Amidst geopolitical events, the pandemic, and inflationary pressures, the Caribbean islands have not been immune to these global factors. However, Barbados, in particular, presents a promising economic outlook for 2023 and beyond, making it an appealing option for individual investors seeking opportunities in the region. Real estate stands out as an incredible investment opportunity in Barbados. With...
Kilchoman, the renowned Islay Scotch whisky producer, has been granted planning permission to establish a rum distillery in Barbados. In August 2021, Kilchoman acquired the abandoned Bentley Mansion and nine acres of land in the parish of Saint Philip. The company has outlined its vision to construct dedicated structures for the rum distillery, milling operations, and cask warehousing, while also sourcing...
Caribbean resorts and businesses have long struggled with expensive energy costs. However, as the region experiences a surge in hotel construction and investment, there is an increasing demand for sustainable, reliable, and cost-effective energy solutions. One company that is revolutionizing the Caribbean's clean energy landscape is E-Finity Distributed Generation. E-Finity, a trailblazer in...
The annual Caribbean Hotel and Resort Investment Summit has commenced in Coral Gables, Florida, marking the region's most prominent event in the hospitality industry. Held at the Loews Hotel in Miami's Coral Gables neighborhood, the 14th edition of the summit brings together a distinguished group of developers, hotel owners, investors, and executives from across the Caribbean. With over 400 delegates in...
The desire for adventure, favorable exchange rates, and the flexibility to work from anywhere have sparked a renewed interest among Americans in owning property overseas. Take John and Felicia Magliula, for example. As self-proclaimed adventurers, they sought a new place to call home for their growing family and ultimately chose St. Croix in the Caribbean. They purchased a spacious estate there for $1.4...
The Caribbean has always been a sought-after destination for American and Canadian tourists in search of sun, sand, and relaxation. However, in recent years, the region has also gained popularity among a different group of travelers: digital nomads. With its warm climate, affordable cost of living, and expanding digital infrastructure, the Caribbean has become a magnet for remote workers and...
The Caribbean real estate market is experiencing a remarkable surge, attracting the attention of savvy investors seeking lucrative opportunities in the region. As the market expands, investors are turning to artificial intelligence (AI) to optimize their investment strategies. In this article, we delve into the ways investors can utilize AI to make smart real estate investments in the Caribbean. The...
Apes Hill Barbados, an exquisite golf resort and community nestled in nature, is delighted to announce the availability of villa rentals starting from the winter of 2023. This extraordinary destination caters to golf enthusiasts and those in search of a serene and opulent lifestyle in a truly remarkable environment. Whether you're an avid outdoor adventurer, a leisurely poolside lounger, or someone...
Eduardo Cruz del Rio, the Vice President of Operations for Latin America and the Caribbean at Wyndham Hotels, announced that when the Sam Lord's Castle Barbados, A Wyndham Grand Resort opens in late September, it will not only be the largest all-inclusive resort in Barbados but also the largest hotel on the island. During the recent coverage of the Caribbean Hotel and Tourism Association's Caribbean...
Marriott International remains steadfast in their decision to acquire the Elegant Hotel Group and is now eagerly preparing to invest millions of dollars in Barbados post-COVID to enhance the properties and elevate their standards. Alex Fiz, the Caribbean & Managing Director - All-Inclusive, Area Vice President, expressed unwavering confidence in the acquisition, emphasizing that the pandemic,...