recovery - Caribbean Journal

recovery

Cancun Continues Tourism Recovery

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The Just-Opened Riu Ventura Brings 705 Rooms, 36 Swim-Up Suites, and a Different Kind of All-Inclusive Experience to Cancun

Cancun’s hotel zone has welcomed a major new arrival with the opening of Riu Ventura, a large-scale, contemporary resort set beside Playa Delfines. The property represents a new direction for RIU in Mexico, pairing the company’s 24-hour all-inclusive concept with features the brand has never offered in the country before. With 705 rooms, a rooftop adults-only […]

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Jamaica Has a “Five-Point” Plan For Tourism Recovery

Jamaica has revealed what officials are calling a “five-point plan” for the recovery of the island’s crucial tourism sector. The plan includes a “staggered reopening” of tourism entities, according to Tourism Minister Edmund Bartlett. “We do not see reopening as being a one-shop activity that immediately, everywhere will be opened,” Bartlett said this week. “We […]

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The Caribbean Makes a Splash at Seatrade

By Alexander Britell and Guy Britton There was a new energy at this year’s Seatrade Cruise Global conference, thanks in large part to its return to the Miami Beach Convention Center. But there was a particularly palpable energy in the Caribbean section, where destinations descended upon the world’s leading cruise industry event with renewed gusto. […]

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USVI to Launch “Purpose in Paradise” Program

By the Caribbean Journal staff The United States Virgin Islands is slated to launch a major new voluntourism-style program called Purpose in Paradise. The comprehensive program aims to enhance the territory’s “broad network of community-based philanthropic activities and strengthens our ability to attract visitors in search of purpose-driven travel opportunities,” according to a statement. The […]

The Caribbean Makes a Splash at Seatrade

By the Caribbean Journal staff There’s hope for the Mountain Chicken. Numbers of the endangered Mountain Chicken frog that calls Dominica home are slowly recovering, according to the island’s government. Amphibian Technician in Dominica’s Forestry Division, Machel Sulton says the Mountain Chicken, also known as the Crapaud, is slowly seeing a growth in numbers after […]

St Lucia Begins Recovery Work

Above: St Lucia By the Caribbean Journal staff St Lucia has launched a series of recovery efforts following the floods that impacted the country over the Christmas Holiday. The government said it has embarked on a group of “intense infrastructural works” around the island to ensure that affected areas remain accessible. The country’s Castries-Vieux Fort […]

IMF: Grenada Economic Recovery "Slowly Taking Hold"

Above: Grenada (CJ Photo) By the Caribbean Journal staff Grenada has made a strong start in implementing its new IMF programme, the fund said following the completion of its first review of its programme with the country. The programme was approved in June for a total amount of $21.7 million. “The economic recovery is slowly […]

Trinidad "On a Path of Recovery"

Above: Port of Spain (CJ Photo) By the Caribbean Journal staff Trinidad’s local economy has grown in each of the last four quarters, and appears to be “on a path of recovery,” according to the country’s Central Bank. The Central Bank said the country had seen “slow but steady year-on-year growth” from July 2012 to […]

IMF: Trinidad Economy "Poised for Modest Recovery" in 2013

Above: Port of Spain (CJ Photo) By the Caribbean Journal staff The economy of Trinidad and Tobago is “poised for a modest recovery” in 2013, according to the International Monetary Fund. The IMF’s Executive Board recently concluded its Article IV consultation with the country. “The economy of Trinidad and Tobago is poised for a modest […]

IMF: St Kitts and Nevis Makes "Significant Progress" on Debt Restructuring

Above: Nevis (CJ Photo) By the Caribbean Journal staff St Kitts and Nevis has made “significant progress” on restructuring the country’s public debt, according to the International Monetary Fund, which recently completed its fourth review of the country’s economic performance under a programme supported by a 36-month Stand-by arrangement. The completion allows the immediate disbursement […]

IMF: St Kitts and Nevis Economy to Recover in 2013 After Contraction in 2012

Above: Basseterre (CJ Photo) By the Caribbean Journal staff While St Kitts and Nevis’ economy contracted by 1.3 percent in 2012, the country is projected to see a recovery in 2013 with 2 percent growth, according to the International Monetary Fund. Last year’s contraction reflected “sluggish construction and tourism sectors,” according to the IMF, which […]

IMF: Belize Experiencing Output Rebound, Tourism Recovery

Above: Belize (Photo: Belize Tourism) By the Caribbean Journal staff Belize is experiencing an output rebound, despite a decline in oil production, according to the International Monetary Fund, which just concluded its yearly review of the country’s economy. According to the fund, Belize is expected to see GDP growth this year of between 3.5 and […]