Business

Barbados News – CHICOS 2024 Summit Unveils Lucrative Investment Opportunities

Over 300 investors, tourism officials, and industry leaders gathered in Barbados this week for the island’s inaugural hosting of the Caribbean Hotel Investment Conference and Operations Summit (CHICOS). During the November 13–15 event, held at the Wyndham Grand Barbados Sam Lord’s Castle, Minister of Tourism Ian Gooding-Edghill encouraged participants to explore the abundant investment...

Caribbean News – Clean Energy in the Caribbean: E-Finity’s Impact on Resorts and Developments

E-Finity Distributed Generation is at the forefront of transforming the Caribbean’s energy landscape, with its innovative microgrid solutions helping to power everything from large resorts to affordable housing developments across the region. The company has played a key role in promoting clean, reliable energy through its unique microgrid technology, which integrates solar power, battery storage,...

Barbados News – Fortress Funds Soar to Record Highs, Rewarding Investors

In a strong third-quarter performance, the Barbados dollar funds of Fortress Fund Managers (FFM) reached new all-time highs, bringing substantial returns to long-term investors. FFM’s September 2024 quarterly report shared the impressive growth across its key funds: the Fortress Caribbean Growth Fund, the Fortress High Interest Fund, and the Fortress Caribbean Pension Fund. Caribbean Growth Fund...

Barbados News – American Airlines Expands Winter Flights with New York and Philadelphia Routes

Barbados is set to receive a significant airlift boost from the United States this winter, as American Airlines (AA) resumes its direct service from New York’s JFK and introduces a new non-stop flight from Philadelphia. José María Giraldo, AA's Managing Director of Operations for Mexico, Central America, and the Caribbean, announced the expansion at Grantley Adams International Airport during a...

Barbados News – New Adults-Only Royalton CHIC Barbados Joins Marriott’s Autograph Collection

Expected Opening: Spring 2026 | 220 Exclusive Rooms The much-anticipated Royalton CHIC Barbados is set to join Marriott’s prestigious Autograph Collection, bringing an all-inclusive, adults-only experience to Barbados like never before. Announced at the 2024 World Travel Market in London, this property by Blue Diamond Resorts aims to elevate the Caribbean travel scene, providing modern luxury and a...

Barbados News – Central Bank Reports Steady Economic Gains Amid Global Headwinds

Despite global economic uncertainties and the impact of hurricane Beryl, Barbados has maintained a steady economic growth path, demonstrating resilience in the face of challenges. The nation’s real GDP grew by 3.9% from January to September 2024, driven by key sectors such as tourism, business services, and construction. Inflation has moderated, unemployment has decreased, and Barbados’ external...

Barbados News – Barbadian Business Leaders Establish Key Partnerships in Panama

From October 16-21, 2024, the Barbados Chamber of Commerce & Industry (BCCI) led a delegation of Barbadian businesses on a successful trade mission to Panama. Organized in collaboration with Propanama, Export Barbados (BIDC), Invest Barbados, the Embassy of Barbados in Panama, and Barbados Tourism Marketing Inc., the mission aimed to expand market opportunities and strengthen economic ties between...

Barbados News – Blue Diamond Resorts Expands to Barbados with Chic New Destination

Blue Diamond Resorts has unveiled plans to expand its Caribbean footprint by opening a vibrant, adults-only resort in Barbados. Scheduled to welcome guests in 2026, the Royalton Chic Barbados will offer an all-inclusive luxury experience just a 30-minute drive from Barbados International Airport, featuring 220 modern suites designed to immerse visitors in breathtaking seafront and swim-out...

Barbados News – Government Expands Global Reach with New Diaspora Initiatives

Barbados’ Minister of Foreign Affairs and Foreign Trade, Kerrie Symmonds, has unveiled a plan to enhance the country’s global visibility and foster stronger connections with Barbadians abroad. This strategy includes appointing consuls in key diaspora centers to facilitate outreach and support. At the St James Parish Church, during the launch of the Barbados Diaspora Connection Campaign, Symmonds...

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