economy
Hotels

Marriott Just Opened Its First Moxy in the Caribbean — A 122-Room, High-Energy Hotel in Tulum

moxy tulum

Tulum was a destination that began with small, bohemian beach hotels: think thatched roofs, small staff, hip vibes.  In the last decade, the Mexican Caribbean beach town has exploded — with surging tourism, a brand-new international airport and big hotel companies.  The latter includes Marriott, which had already entered the destination with an Aloft-branded hotel, […]

Opinion

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 recession. However, there was a silver lining to Maria. Despite all the pain and hardship […]

Opinion

Op-Ed: The Future of Dominican Republic Tourism

dominican republic tourism future blue

By Carlos Castillo Consul General of the Dominican Republic in New York Tourism and hospitality have become synonymous in the Dominican Republic. They are the mainstay of the economy, and a tremendous source of pride within our culture. New York City alone is home to over 422,000 Dominican immigrants, the largest number of foreign-born New […]

News

Another Solid Year For Bermuda Tourism

bermuda tourism strong

By Dana Niland CJ Contributor Bermuda tourism is as strong as it has been in years, according to new data from the Bermuda Tourism Authority. The island saw an 11.7 percent increase in leisure air arrivals in 2018, with a total of 770,700 total visitor arrivals last year. That represented the third straight year of […]


Op-Ed: The Future of Dominican Republic Tourism

By Gerard Best CJ Contributor PORT OF SPAIN — A group of global and regional technology organizations are partnering to help Caribbean professionals get more out of the Internet economy. The Internet Corporation for Assigned Names and Numbers (ICANN) spearheaded the launch of the Virtual DNS Entrepreneurship Center of the Caribbean (VDECC). The term DNS refers […]

What Sharks Mean to the Bahamian Economy

Protecting sharks isn’t just good for the environment – it’s good for a country’s bottom line, too. That’s the finding of a new study by The Cape Eleuthera Institute, which reports that shark and ray tourism brought almost $114 million to the Bahamas as recently as 2014. And the vast majority of that revenue comes […]

Why the Caribbean Needs to Strengthen Its Internet Infrastructure

By GERARD BEST CJ Contributor PHILIPSBURG, St Maarten—The Caribbean will have to strengthen its Internet infrastructure if it is to keep pace with the world’s growing digital economy. That’s the view held by Bevil Wooding, an Internet Strategist with US-based non-profit Packet Clearing House, an organisation providing operational support and security to critical Internet infrastructure […]

St Kitts and Nevis’ Economy Is Booming

The Caribbean’s smallest country has one of its fastest-growing economies, according to new projections from the United Nations Economic Commission for Latin America and the Caribbean. The twin-island country is projected to see GDP growth of 5.1 percent this year, according to revised estimates by ECLAC. That is the highest rate of projected growth in […]

The Road to Prosperity in Jamaica

By Dennis Chung CJ Contributor The Jamaica Labour Party’s slogan, “Poverty to Prosperity”, was very catchy and seemed to have been embraced by enough people for them to win the elections. Now that the election is over, we certainly as a country must turn our attention to moving towards prosperity. The first thing Jamaica must […]

What’s Next for Jamaica’s Economy

Looking ahead By Dennis Chung CJ Contributor In 1961, when Jamaica voted by referendum to withdraw from the West Indies Federation, Dr Eric Williams, then Premier of Trinidad and Tobago, said “one from ten leaves nought”. This statement can be interpreted to mean that there are always key ingredients in an object or event that […]

Choosing Jamaica’s Future

“We are Jamaica’s problem” By Dennis Chung CJ Contributor I was sitting down to write this article on election day (February 25), after watching the lead-up to the election and the commentary from not only politicians but also us the citizens of Jamaica. In considering this, I am even firmer in the belief that Jamaica’s […]

The Caribbean’s Fastest-Growing Economy

What’s the fastest-growing economy in the Caribbean region? Right now, it’s the Dominican Republic, which saw GDP growth of 6.6 percent in 2015, the highest rate in the region, according to new data from the United Nations Economic Commission for Latin America and the Caribbean. The region’s second-fastest-growing economy was St Kitts and Nevis, which […]