Search Result for: investing

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JetBlue Is Redesigning Its Airbus A320 Cabins

JetBlue is planning a total restyling of its Airbus A320 cabins, the company said this week. The new cabins will include what the carrier is calling a “fully connected in-seat experience.” That will include free gate-to-gate Fly-Fi high-speed Internet, a […]

First-Ever Nonstop Flights Planned Between Miami, British Virgin Islands

A long awaited air link could soon become a reality. And it could be a game-changer for British Virgin Islands tourism and you could soon also charter a jet. The government of the British Virgin Islands has partnered with air […]

Jamaica Looking for More Tourism Investment By Jamaicans

Jamaican Tourism and Entertainment Minister, Dr Wykeham McNeill is calling for Jamaicans to grasp the various investment opportunities available in the island’s tourism sector. Speaking at the opening of the Melia Braco Village in Trelawny, McNeill said the investment climate […]

Ashford Prime Completes $64 Million Purchase of Ritz-Carlton St Thomas

Ashford Hospitality Prime has completed its purchase of the Ritz-Carlton St Thomas for $64 million, the company announced. Concurrent with the completion of the deal, Ashford has financed the hotel with a $42 million non-recourse mortgage loan. The property will […]

Expedia Just Held the Year’s Most Important Travel Conference

Talking Travel at the Expedia Partnership Conference By Guy Britton LAS VEGAS — Captain Obvious, the Trivago Guy and the Travelocity Gnome welcomed 3,500 delegates from over 60 countries attending this year’s Expedia Partner Conference in Las Vegas December 9-10 […]

Copa Launches Belize Flights

Panama-based air carrier Copa Airlines has officially begun service between Panama and Belize. The airline’s first flight from Panama to Belize arrived on Tuesday carrying 92 passengers. Belize becomes Copa’s seventh destination in Central America. “For COPA Airlines this is […]

The Ritz-Carlton St Thomas Has Been Sold

The Ritz-Carlton St Thomas has a new owner. The property, which recently underwent a $22 million renovation, is being acquired by Dallas-based Ashford Hospitality Prime for $64 million from Marriott International. The deal for the 180-room hotel in the US […]

A New Spotlight on Caribbean Hotel Investment Opportunities

By Dana Niland CJ Contributor The Caribbean Tourism Organization (CTO) and the Caribbean Hotel and Tourism Association (CHTA) are launching the first Caribbean Tourism and Hospitality Investment Guide targeted at international investors. The publication exhibits a wide range of investment […]

Op-Ed: Climate Change and the Caribbean

By George Nicholson and Anastasia Ramjag Op-Ed Contributors This debate surrounding our climate has polarized the world into two different groups for a long time; some theorists maintain that an intrinsic characteristic of climate is that it changes while a […]

Expedia and the Caribbean

What’s in store for Expedia? By Guy Britton MONTEGO BAY — Fresh off a $1.6 billion acquisition of Orbitz, global travel giant Expedia shows no signs of slowing down. So what about the company’s work in the Caribbean? To learn […]

A New $137 Million Train Project in Puerto Rico

A major new infrastructure project By Dana Niland CJ Contributor Governor Alejandro García Padilla announced that his administration is set to begin the first phase of the train route between San Juan and Caguas. The Novotren project will create a […]

A $200 Million Expansion Project at This Caribbean Port

The port of Cartagena By the Caribbean Journal staff One of the region’s busiest ports is getting an upgrade. APM Terminals and Colombian-based port and terminal operating company, Compañia de Puertos Asociados S.A (Compas) have signed a joint venture agreement to jointly […]

Op-Ed: The Challenge of Small Island Developing States

Big challenges for small islands By George Nicholson and Anastasia Ramjag Op-Ed Contributors The United Nations Office of the High Representative for the Least Developed Countries, Landlocked Developing Countries and Small Island Developing States defines small island developing states, or […]

Puerto Rico’s El San Juan Resort Sold

A Major Caribbean hotel trade By the Caribbean Journal staff The iconic El San Juan Resort & Casino, a Hilton Hotel, has been sold. An affiliate of Blackstone has sold the property to a partnership including Leon, Mayer & Co, Fundamental […]

Grenada’s Calabash Hotel Launching Upgrade Project

Above: a “sneak peek” of the changes at Calabash Grenada By Dana Niland CJ Contributor The Calabash Grenada hotel announced this week that it would close its doors from late July to early October as it undergoes an extensive upgrade […]

Reducing Vulnerability in the Caribbean

By George Nicholson and Anastasia Ramjag Op-Ed Contributors The topic of vulnerability is one that has been on the agenda of the countries within the Greater Caribbean, and in particular those of the insular Caribbean for a long time. In the […]

Disrupting Caribbean Banking Technology

By Bevil Wooding CJ Contributor Customers across the Caribbean look longingly at innovations in the US and other markets, such as full-service online and mobile banking, marketplace lending facilities and merchant payment solutions. The open question is if, or when, […]

Starwood Has a New Brand Builder

Above: the St Regis Bahia Beach in Puerto Rico By the Caribbean Journal staff Starwood has a new brand builder. Starwood Hotels and Resorts has appointed John Peyton to the position of senior vice president for brands and shared services, […]

Rebranded Holiday Inn Launches in Montego Bay, Jamaica

Above: the relaunching ceremony this week By the Caribbean Journal staff The former Holiday Inn Sunspree Resort in Jamaica has relaunched with a new name and a new look. The property is now called the Holiday Inn Resort Montego Bay, following a […]

Where is Jamaica’s Private Sector?

By Dennis Chung CJ Contributor LAST year I sat on a panel to discuss the state of the economy. Someone in the audience correctly stated that much work was being done by the government to improve the business and economic […]

13 Opportunities for the New Caribbean

By Dr Miguel Goede and Runy Calmera CJ Contributors We recently took a look at 12 challenges that face the Caribbean Small Island Developing States. These challenges are crucial for the future of the Caribbean. In this article, we take […]

A New Craft Brewery in St Lucia

Above: Antillia Brewing Company in St Lucia By the Caribbean Journal staff While the Caribbean region is one dominated by rum, its also a vastly underrated place for beer, from heavyweights like Carib, Red Stripe and Prestige to a growing […]

This Is the Latest Caribbean Island to Consider Economic Citizenship

Above: St Lucia (CJ Photo) By the Caribbean Journal staff St Lucia is continuing to consider the possibility of implementing an economic citizenship programme, an idea broached last year. A task force set up last August recently completed a report on […]

The Caribbean’s Energy Potential

By Jorge Familiar CJ Contributor ENERGY SECURITY is at the top of the agenda for Caribbean leaders and it has been for some time. With an average cost of electricity four times higher than in rich nations such as the […]

JetBlue “Interested” in Cuba Flights

Above: Trinidad, Cuba By the Caribbean Journal staff JetBlue has been on a rapid expansion push in the Caribbean of late, with new additions like Trinidad, Curacao and Cartagena. But it has its eyes on another market: Cuba, should travel (and […]

Caribbean Youth and Unemployment

By Marcia Forbes, PhD CJ Contributor As a member of the Inter-American Development Bank’s Civil Society Consultative Committee I was invited to present at the ‘XIV Reunion BID – Sociedad Civil’ in Nicaragua late 2014. The following are excerpts from […]

IHG Pays $430 Million to Acquire Kimpton Hotels & Restaurants

Above: Kimpton’s EPIC hotel property Miami By the Caribbean Journal staff The biggest hotel company in Latin America and the Caribbean just got bigger. InterContinental Hotels Group has paid $430 million in cash to acquire boutique hotel operator Kimpton, the […]

ALBA Funding St Lucia Jobs Plan

Above: St Lucia (CJ Photo) By the Caribbean Journal staff St Lucia’s National Initiative to Create Employment is getting a boost from its new relationship with the Venezuela-led ALBA alliance. The country announced this week that the ALBA Bank would […]

This Grenada Resort Has a New Executive Chef