Business

Barbados News – Caribbean Experts Convene in Barbados to Shape Circular Economy Strategies

A regional gathering focused on "Financing Circular Economy Solutions for Waste Management" concluded on September 6. Funded by the EU's Zero Waste in the Caribbean initiative and co-financed by German Cooperation alongside CARIFORUM, the meeting brought together over 60 waste-management experts to explore financial solutions for transforming waste into opportunities within the circular economy. Held...

Barbados News – Minister Gooding-Edghill Advocates for Regional Economic Development

Minister of Tourism and International Transport, Ian Gooding-Edghill, has urged for enhanced collaboration among key tourism stakeholders across the Caribbean, emphasizing their pivotal role in driving the region’s economic progress. Speaking at the ASTA Caribbean Showcase in Curaçao, Gooding-Edghill highlighted the importance of governments and tourism agencies strengthening alliances to boost the...

Barbados News – MegaFest 2024: A Chance to Engage with the Island’s Booming Tourism Sector

The Barbados Tourism Marketing Inc (BTMI) has unveiled an exciting lineup of events for Tourism Week 2024, emphasizing the sector’s global impact on economies and cultural exchange. Scheduled from September 22 to 28, these events coincide with World Tourism Day and adopt the theme "Tourism and Peace – 30 Years of Connecting People to Places and Cultures." Marsha Alleyne, Chief Product Development...

Caribbean News – Antigua Gears Up for Global Tourism Event in 2025

The Caribbean Hotel and Tourism Association (CHTA) has selected Antigua and Barbuda as the venue for the 43rd Caribbean Travel Marketplace (CTM), set to take place from May 18-22, 2025. This major event will draw global buyers and regional suppliers, positioning Antigua and Barbuda as a rising star in Caribbean tourism. “Our twin-island nation is now a focal point for international travel and...

Barbados News: Pelican Village Becomes a Model for Caribbean Business Success

Pelican Village, formerly a quiet craft center, has undergone a significant transformation into a vibrant hub for small business development, spearheaded by Export Barbados. This initiative has created a dynamic ecosystem, providing nearly 50 small businesses with essential support to grow and potentially enter global markets. Mark Hill, Chief Executive Officer of Export Barbados, emphasizes a holistic...

Caribbean News – CHTA’s 2024 Virtual AGM to Shape the Future of Tourism

The Caribbean Hotel and Tourism Association (CHTA) has announced the 2024 Virtual Annual General Meeting (AGM), which will take place on November 15, 2024. This significant event aims to unite key players in the region’s tourism and hospitality sectors, including government officials, hotel operators, and industry experts, to discuss strategies for boosting growth and resilience in the Caribbean’s...

Caribbean News: Jamaica Hosts Summit to boost MSMEs this September

The Jamaica Business Development Corporation (JBDC) is gearing up to host the highly anticipated Digital Jamaica Summit and Showcase on September 3, aimed at catapulting Jamaica’s micro, small, and medium-sized enterprises (MSMEs) into the digital era. Set against the backdrop of The Jamaica Pegasus hotel in New Kingston, this event promises a deep dive into the transformative power of digital...

Caribbean News – 2024 CAPA Summit Reveals Strong Growth in High-End Caribbean Travel

On August 23, 2024, at the CAPA Airline Leader Summit for Latin America & the Caribbean, Rosa Harris, Chairman of the Caribbean Tourism Organisation (CTO), emphasized the increasing demand for premium and luxury travel across the Caribbean region. Harris remarked that there is currently "a lot more money" in the Caribbean travel market, highlighting the need for the tourism sector to strategically...

Caribbean News – Hotel Occupancy is rising Across Caribbean Islands

Caribbean hotel occupancy experienced fluctuations in 2024, largely due to the impact of Hurricane Beryl. While the first half of the year saw consistent growth in occupancy, with a peak of 71.3% by June, July saw a decline of 1.9% in occupancy compared to the previous year. This dip was attributed to the direct effects of Hurricane Beryl, which caused significant disruptions across several islands,...

Caribbean News: Sustainable Innovation Drives Rosewood’s New Caribbean Venture

Rosewood Hotels & Resorts has unveiled its latest jewel in the Caribbean, Rosewood Exuma, a secluded private island experience set in the stunning Exumas archipelago. Partnering with Miami-based investment firm Yntegra Group, Rosewood aims to redefine luxury and sustainability in this pristine Bahamian locale. Situated on the serene East Sampson Cay, Rosewood Exuma spans 124 acres of untouched...

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