Search Result for: caribbean growth

2235 results found.

Delta Vacations: Jamaica Leading Caribbean Growth

As Jamaica’s tourism sector continues its recovery, the island has been dubbed the number one Caribbean destination for Delta Vacations in terms of growth. The announcement, which follows the island’s double-digit growth in terms of demand, was shared during a […]

Highgate Names New CEO as Company Continues Caribbean Growth

Leading real estate and hospitality management company Highgate has announced a new chief executive officer, Caribbean Journal Invest has learned. The company, which has been rapidly expanding in the Caribbean, has tapped Arash Azarbarzin as its new CEO. The move […]

Air Canada Reporting Strong Caribbean Growth

Canada’s leading carrier is showing strong growth in the Latin America and Caribbean region, according to Air Canada’s latest report. The carrier reported 571 million revenue passenger miles to the region in December, up 9.6 percent over the same period […]

Air Canada Commits to Caribbean Growth

By the Caribbean Journal staff Air Canada is reiterating its commitment to Caribbean growth. Speaking at Caribbean Week Canada this week, Air Canada’s director of sales for Eastern Canada, Steve Goodfellow, said the carrier was “extremely proud and dedicated tot […]

Melia Reports Strong Caribbean Growth

Above: the Paradisus Palma Real in the Dominican Republic’s Punta Cana region By the Caribbean Journal staff Melia Hotels International reported strong growth in the Americas in the first quarter of 2015, according to a new statement from the company. […]

Haiti, Dominican Republic to Lead Caribbean Growth in 2014, 2015

Above: the Dominican Republic (CJ Photo) By the Caribbean Journal staff What’s the Caribbean island with the strongest economic growth? It’s Hispaniola, home to Haiti and the Dominican Republic, which are projected to lead the Caribbean in economic growth over […]

IDB Urges Increased Productivity to Drive Caribbean Growth

Above: Inter-American Development Bank President Luis Alberto Moreno (Photo: OECD) By the Caribbean Journal staff High volatility took a toll on regional growth in Latin America and the Caribbean in 2013, according to the Inter-American Development Bank. Regional GDP growth […]

Cristina Savescu, World Bank Economist, on Caribbean Growth

By Alexander Britell Earlier this week, the World Bank released a report on growth prospects for Latin America and the Caribbean. That macro region had three distinct areas – Latin America itself, which is in the midst of an economic […]

US Virgin Islands, St Maarten Top Caribbean Visitor Growth

The US Virgin Islands and St Maarten are leading the way for international visitor growth in the Caribbean right now, according to new data from analytics firm ForwardKeys. The United States Virgin Islands saw a 22 percent increase in international […]

Remote Work Driving Airbnb Growth in the Caribbean

Airbnb continues to see booming growth in the Caribbean, driven by remote work, according to new numbers from the company. The share of nights booked for long term stays in the first quarter of 2022 almost doubled compared to the […]

US Virgin Islands “Dedicated” to Growth of Caribbean Cruise Industry

The US Virgin Islands is “dedicated” to the growth of the cruise industry in the Caribbean, according to USVI Tourism Commissioner Joseph Boschulte. Boschulte is in Miami this week for the Seatrade conference, the world’s premier gathering of cruise industry […]

Dominican Republic, Jamaica, Lead Caribbean Hotel Growth

Hotel construction continues to grow in the wider Caribbean-Mexico region, according to a newly-released report from hotel analytics firm STR. And that is led by two of the region’s tourism powerhouses: the Dominican Republic and Jamaica. In the Caribbean, the […]

Supply Growth Pressuring Caribbean Hotel Performance

By Rico Louw CJ Contributor July marked the Caribbean’s fourth-straight month with a decline in hotel occupancy, and for the second month in a row, we saw a rather steep decline because of lower demand and a rise in new […]

Supply Growth Pressures Caribbean Hotel Occupancy

By Rico Louw CJ Contributor May marked the Caribbean’s second-straight month with a decline in hotel occupancy levels, and growth in new inventory was the main reason why. However, hotelier pricing confidence has kept overall performance in positive territory. In […]

Bahamas Urges Caribbean on Data-Fueled Tourism Growth

By Dana Niland CJ Contributor Bahamas Prime Minister Dr Hubert Minnis is urging regional leaders to explore new ways to grow tourism in the Caribbean — with the use of data chief among them. Minnis, the Bahamas’ Prime Minister and […]

Another Month of Growth for Caribbean Hotels

By the Caribbean Journal staff It’s shaping up to be a good year for the Caribbean hotel industry, thanks to its strongest run of occupancy and revenue growth in years. Caribbean hotel occupancy was up 1.1 percent in March to […]

Caribbean Forecasting Strong Tourism Growth in 2019

By the Caribbean Journal staff The Caribbean region is projecting strong tourism growth in 2019, regional tourism officials said this week. The Caribbean Tourism Organization is forecasting arrival growth of between 6 and 7 percent this year, continuing what it […]

Curaçao Continues to Lead Caribbean Hotel Growth

By Rico Louw CJ Contributor Caribbean hotels reported positive overall performance in August driven by strong pricing power, according to data from STR. On the islands where STR maintains a sufficient reporting sample, the Bahamas experienced the highest rise in […]

STR: Dutch Caribbean Leads Regional Hotel Growth

By Rico Louw CJ Contributor The Caribbean hotel industry showed performance growth just one month after a pair of massive hurricanes swept through the region. Caribbean occupancy for the month was up 3.7% in year-over-year comparisons, and with a 6.9% […]

American Airlines: Latin America, Caribbean Show Traffic Growth

American Airlines is seeing renewed growth in Latin America and Caribbean traffic, according to the company’s latest traffic results. Revenue passenger miles to Latin America and the Caribbean totaled 2.454 billion in May, a 1.6 percent improvement over May 2016 […]

Caribbean Hotel Occupancy Sees Positive Growth

It’s a small sample, but the Caribbean hotel sector is starting to show signs of a rebound, according to new data from hotel analytics firm STR. After a down year in 2016 and a slow start to 2017, Caribbean hotel […]

The Caribbean Development Bank’s Growth Outlook for 2017

What’s next for the Caribbean economy? According to the Caribbean Development Bank, the region is projected to see economic growth of around 1.7 percent this year. The CDB’s Director of Economics, Dr. Justin Ram, warns that this won’t be enough […]

This Caribbean Island Wants to Be a “Blue Growth” Leader

It’s called Blue Growth: it means a strategy aimed at supporting sustainable growth concentrated in the marine and maritime sectors. And one Caribbean island wants to be a regional leader in this area: Grenada. The tri-island country has been making […]

American Airlines Sees Slight Growth in Caribbean

By the Caribbean Journal staff After months of continued decline, American Airlines saw a slight increase in Latin American and Caribbean traffic in April, according to the carrier’s latest data. The company reported 2.455 billion revenue passenger miles last month, […]

Air Canada’s Caribbean Traffic Growth Continues

Air Canada’s traffic to the Caribbean keeps rising. The carrier announced continued growth to the region in January, with an 8.1 percent year-over-year increase in revenue passenger miles to 735 million. Load factor increased by 1.2 percentage points to 86.8 […]

Air Canada Continues Growth in Latin America, Caribbean Traffic

By the Caribbean Journal staff Air Canada’s strong growth growth in Latin America and Caribbean traffic continued last month. The carrier reported 364 million revenue passenger miles in June in Latin America and the Caribbean, up from 337 million in […]

Caribbean-Mexico Hotel Construction Pipeline Continues Growth

By the Caribbean Journal staff The Caribbean-Mexico hotel development pipeline stood at 165 hotels and 29,252 rooms in November, an 18 percent increase in rooms under contract compared to the same period in 2013. That was according to the latest […]

Ranking the Caribbean on Projected Economic Growth in 2014

Above: St Vincent and the Grenadines (CJ Photo) By the Caribbean Journal staff The World Bank released its mid-year Global Economic Prospects report on Tuesday evening, which included its updated growth projections for the Caribbean. Regionally, the Bank said growth […]

You Will Soon Be Able to Fly From Puerto Rico to Barbados