construction

Caribbean-Mexico Hotel Construction Pipeline Surging

Dominican Republic Continues Hotel Construction Boom

By the Caribbean Journal staff It isn’t just the most popular destination in the Caribbean for tourists – it’s the most popular destination for hotel investors, too. The Dominican Republic continued its hotel boom in 2017, with 12 new resorts …

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, …

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 …

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 …

More Caribbean Hotel Rooms In Construction

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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, …

Antigua and Barbuda Closer to Completion of New Airport Terminal

Above: work at the terminal By the Caribbean Journal staff Antigua and Barbuda’s brand-new airport terminal is getting closer to completion. The new terminal at VC Bird International Airport is slated to open in the next three months, according to …

Cayman Premier Visits Kimpton Hotel Construction Site

Above: Cayman Premier Alden McLaughlin (right) and Deputy Premier Moses Kirkconnell By the Caribbean Journal staff Cayman Premier Alden McLaughlin and Deputy Premier Moses Kirkconnell recently toured the construction site of the new Kimpton hotel project in Grand Cayman. The …

Caribbean-Mexico Hotel Construction Pipeline Continues Growth

By the Caribbean Journal staff The Caribbean-Mexico hotel development pipeline stood at 165 hotels and 29,252 rooms in November, an 18 percent increase in rooms under contract compared to the same period in 2013. That was according to the latest …

Trinidad Begins Work on $89 Million University Campus Project

Above: a rendering of the project By the Caribbean Journal staff Work is now underway at an $89 million university project in Trinidad. The project is the Esmond Ramesar Open Campus Centre in the area of Chaguanas, with the first …

Park Hyatt St Kitts Begins Construction Work on 15 More Buildings

Above: construction at the Park Hyatt St Kitts By the Caribbean Journal staff Construction is expanding at St Kitts’ most anticipated hotel project. According to developers Range Development, five buildings are already up and work has begun on another 15 …

These Three Caribbean Countries are in a Hotel Construction Boom

Above: Nassau, Bahamas (CJ Photo) By the Caribbean Journal staff There are three countries in the Caribbean with more than 500 rooms in construction, according to the latest According to the latest pipeline report from STR, the Bahamas leads the …