Search Result for: signs of growth

99 results found.

In Statia, Signs of Growth

A new landmark at EUX airport By the Caribbean Journal staff You may have seen one in Curacao. Or Aruba. But now another Dutch Caribbean island has a landmark sign: St Eustatius. The new “ I Love EUX” attraction board […]

photo of the pool at the historic hotel in santo domingo

Another Month of Strong Tourism Growth for Dominican Republic 

The Dominican Republic’s record-breaking tourism numbers are showing no signs of slowing down, according to newly-released data from the country’s Ministry of Tourism.  The Dominican Republic reported 531.017 stavover arrivals in October, the most ever for the country in the […]

bermuda st regis on the beach

In Bermuda, Signs of a Travel Rebound

Bermuda seems to have turned the corner in its post-pandemic travel rebound, according to the newest data released by the Bermuda Tourism Authority.  The island’s leisure air arrivals were up 88 percent in the first quarter, compared to the same […]

Bonaire Caribbean Vacation

Bonaire Keeps Up Strong Tourism Growth

Bonaire welcomed 16,285 stayover visitors in January if 2023– over 10 percent more than stayover visitors recorded in January 2019.  The island’s two largest source markets have shown signs of growth, with a total of 8,383 Dutch visitors and 3,938 […]

jamaica tourism optimism

Jamaica: “Cautious Optimism” for Visitor Arrival Growth

Jamaica Tourism Minister Edmund Bartlett has “cautious optimism” for what a potential “major upturn” in visitor arrivals this upcoming winter tourist season, he said this week.  At the end of February 2020, Jamaica had reported a 5.5 percent increase in […]

curacao tourism open

Signs of Improvement for Caribbean Hotel Industry

By Fatima Thompson CJ Contributor May produced positive overall performance results for hotels in the Caribbean thanks to just the second room-rate increase of 2018. Occupancy was down (-0.9%) for the seventh month in a row even with lower room […]

Airbnb Signs Tax Deal with Quintana Roo

Airbnb is making major moves in the Mexican Caribbean. The home sharing giant recently announced the signing of a tax deal with the Mexican state of Quintana Roo, home to the country’s Caribbean destinations like Cancun and Tulum. As part […]

caribbean hotel records

Caribbean Hotel Occupancy Sees Positive Growth

It’s a small sample, but the Caribbean hotel sector is starting to show signs of a rebound, according to new data from hotel analytics firm STR. After a down year in 2016 and a slow start to 2017, Caribbean hotel […]

JetBlue Traffic Growth Slows

After surging for much of the last year (and into this one), JetBlue traffic slowed in February, according to the company’s latest data report. The carrier reported 3.456 billion revenue passenger miles in February, up just 0.1 percent from February […]

AMResorts Signs New Resort Deal in Mexico

The Caribbean’s fastest-growing hotel company has added another new property to its management portfolio. Apple Leisure Group subsidiary AMResorts has signed a deal to open the Zoëtry Chamela Costalegre Mexico all-inclusive resort. The 120-room, new-build property will be located 90 miles […]

Barbados Signs $10 Million Loan Deal With IDB

Barbados has signed a pair of agreements with the Inter-American Development Bank for $10 million in loan financing. The funding will finance a programmed aimed at strengthening “human and social development” on the island, according to a government statement. Barbados […]

Jamaica’s Growth Outlook Is Improving

Positive signs for Jamaican economy By the Caribbean Journal staff Jamaica’s economy is showing some positive signs, according to the International Monetary Fund, which recently concluded a mission to the country. “A gradual economic recovery is underway.” said IMF Mission […]

Barbados Economy Showing Growth

After two slow years, signs of life By Dana Niland CJ contributor The International Monetary Fund (IMF) is projecting positive GDP growth for Barbados this year as a result of increased tourism arrivals and accelerated growth in key markets. After […]

“Encouraging” Signs of Agricultural Recovery in St Lucia

Above: a cacao plantation in St Lucia (CJ Photo) By the Caribbean Journal staff There recovery of St Lucia’s agricultural sector since the Christmas Eve trough storm in 2013 is “encouraging,” according to St Lucia Agriculture Minister Moses Jn Baptiste. […]

Trinidad Tourism Minister Resigns

Above: former Trinidad Tourism Minister Chandresh Sharma By the Caribbean Journal staff Trinidad and Tobago Prime Minister Kamla Persad-Bissessar has revoked the appointment of Tourism Minister Chandresh Sharma after accepting his resignation. The departure of Sharma came after allegations that […]

IMF: “Tentative Signs” of Gradual Economic Recovery in Jamaica

Above: Kingston (CJ Photo) By the Caribbean Journal staff Is Jamaica on the road to recovery? Not quite, but there are signs of life, according to the International Monetary Fund completed its second review of the country’s economic performance under […]

Designs Approved For Park Hyatt St Kitts

Above: a rendering of the Park Hyatt St Kitts (Photos: Kier Construction) By the Caribbean Journal staff The final project designs for the planned Park Hyatt St Kitts hotel have been approved, with a projected completion date of the end […]

IMF: Signs of Economic Recovery in St Kitts and Nevis

Above: St Kitts (CJ Photo) By the Caribbean Journal staff St Kitts and Nevis’ economy is showing signs of growth after four years of contraction, according to the International Monetary Fund. The IMF concluded its fifth and sixth reviews of […]

For Sea Turtles in Nevis, Signs of Hope

Above: Banjo returns to the ocean (All photos by CJ) By Alexander Britell NEVIS — It’s been more than a decade since Lemuel Pemberton began his efforts to save the nesting sea turtle population on the island of Nevis. Over […]

Jamaica Signs Off on IMF Measures; Talks Heading Toward “Final Round”

Above: Minister Peter Phillips (CJ Photo) By the Caribbean Journal staff Jamaica’s Cabinet has signed off on a series of measures required to advance the country’s negotiations with the International Monetary Fund, Finance Minister Dr Peter Phillips said at a […]

Turks and Caicos Signs Agreement for Amanyara Resort Expansion

Above: the Amanyara Resort in Turks and Caicos By the Caribbean Journal staff Turks and Caicos Islands Governor Ric Todd has signed a multi-million-dollar agreement with Caicos Resorts Limited, the owner of the Amanyara resort. The agreement involves a lease […]

Guyana Signs $33 Million Agreement With UNDP on Natural Resources

Above: Guyana’s Kaieteur Falls By the Caribbean Journal staff Guyana’s Ministry of Natural Resources and Environment Wednesday signed a $33 million agreement with the United Nations Development Programme for a project on natural resources management. The six-month project will develop […]

IMF: Grenada’s Economy Shows Signs of Fragile Recovery, But Risks Remain

Above: Downtown St George’s (CJ Photo) By the Caribbean Journal staff Grenada’s economy is showing signs that a “fragile recovery” may underway, although “significant” downside risks remain, according to the International Monetary Fund. An IMF mission visited Grenada form May […]

Montserrat Premier Signs Memorandum With UK on Government Reforms

Above: signing the MoU (Photo: GIS) By the Caribbean Journal staff Montserrat Premier Reuben Meade has signed a Memorandum of Understanding with the United Kingdom’s Department for International Development outlining a series of governmental reforms the territory must undertake to […]

Trinidad and Tobago Showing Signs of Economic Recovery: IMF

By the Caribbean Journal staff Trinidad and Tobago’s economy is turning the corner, with growth expected to resume in 2012, according to the International Monetary Fund. The fund recently concluded its Article IV Consultation discussions with Trinidad. After contraction of […]

El Salvador Signs Agreement to Host 34th Session of ECLAC in August

Above: ECLAC’s headquarters in Santiago (Photo: ECLAC) By the Caribbean Journal staff The United Nations Economic Commission for Latin America and the Caribbean will host its 34th Session in San Salvador, El Salvador in August, following an agreement signed Tuesday. […]

Puerto Rico Shows Positive Growth, Unemployment Falls to Three-Year Low

Above: Gov. Luis Fortuño By the Caribbean Journal staff Puerto Rico’s Economic Activity Index grew 0.5 percent in December 2011, the first year-over-year growth since the recession began in 2006, according to the Government Development Bank for Puerto Rico. The […]

Bahamas Signs Deal on $48.5M Sports Centre Renovation

The Bahamian government signed a $48.5 million contract with two local companies for what is dubbed as the Queen Elizabeth Sports Centre Redevelopment Project. The deal is part of the country’s broader strategy to capitalize on so-called “sports tourism” something […]

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