The long-awaited Hyatt hotel development on The City’s historic waterfront is slated to commence in January, creating 1,500 jobs and providing a significant boost to the local construction industry. This was announced by developer Mark Maloney during the groundbreaking ceremony for the WestBeach Barbados project last Friday. The Hyatt Ziva all-inclusive hotel, which will extend from the Pierhead...
Barbados is reaping the rewards of recent discussions with Delta Air Lines, as the carrier has announced an increase in airlift for summer 2025. Starting from May 7, 2025, through September 7, 2025, Delta will operate daily non-stop flights from Hartsfield-Jackson Atlanta International Airport to Grantley Adams International Airport. Minister of Tourism and International Transport Ian Gooding-Edghill...
Private equity investment (PEI) is fueling a new wave of development in the Caribbean's hospitality industry, creating exciting opportunities for investors and entrepreneurs alike. With its thriving tourism sector, the Caribbean continues to attract international firms seeking to invest in luxury hotel projects. A prime example of this is Rosewood Hotels & Resorts’ recent announcement of a 124-acre...
The newly appointed Canadian High Commissioner to Barbados, Her Excellency Brenda Hope-Wills, has expressed her commitment to strengthening the long-standing relationship between the two nations and exploring new avenues for collaboration. During a recent courtesy visit with Prime Minister Mia Amor Mottley at government headquarters, High Commissioner Hope-Wills affirmed her intention to build on the...
Investors looking to expand their portfolios into sustainable sectors should take note of the upcoming Eastern Caribbean Blue Economy Virtual Investment Forum. Under the theme, “The Blue Economy: A Wealth of Opportunities in Grenada, Saint Lucia, and Saint Vincent and the Grenadines,” this event is scheduled for November 26, 2024. It aims to establish the Eastern Caribbean as a premier destination for...
Please find a list of our recommended lenders in Barbados for Local and USD Mortgages: Barbados Dollar Mortgage Lenders *Residential Mortgages ($BDS) Adrian Waithe - CIBC Private Banking: +1 (246) 234-8067 /[email protected] Kelin Roberts - Republic Loans: +1 (246) 243-2821/[email protected] Russel Campbell: RBC Mortgages: +1 (246)...
Barbados and Qatar have taken a significant step toward strengthening bilateral relations by signing an Air Services Agreement (ASA), allowing designated airlines from both countries the flexibility to operate without directional or geographical restrictions. The agreement is expected to foster cooperation in various sectors, including tourism, education, and trade. In addition to boosting air...
Barbados' government is gearing up to modernize its land transaction procedures to facilitate easier property purchases and enhance the country's competitiveness, Prime Minister Mia Mottley announced. Speaking at a colloquium hosted by the Ministry of Housing, Lands, and Maintenance at the Lloyd Erskine Sandiford Centre, Mottley criticized the current system as outdated and obstructive to economic growth,...
Virgin Atlantic has appointed Sean Edwards as its new Country Manager for the Caribbean, signaling an exciting step forward in the airline’s regional operations. With extensive experience in the airline and travel sectors, Edwards is well-positioned to lead Virgin Atlantic’s growth in one of its most important markets. Edwards re-joins Virgin Atlantic after a five-year period during which he led...
Barbados has secured the 77th spot among 133 economies in the Global Innovation Index (GII) 2024, marking its return to the index after an eight-year absence. The GII, jointly published by Cornell University, INSEAD, and the World Intellectual Property Organization (WIPO), annually assesses countries' innovation capabilities and performances. It evaluates various factors crucial to innovation,...