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Caribbean-Mexico Hotel Construction Pipeline Surging

Caribbean Photo of the Week

Photo of the Week: On the Beach at Paynes Bay in Barbados

The latest Caribbean Photo comes from Caribbean Journal reader Harry Ramnath, who sent in this lovely shot of Paynes Bay Beach in Barbados. Have you taken a great photo in the Caribbean? Send it to news@caribjournal.com with CPOTW in the subject line, including your first and last name and the location of the photo. It […]

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Caribbean Hotel Construction Continues to Rise

There were 15,781 hotel rooms in the Caribbean and Mexico region in construction last month, according to the latest data from analytics firm STR. That total came across 86 projects, representing a 23.2 percent increase compared to April 2016. Overall, there were 40,657 rooms in 222 hotel projects under contract in the wider region last […]

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Ironwood Names Construction Manager for $1.1 Billion Cayman Golf Community

The developers of Ironwood, the $1.1 billion golf resort community coming to the East End and North Side of Grand Cayman, have named the construction manager for infrastructure works on the project. The company has appointed Wharton-Smith International LLC in the role, in which the firm will manage the construction of the golf course and […]

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Luxury Hotels Top Caribbean Construction Pipeline

Luxury hotels are leading the Caribbean hotel construction pipeline, according to a new report from hotel analytics firm STR. The luxury segment accounted for 23.3 percent of all rooms in the region in the “in construction” phase, according to the report. That represented a total of 2,794 rooms in the pipeline. Overall, the Caribbean-Mexico region […]

Ironwood Names Construction Manager for $1.1 Billion Cayman Golf Community

The Caribbean hotel construction pipeline is rising, according to the latest numbers from hotel analytics firm STR. The Caribbean-Mexico region has seen a 9.3 percent year-over-year increase in the number of rooms in construction, according to the report. Overall, there are 28,715 rooms across 178 projects under contract, although that number was down 3.8 percent […]

Caribbean-Mexico Hotel Construction Pipeline Shows Decline

By the Caribbean Journal staff The Caribbean-Mexico hotel pipeline fell last month, according to the latest STR Construction Pipeline Report. There were 163 hotels comprising 27,583 rooms under contract in the region last month, a 6.7 percent decrease in rooms under contract compared to September 2014. That also represented a 17 percent decrease in rooms […]

This $300 Million Caribbean Resort Project Is Now Underway

One of the Caribbean’s most anticipated luxury projects is now underway. Construction on the Pearns Point project in Antigua is well underway, with more than 40 local workers already employed on site and OBMI and CO Williams are overseeing the progress. The infrastructure is expected to be operational by 2018. The $300 million project is […]

China to Fund $511 Million Project at University of the West Indies

UWI, China Harbour sign memorandum By Dana Niland CJ Contributor The University of the West Indies and China Harbour Engineering Company have signed a Memorandum of Understanding for a $511 million USD development project. The project will include the expansion of the University Hospital from 500 to 1,000 beds, an upgrade to the College Commons, […]

Caribbean-Mexico Hotel Construction Pipeline at 29,113 Rooms

Slight increase in rooms under contract By the Caribbean Journal staff The Caribbean-Mexico Hotel Construction Pipeline is up to 167 hotels and 29,113 rooms, according to the latest STR Construction Pipeline report. That represented a 3.5 percent increase in rooms under contract compared to July 2014, and a 4.5 percent year-over-year increase in rooms under […]

Where the Most New Caribbean Hotel Rooms are Being Built Right Now

Above: the Riviera Maya (CJ Photo) By the Caribbean Journal staff Where’s the epicentre of the Caribbean-Mexico hotel boom? Right now, it’s the Yucatan Peninsula, according to the latest report from hotel analytics firm STR. The company’s Construction Pipeline Report for February found a total of 2,132 rooms under construction in the Yucatan, the largest of […]

Bahamas Leads Caribbean Construction Pipeline

Above: the Baha Mar By the Caribbean Journal staff The Bahamas leads the Caribbean region with a total of 2,670 rooms in five hotels under construction, while Mexico has the most rooms under construction in the wider region with 39 hotels totaling 6,291 rooms, according to the latest STR Construction Pipeline Report. The region reported […]

Caribbean-Mexico Hotel Construction Pipeline Rises to 28,698 Rooms

By the Caribbean Journal staff There are now 28,698 rooms in the Caribbean-Mexico hotel construction pipeline, according to new data from STR. The end of January data represented a 6.8 percent increase in rooms under contract, compared with January 2014, and a 7.6 percent increase in rooms under construction. Rooms in the “under contract” phase […]