CJ Invest, Markets, News, Special Reports

Recovery of Caribbean Hotel Investment Market “Has Been Surprising”

By: Jesse Scott

In reflecting on the heart of the pandemic to now, Fernando Garcia-Chacon is impressed with how well things have bounced back in such a short amount of time.

“Back [in 2020], we were hoping that perhaps hotel investments would regain their value by 2024 or 2025,” the leader of the CBRE Hotels Advisory team tells Caribbean Journal. “We’ve beat that, and the recovery has been surprising to me. In 2022, we saw figures in the space really shoot up, with Europe opening back up and the cruise industry coming back. We were expecting a plateau that just didn’t happen in 2023 and we’re still moving strong.”

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$10.5 Million Waterfront Estate Sold in Exuma, as Island Market Keeps Heating Up

CJ Invest, News, Transactions

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Pendry Releases First Look at Barbados Residences

CJ Invest, Projects

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Puerto Rico Approves $2 Billion Development With Mandarin Oriental and Rosewood Resorts

CJ Invest, News, Projects

A proposed $2 billion-plus resort and residential development on Puerto Rico’s southwest coast has cleared a major regulatory hurdle, allowing Reuben Brothers and Three Rules Capital to proceed with one of the Caribbean’s largest planned luxury real estate projects. To access this content, subscribe now. Caribbean Journal Invest is the leading authority on hotel, real […]