS AND REQUIRE A MAJORITY VOTE TO MAKE ANY AND ALL DECISIONS.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION A, LINE 7B</FormAndLineReferenceDesc>
        <ExplanationTxt>THE BOARD IS COMPRISED OF MEMBERS THAT ELECT OVERSEE ALL DECISIONS AND REQUIRE A MAJORITY VOTE TO MAKE ANY AND ALL DECISIONS.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 11B</FormAndLineReferenceDesc>
        <ExplanationTxt>A COPY OF THE 990 IS PROVIDED TO THE BOARD FOR REVIEW BEFORE ANY FILINGS ARE MADE.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 12C</FormAndLineReferenceDesc>
        <ExplanationTxt>MEMBERS ARE REQUIRED TO REVIEW AND SIGN THE CONFLICT OF INTEREST POLICY ANNUALLY.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION C, LINE 19</FormAndLineReferenceDesc>
        <ExplanationTxt>THE DOCUMENTS ARE NOT MADE PUBLIC BUT ARE AVAILABLE UPON REQUEST.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART XII, LINE 2C</FormAndLineReferenceDesc>
        <ExplanationTxt>THE ORGANIZATION HAS NOT CHANGED EITHER ITS AUDIT OVERSIGHT PROCESS OR INDEPENDENT AUDITOR SELCTION PROCESS DURING THE TAX YEAR.</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleO>
    <IRS990ScheduleR documentId="RetDoc1043400001">
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        </DisregardedEntityName>
        <USAddress>
          <AddressLine1Txt>1200 S PINE ISLAND RD STE 700</AddressLine1Txt>
          <CityNm>PLANTATION</CityNm>
          <StateAbbreviationCd>FL</StateAbbreviationCd>
          <ZIPCd>33324</ZIPCd>
        </USAddress>
        <EIN>463878462</EIN>
        <PrimaryActivitiesTxt>FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION.</PrimaryActivitiesTxt>
        <LegalDomicileStateCd>FL</LegalDomicileStateCd>
        <EndOfYearAssetsAmt>1020733</EndOfYearAssetsAmt>
        <DirectControllingEntityName>
          <BusinessNameLine1Txt>NASSAU-PARADISE ISLAND PROMOTION BOARD</BusinessNameLine1Txt>
        </DirectControllingEntityName>
      </IdDisregardedEntitiesGrp>
      <IdDisregardedEntitiesGrp>
        <DisregardedEntityName>
          <BusinessNameLine1Txt>BAHAMAS HOTEL RESERVATION SERVICE LIMITED</BusinessNameLine1Txt>
        </DisregardedEntityName>
        <ForeignAddress>
          <AddressLine1Txt>HOTELS HOUSE EAST BAY STREET</AddressLine1Txt>
          <CityNm>NASSAU</CityNm>
          <CountryCd>BF</CountryCd>
        </ForeignAddress>
        <PrimaryActivitiesTxt>FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION.</PrimaryActivitiesTxt>
        <LegalDomicileForeignCountryCd>BF</LegalDomicileForeignCountryCd>
        <DirectControllingEntityName>
          <BusinessNameLine1Txt>NASSAU-PARADISE ISLAND PROMOTION BOARD</BusinessNameLine1Txt>
        </DirectControllingEntityName>
      </IdDisregardedEntitiesGrp>
      <IdDisregardedEntitiesGrp>
        <DisregardedEntityName>
          <BusinessNameLine1Txt>NASSAU AND PARADISE ISLAND CHARTERS LIMITED</BusinessNameLine1Txt>
        </DisregardedEntityName>
        <ForeignAddress>
          <AddressLine1Txt>HOTELS HOUSE EAST BAY STREET</AddressLine1Txt>
          <CityNm>NASSAU</CityNm>
          <CountryCd>BF</CountryCd>
        </ForeignAddress>
        <PrimaryActivitiesTxt>FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION.</PrimaryActivitiesTxt>
        <LegalDomicileForeignCountryCd>BF</LegalDomicileForeignCountryCd>
        <DirectControllingEntityName>
          <BusinessNameLine1Txt>NASSAU-PARADISE ISLAND PROMOTION BOARD</BusinessNameLine1Txt>
        </DirectControllingEntityName>
      </IdDisregardedEntitiesGrp>
      <IdDisregardedEntitiesGrp>
        <DisregardedEntityName>
          <BusinessNameLine1Txt>BAHAMAS ISLAND TOURS LIMITED</BusinessNameLine1Txt>
        </DisregardedEntityName>
        <ForeignAddress>
          <AddressLine1Txt>HOTELS HOUSE EAST BAY STREET</AddressLine1Txt>
          <CityNm>NASSAU</CityNm>
          <CountryCd>BF</CountryCd>
        </ForeignAddress>
        <PrimaryActivitiesTxt>FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION.</PrimaryActivitiesTxt>
        <LegalDomicileForeignCountryCd>BF</LegalDomicileForeignCountryCd>
        <DirectControllingEntityName>
          <BusinessNameLine1Txt>NASSAU-PARADISE ISLAND PROMOTION BOARD</BusinessNameLine1Txt>
        </DirectControllingEntityName>
      </IdDisregardedEntitiesGrp>
    </IRS990ScheduleR>
  </ReturnData>
</Return>