development

Jamaica Is Creating a New Tourism Development Zone

“A Developer’s Dream”: Long Island, Bahamas Parcel Lists for $22 Million

A nearly 600-acre parcel on Long Island in The Bahamas has hit the market, Caribbean Journal Invest has learned. The parcel, which comprises 584.41 acres on untouched Long Island, has listed for $22 million. This story is part of …

Historic Caribbean Hotel on the Market

An historic hotel in St Kitts is now on the market, Caribbean Journal has learned. The Ottley’s Plantation Inn, which was for years one of the region’s top boutique hotels, has been listed for $7.5 million. This story is …

Marriott Names New Global Development Officer

Marriott International has named a new global development officer, the company announced this week. The company has tapped Carlton Ervin to the role, in which he will oversee development around the world, including in the Caribbean and Latin America, …

A New $2 Billion “Town” Grows in the Caribbean

A $2 billion resort project recently broke ground in Grenada with the launch of what’s being called the “Grenada National Resort Project.” And now there’s another one, and it’s not quite like any other in the region. This story …

A New Executive Director for the Puerto Rico Tourism Company

The Puerto Rico Tourism Company has a new director, following the election of Puerto Rico’s new Governor, Pedro Pierluisi. Carlos Mercado Santiago has been appointed to the role, succeeding Carla Campos, who had served as executive director for four …

Andaz Turks and Caicos Project Gets New Funding

The developer of the Andaz Turks and Caicos Residences at Grace Bay, the first Andaz-branded resort and residential property in the Caribbean, recently received interim financing for the project. Boutique real estate development firm Vista Development Ltd has received …

Jamaica Hotel Development Projects “Still on Track”

A projected increase in Jamaica’s hotel stock to more than 25,000 rooms by 2023 is “still on track,” according to Tourism Minister Edmund Bartlett. About 90 percent of planned investments for the tourism industry in Jamaica remain on stream, …

Why This Might Be the Best Hotel Opportunity in Bonaire

It’s one of the Caribbean’s hottest small destinations. It’s outside of the hurricane belt. And its hotel stock is relatively small when compared to other Caribbean destinations. And in the age of social distancing, the small-island, spread-out feel of …

Playa del Carmen Beach House Lists for $10 Million

Playa del Carmen has seen a development boom in recent years, buoyed by strong growth in condominium and hotel construction and a surging tourism scene. The newest listings in this buzzing town on the Caribbean coast of Mexico is …

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 …

Making Caribbean Tourism Sustainable — And What It Means

By Julie Bielenberg CJ Contributor ST VINCENT – It was perhaps fitting that the Caribbean Conference on Sustainable Tourism was delayed by a storm. What was then-Tropical Storm Dorian delayed the beginning of the recent Caribbean Tourism Organization’s 2019 sustainability …

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. …

dominican republic adults-only new location

New Dominican Republic Adults-Only Resort Breaks Ground

By the Caribbean Journal staff A new adults-only resort project has officially broken ground in the Dominican Republic. Dominican Republic President Danilo Medina laid the first stone for construction of the new Hotel Pure Salt Orchidarium, which will be …

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 …

The USVI Is Making a New Hotel Development Push

By the Caribbean Journal staff The US Virgin Islands is making hotel development a strategic priority, according to Governor Albert Bryan, Jr. With few new hotels built in the territory in the last few decades, Bryan said he wants …

What’s Next for Marriott Hotels in the Caribbean?

By Alexander Britell The world’s biggest hotel company has a massive footprint in the Caribbean, and it’s only getting bigger. But with such a large network of properties around the region, Marriott was also impacted by Hurricanes Maria and Irma. …

Caribbean-Mexico Hotel Pipeline Surging

By the Caribbean Journal staff The Caribbean-Mexico hotel development pipeline is surging right now, according to the latest report from analytics firm STR. There were 42,259 rooms in 241 hotel projects under contract in the Caribbean and Mexico last month, …

A New Real Estate Development in Barbuda

Barbuda, long one of the Caribbean’s great undiscovered beach escapes, has a major new real estate development. It’s called Barbuda Bay, and it launched in May with plans for 22 private villas anchored by the Lighthouse Bay Resort, according to …