Reflecting on the trajectory from the depths of the pandemic to the present, Fernando Garcia-Chacon expresses admiration for the rapid rebound witnessed in the Caribbean hotel investment market. As the leader of the CBRE Hotels Advisory team, Garcia-Chacon acknowledges the initial hope that hotel investments might regain their footing by 2024 or 2025. However, the reality has surpassed expectations, with...
In a recent legislative address, Barbados’ top tourism official heralded a significant surge in tourism activity, buoyed by expanded flight schedules and a notable increase in cruise ship visitors compared to the previous year. Ian Gooding-Edghill, the Minister of Tourism and International Transport for Barbados, highlighted the remarkable rise in arrival numbers, attributing it to the substantial...
Barbados' government is moving forward with the divestment of the Savannah Hotel, a key component of the GEMS project, to an undisclosed buyer. This strategic maneuver aims to invigorate the hotel sector. The Savannah Hotel in Barbados, previously under the government's ownership as part of the GEMS of Barbados hotel project, is poised for a change in ownership. Ian Gooding-Edghill, the Minister of...
In a recent announcement, Cunard revealed plans to enhance its Barbados itinerary for 2025 and 2026, introducing thirteen new sailings to the picturesque island, as stated in a press release. These fresh voyages, set to go on sale at 1 pm on March 7, 2024, complement the existing six sailings already available from late 2024 to 2026. View Luxury Holiday Villas For Rent in Barbados Villa Elan –...
In a strategic move to cater to evolving consumer preferences and expand its presence in the all-inclusive resort sector, Marriott International is set to rebrand three of its esteemed properties in Barbados this year. The renowned hospitality giant will integrate Treasure Beach, The House, and Waves resorts into its Autograph Collection brand, thereby enhancing the allure of Barbados as a premier...
While some countries offer citizenship by investment, Barbados has the option of obtaining The Special Entry Permit (SEP), which is tailored for eligible high net worth individuals and their dependents, subject to specific criteria: Individuals must be 60 years or older (those under 60 can opt for a temporary SEP). Possession of assets totaling US$5 million or more. Investment of US$2 million or...
Minister Gooding-Edghill of the Ministry of Tourism and International Transport, along with the Barbados Tourism Marketing Inc. (BTMI), is pleased to announce a significant expansion in Barbados' airline connectivity with the United States. American Airlines is set to double the number of gateways from the United States to Barbados, increasing the total to seven—a historic milestone for Barbados'...
As winter casts its gentle embrace over Barbados, a time-honored tradition unfolds—the 2024 Open House Programme. This curated series offers a captivating blend of history, heritage, and the authentic charm of Barbadian life. From the rugged cliffs of St. John to the vibrant streets of Bridgetown, each location on the itinerary unveils a unique chapter in the island's rich tapestry of culture and...
Barbados tourism received a significant boost with the inauguration of a new direct flight route to Jamaica on February 7th. The introduction of interCaribbean Airways' first non-stop flight from Barbados to Jamaica marks a milestone in regional travel and promises to invigorate tourism in both nations. The event, celebrated by the Barbados Tourism Marketing Inc. (BTMI), heralded a new era of...
The foremost hotel investment conference in the Caribbean is set to return to Miami this April. The Caribbean Hotel and Resort Investment Summit (CHRIS) will take place from April 22nd to 23rd at the Loews Coral Gables Hotel. With over 450 registered delegates, including a significant portion holding esteemed positions such as CEO, Chairman, president, or owner, the event draws attendees from more than...