Search Result for: local investment
376 results found.
What’s Next for Tourism in Bermuda?
By Alexander Britell After several years of strong growth, buoyed by the landmark hosting of the America’s Cup in Bermuda, the Atlantic island encountered challenges at the beginning of 2020, due in large part to decreased air capacity. And then […]
What’s Next for the Puerto Rico Hotel Industry
It was a major step for the reopening of Puerto Rico’s tourism industry this week as the destination reopened all of its nearly 15 golf courses, including the popular course at the Dorado Beach, a Ritz-Carlton Reserve hotel, which is […]
How This Top Aruba Resort Is Readying for Travelers
Aruba is preparing to reopen its borders to international travel as early as the end of next month — and the island’s leading resort is making preparations for the potential relaunch of tourism. For years, the adults-only Bucuti & […]
How (And Why) to Buy Turks and Caicos Real Estate Right Now
The pandemic has put a new emphasis on where we actually live — on the home itself and its physical location. And, if and when this happens, again — where we would be willing to spend months stuck inside our homes. […]
How Barbados Is Preparing for Its Tourism Future
Every destination is working to prepare a plan for the eventual relaunch of tourism in a COVID-19 world. For Barbados, that means working on new health guidelines, continuing to market the destination digitally and even fast-tracking new hotel projects for […]
Mark Gaus on What’s Next for Real Estate in the Cayman Islands
By Alexander Britell, Editor-in-Chief, CJI It’s hard to imagine that there was a hotter real estate market in the Caribbean in recent years, with surging development from beachfront condos to residential resorts. So what’s next for Cayman in the midst […]
CJI Conversation: Mark Durliat, CEO of Grace Bay Resorts
By Joe Pike, Special Contributor As the coronavirus (COVID-19) continues to keep the Caribbean hotel industry at a standstill, many hotel developers and investors are struggling to keep existing projects afloat, and are also uncertain about how long the recovery […]
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A New $300M Resort Project Is Coming to Abaco in The Bahamas
Just a few months after Hurricane Dorian in The Bahamas, Abaco is poised for a major new investment. The government of The Bahamas has signed a heads of agreement with Tyrsoz Family Holdings for the development of an estimated $300 […]
A New All-Inclusive Destination Is Coming to the Dominican Republic
While Punta Cana has long been the Caribbean’s all-inclusive powerhouse, travel giant Apple Leisure Group is looking to cultivate a new destination in the Dominican Republic. It’s called Miches, and the destination will kick off with two new all-inclusive hotels. […]
The 20 Best Caribbean Islands to Travel to in 2020
The islands of the Caribbean are in the middle of a new age, as dynamism, optimism and investment sweep across destinations as diverse as they are beautiful. And that means the world of places to visit in the Caribbean keeps […]
A New Hotel Is Coming to St Kitts
The island of St Kitts will soon be home to a major new hotel, Caribbean Journal has learned. A new 240-room hotel project is coming to a 350,000-square-foot site at Brighton’s Estate on the east coast of St Kitts. The […]
The Caribbean Travel Awards 2020
It’s been a stellar year for Caribbean travel. Stayover tourist arrivals are booming almost universally across the region. It seems like a new hotel opens up every week (and if you read Caribbean Journal, you realize it’s even more often […]
Gencom Buys Auberge Resort in Costa Rica
The Hacienda AltaGracia, Auberge Resorts Collection, a luxury resort in Costa Rica, has been acquired by hospitality investment firm Gencom. The property, which aligned with Auberge Resorts Collection in 2015, is the latest in a series of expansion moves by […]
The Ritz-Carlton, St Thomas Reopens, in Huge Boost for USVI
In what is easily one of the most anticipated relaunches in the Caribbean in several years, the Ritz-Carlton St Thomas has officially reopened its doors. The Ritz-Carlton, St Thomas, long the leading hotel in the United States Virgin Islands, began […]
This Belize Hotel Just Rebranded
The Belize Ocean Club hotel has officially rebranded, the company said this week. The Placencia-area boutique hotel has relaunched with a new name: Umaya Resort and Adventures. “The new Umaya experience offers what our guests are looking for in Belize – a […]
The Dominican Republic Gets Its First-Ever Homewood Suites
Hilton has opened its first-ever Homewood Suites hotel in the Dominican Republic — and the brand’s first-ever hotel in the Caribbean, period. The new Homewood Suites by Hilton Santo Domingo has debuted in the Dominican Republic’s increasingly popular capital city. The […]
Op-Ed: A New Beginning for Puerto Rico
By Ricardo Álvarez-Díaz Two years ago last month, Hurricane Maria ravaged Puerto Rico, ultimately taking more than 3,000 lives. It also exposed the structural vulnerabilities of existing buildings, and further exacerbated the already painful impact of a more than decade-long […]
New ABC Series “The Baker and the Beauty” to Film in Puerto Rico
A new ABC television series will be filmed in Puerto Rico, Caribbean Journal has learned. The Baker and the Beauty, a series produced by Universal Television along with ABC and Keshet Studios, will mean an investment of around $57 million […]
Tropic Ocean Airways Launching Big Caribbean Seaplane Expansion
Tropic Ocean Airways, the Fort Lauderdale-based airline specializing in seaplane flights, is launching a major expansion in the Caribbean. Tropic Ocean plans to establish a base of amphibious airplanes in Puerto Rico, the company’s CEO, Rob Ceravolo, said this week. […]
St Maarten Cruise Port Planning Improvements
By the Caribbean Journal staff Port St Maarten is planning a series of improvement projects, officials announced this week. The new investments are part of a “primary focus of getting additional business in 2020 and beyond,” according to a statement. […]
Carnival Is Planning Two Major New Cruise Projects in The Bahamas
By the Caribbean Journal staff Carnival Corporation is undertaking a major investment in The Bahamas, with plans for two major new cruise developments in the country that could mean $180 million in new investment. The company has signed an agreement […]
Grand Cayman Is Getting a New Residential Resort
By the Caribbean Journal staff A major new luxury residential resort project is coming to Grand Cayman. It’s called the Dolphin Point Club, and the new luxe development will set at the edge of Cayman’s world-famous Seven Mile Beach. Dolphin […]
A Top Caribbean Hotel Reopens in Dominica
By the Caribbean Journal staff One of the Caribbean’s leading sustainable hotels has officially relaunched in Dominica. The Jungle Bay Eco Villas has been reborn in Soufriere in southern Dominica, an important step for Dominica’s resurgent tourism industry. The popular […]
Op-Ed: Rethinking Caribbean Cruise Port Revenues
By Robert MacLellan CJ Contributor Can tourism-dependent Caribbean governments learn something from oil producing countries? When relatively small and poor oil producing governments sought to get a fair price for oil – their main source of national revenue – they […]
In Miami, a Must-Visit Caribbean Hospitality Summit
By the Caribbean Journal staff One of the leading events on the Caribbean tourism agenda is coming back for another year, with the third annual Caribbean Hospitality and Tourism Summit in Miami. The Aug. 1 Bisnow event, which is being […]
Dominica at Epicenter of Caribbean Hotel Boom
By the Caribbean Journal staff The Caribbean’s hotel pipeline is surging — as more and more investors from around the world launch new hotel and resort projects. It’s growth that’s largely region-wide — but one island seems to be doing […]
Jamaica Is Getting A New Hilton Hotel in Kingston
By Alexander Britell Part of a growing trend of hotel investment in Jamaica’s capital, Hilton has announced the planned opening of a new Tapestry Collection by Hilton hotel in Kingston. The new 168-room ROK Hotel, owned by PanJam Investment Limited, […]
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