News

A New $1.5 Billion Caribbean Hotel Project

By: Caribbean Journal Staff - March 22, 2016

The Caribbean has a new development hotspot: Antigua and Barbuda.

The twin-island country has signed another major development deal, this time a project by Antigua and Barbuda’s Ambassador to Iraq, Ahmed Abbas Alewi, who is spearheading a major mixed-use development.

The project will be done in phases, with a total of investment of around $1.5 billion USD.

Located on 93 acres of Pensioner’s Beach in Antigua, the project will include a hotel luxury housing, a water park, an indoor mall including a movie theater, among other amenities.

Antigua Tourism Minister Asot Michael and

Antigua Tourism Minister Asot Michael and Ambassador Ahmed Abbas Alewi

In a statement, Antigua’s Tourism Ministry said it had held talks on the potential arrival of twice-weekly flights from Baghdad through a European gateway.

Alwei has proposed this himself, as he owns two Boeing 737 aircraft.

Antigua and Barbuda Tourism Minister Asot Michael called the agreement a “huge step toward increasing tourist arrivals from the Middle East and extending Antigua and Barbuda’s global reach.”

In the past several years, Antigua has signed more large-scale hotel development deals than any other country in the Caribbean — most recently, a landmark transformation of the historic Half Moon Bay property.

Popular Posts the sexiest beaches including this resort at atlantis

The Sexiest Beaches in the Caribbean to Visit Right Now 

One is a beach with a nightclub-style pool right next door. Another is filled with beach bars — and even has its own au natural corner. Then there’s a beach that’s practically a nonstop party.  There are so many things that […]


The Best Caribbean Islands to Visit This Summer, From Antigua to St Croix

verandah antigua

We’ve been saying it for years, and we’ll keep saying it: in some ways, the Caribbean is even better in the summer months. The water is warm. It’s a bit less crowded, a little bit quieter. At night, the trade […]


A Low-Key, Lovely Adults-Only Beach Resort in Aruba

aruba beach resort adults-only

When Aruba’s Bucuti & Tara Beach Resort opened in 1987, it made sense for the hotel’s restaurant to be built in the shape of a boat shipwrecked on the sand: while Eagle Beach didn’t exactly resemble a desert island back […]


Related Posts barbados travel

Barbados Tourism Seeking New CEO 

Barbados Tourism is looking for a new CEO, Caribbean Journal has learned.  The Board of Directors of Barbados Tourism Marketing and CEO Dr Jens Thraenhart have mutually agreed to part ways, the two sides announced.  “We have reviewed the BTMI’s […]


Caribbean Airlines Makes Inaugural Flight to St Kitts 

st kitts cockleshell beach

Caribbean Airlines has added a new destination in the region: the Eastern Caribbean island of St Kitts.  The regional carrier’s first-ever flight to St Kitts’ Robert L Bradshaw International Airport touched down this week, a major milestone for efforts to […]


How to Keep Celebrating 50 Years of The Bahamas’ Independence 

visitors

The Bahamas marked its 50th anniversary of independence on July 10, and the country is continuing its Golden Jubilee celebration with a host of activities around the 700-island archipelago including a major event in Nassau to hoist the Bahamian flag.  […]


SUBSCRIBE!

Sign up for Caribbean Journal's free newsletter for a daily dose of beaches, hotels, rum and the best Caribbean travel information on the net.


No. Thank You