Melia Nassau Beach. NASSAU, BAHAMAS — Meliá Nassau Beach will close on March 1 to undertake $100 million renovations over the next 24 months, it has been revealed. Executives of Baha Mar, which is owned by the same company as Meliá, said in a statement that the new, fully renovated resort will open in spring 2023 “following the extensive investment in virtually all areas of the property, consistent with the group’s long-term commitment to a prosperous future for the hospitality and tourism industry in The Bahamas”. “As the global travel industry continues to evolve in the midst of the global pandemic, we have decided to close the property and complete an extensive renovation of the resort over the next 24 months,” said Graeme Davis, Baha Mar president.