Search Result for: expenditure
162 results found.
New $100M Hotel, Marina Project Coming to Exuma
Miami-based Yntegra Group is developing a new project in the Exuma chain of The Bahamas. To access this content, subscribe now. Choose from two tailored subscription options: Caribbean Journal Invest for comprehensive investment news or Caribbean Journal Travel Advisor for […]
“Continued Rebound” for Bermuda Tourism
Bermuda tourism is beginning to bounce back, according to newly-released data from the Bermuda Tourism Authority. The island reported 41,821 leisure air arrivals in the second quarter, representing an increase of 25.7 percent compared to the same period last year. […]
In Saint Lucia, a Legend of Caribbean Hospitality
Saint Lucian hotelier Joyce Destang began her professional career as a teacher, but it was investing in real estate that gave her the knowledge and confidence to purchase the hotel that launched her on the path to becoming one of […]
Bermuda Tourism Arrivals Are Climbing Back
Bermuda’s tourism arrival numbers are beginning to climb back, according to numbers released by the Bermuda Tourism Authority. For the year to date, the island has reported just under 80,000 visitors, representing a 76.1 percent increase over the same period […]
A New Caribbean “Guide” for Coral Reef Restoration
Healthy coral reefs aren’t just essential for the Caribbean ecosystem — they’re also vital for the Caribbean tourism economy. That’s the impetus behind a major new guide for coral reef restoration specifically aimed at the Caribbean tourism industry. The new “Guide,” […]
US Virgin Islands “Dedicated” to Growth of Caribbean Cruise Industry
The US Virgin Islands is “dedicated” to the growth of the cruise industry in the Caribbean, according to USVI Tourism Commissioner Joseph Boschulte. Boschulte is in Miami this week for the Seatrade conference, the world’s premier gathering of cruise industry […]
Dominica’s Citizenship by Investment Program, Explained
By Joe Pike, Special Contributor to CJI To access this content, subscribe now. Choose from two tailored subscription options: Caribbean Journal Invest for comprehensive investment news or Caribbean Journal Travel Advisor for targeted content for travel agents and advisors. Subscribe […]
CTO Forecasting 20 Percent Jump in Caribbean Tourism in 2021
The Caribbean Tourism Organization is projecting a 20 percent increase in tourism arrivals in 2021, the Barbados-based agency said this week. That comes after the Caribbean saw a 65 percent reduction in arrivals in 2020 due to the pandemic. That […]
OBMI CEO Douglas Kulig on Design, Sustainability and Antigua’s Development Boom
By Alexander Britell To access this content, subscribe now. Choose from two tailored subscription options: Caribbean Journal Invest for comprehensive investment news or Caribbean Journal Travel Advisor for targeted content for travel agents and advisors. Subscribe today to unlock this […]
Cruise Growth Helps Montserrat Top Tourism Milestone
Strong cruise growth has helped the tiny island of Montserrat to set top a significant tourism milestone. For the first time since the eruption of Montserrat’s Soufriere Hills Volcano in 1995, Montserrat welcomed more than 20,000 cruise and stayover visitors […]
The Caribbean Tourism Outlook for 2020 Is “Strong”
The outlook for Caribbean tourism in 2020 “remains strong,” according to the Caribbean Hotel and Tourism Association. The association, which is convening its annual Caribbean Travel Marketplace conference in Nassau, The Bahamas this week, is reporting positive signs for the […]
Why Marriott Is Moving into All-Inclusive, and What’s Next
Marriott sent shock waves through the travel industry over the summer when the world’s biggest hotel company announced a full-fledged foray into the fast-expanding, increasingly competitive all-inclusive sector. It was not a surprise, then, that the company said its first […]
St Kitts Eyes More Tourism Growth
By Dana Niland CJ Contributor The tourism industry in St. Kitts and Nevis is moving with “leaps and bounds,” according to Minister of Tourism, Lindsay Grant. During a public address last week, Grant highlighted that 2018 has been a landmark […]
CHTA President: Caribbean Missing Huge Tourism Opportunity
By the Caribbean Journal staff The Caribbean is missing a huge opportunity to reap the economic benefits of tourism, Caribbean Hotel and Tourism Association President Frank Comito said this week. Empty hotel rooms are costing the region billions of dollars […]
Curaçao Tourism Development Foundation Names New CEO
By the Caribbean Journal staff Curaçao is looking to Jamaica for its new tourism vision. The Dutch Caribbean island’s Tourism Development Foundation has announced the appointment of former Jamaica Tourism Director Paul Pennicook as its new managing director and chief […]
Jamaica Just Had Its Best Summer Ever
By the Caribbean Journal staff Jamaica just had its best summer ever for tourism arrivals, according to new data from the country’s Ministry of Tourism. Stopover tourist arrivals rose by 6 percent from May to August compared to the same […]
Sandals Breaks Ground on New Saint Lucia Hotel Project
By the Caribbean Journal staff Sandals Resorts International has officially broken ground on its newest resort project in the Caribbean. Saint Lucia Prime Minister Allen Chastanet turned the sod on the Sandals LaSource Saint Lucia project, which will be the […]
Richard Branson Developing Caribbean “Marshall Plan”
By Dana Niland CJ Contributor In the wake of the destruction caused by Hurricanes Irma and Maria, Richard Branson is assembling a team to head up a “Marshall Plan” for the Caribbean. The idea came to Branson after he was […]
Jamaica’s Big LED Street Light Project
The Caribbean Development Bank has approved $25 million in funding to replace existing street lights in Jamaica with high efficiency LED lamps. The project facilitate the replacement of approximately 105,000 high pressure sodium and mercury vapor streetlights. “Street lights are […]
Seeking An Edge, Caribbean Firms Turn to Internet Tech
By GERARD BEST CJ Contributor BRIDGETOWN, Barbados—As clouds of uncertainty loom over the global economy, it hasn’t exactly been smooth sailing for Caribbean companies. But these days, a different kind of cloud is creating fresh opportunities for regional businesses. For […]
The State of the Caribbean Cruise Industry
The cruise industry isn’t slowing down — whether it’s a host of small-ship lines ramping up stops to Cuba or the entry of new players like Virgin Voyages. But what’s next for the Caribbean, a market where, by recent estimates, the […]
Caribbean Hoteliers Optimistic for 2017
Caribbean hoteliers are predicting a positive tourism performance for 2017. Indeed, more than four out of five hoteliers in the Caribbean have an “encouraging” outlook for tourism this year, according to the results of the second annual CHTA Industry Performance and […]
Jamaica’s Latest Green Energy Project
Jamaica’s government is going greener. The country announced recently that it would join the Solar Head of State coalition and install solar photovoltaic panels on the island’s national executive office, Jamaica House. The announcement comes in keeping with the island’s […]
Guyana Showing Strong Tourism Growth
One of the Caribbean’s most remote tourism destinations is having a banner year. Guyana, which has carved out a niche as an eco-tourism destination, has seen an 11.6 percent increase in tourist arrivals in the first nine months of this […]
Jamaica’s Growth: Same Problems, Same Solutions
On Jamaican growth By Dennis Chung CJ Contributor The World Economic Forum has just published the 2016/17 Global Competitiveness Report (GCR), and it shows that Jamaica has improved its ranking from 86 of 140 countries to 75 of 138 countries. […]
Grenada Tourism Has a New Marketing Manager
The Grenada Tourism Authority has named a new marketing manager: Francine Stewart. Stewart’s role will include interaction with key private and public sector partners, the execution of all marketing programs, and the management of marketing expenditure, the GTA said in […]
Visitors Are Spending More on This Caribbean Island
A quarterly survey conducted by the Caribbean Tourism Organization found that long stay visitors to Barbados spent 20 percent more money during the first quarter of 2016 than during the same period in 2015. According to the report, total visitor […]
Richard Branson’s Push to Save Caribbean Sharks
In recent years, there has been perhaps no better advocate for the Caribbean’s natural environment than one of its most famous residents: Sir Richard Branson. And while Branson’s biggest advocacy has come in favor of the green energy movement in […]
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