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...
A significant trend is reshaping the Caribbean's hospitality landscape—the rise of branded residential resorts. Post-pandemic demand for luxury real estate and high-end residential experiences in the region has skyrocketed, with major hotel brands seizing the opportunity to cater to this growing market. One of the leading players in this trend is Marriott International. With its expanding portfolio...
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of Housing, Lands, and Maintenance at the Lloyd Erskine Sandiford Centre, Mottley criticized the current system as outdated and obstructive to economic growth,...
If you're captivated by the allure of a great TV show, chances are you've delved into the details behind it—like the cast, plot twists, and, notably, the stunning filming locations. With Netflix's Outer Banks gearing up for its fourth season, now is the perfect opportunity to uncover the breathtaking Barbadian sites that served as substitutes for the Bahamas in Seasons 2 and 3. Blending adventure,...
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...
The Caribbean was a dominant force at the 2024 World Culinary Awards, securing 43 awards across various categories. The prestigious event, held in the UAE, celebrated the region's vibrant and diverse culinary scene, with multiple Caribbean islands recognized for their contributions to global cuisine. Among the standout winners was Jamaica, which took home several top awards. The island was named the...
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,...