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Regional Market Trends & Global Outlook

Barbados News – Barbados Named Africa’s Destination of the Year, Marking a New Era of Atlantic Connection

Barbados has earned major recognition on the African travel stage, winning the Destination of the Year: African Diaspora award at the 2025 Balearica (Africa) Tourism Awards. The honour marks a significant milestone in the island’s expanding outreach across Africa—one of the world’s fastest-growing travel markets—and is poised to elevate Barbados’ standing among African leisure, business, and...

Caribbean News – Four Seasons Debuts New Puerto Rico Resort as the Caribbean’s Luxury Market Accelerates

Puerto Rico’s rapid rise as one of the Caribbean’s most desirable destinations continues this month with the opening of the island’s first Four Seasons resort—a milestone moment for both the hospitality brand and the region’s booming tourism sector. The island has been experiencing an impressive surge in visitors, driven by its easy airlift from major U.S. cities, nearly 300 beaches, lush...

Barbados News – Renaissance Makes First Call as Barbados Strengthens Its Position as a Premier Home Port

Barbados celebrated another milestone in its growing cruise tourism sector on Monday as the Ambassador Cruise Line vessel Renaissance made its maiden call to the Bridgetown Port, bringing 938 passengers to the island. A plaque-exchange ceremony was held onboard to commemorate the occasion, where Barbados Tourism Marketing Inc. (BTMI) Chief Operations Officer Cheryl Carter officially welcomed Captain...

Barbados News – A US$200 Million Vision Poised to Make Barbados the Region’s New Pharma Hub

Barbados is positioning itself at the forefront of global pharmaceutical innovation with the announcement of EarlyHealth City Barbados, a groundbreaking US$200 million life sciences and manufacturing ecosystem planned for Newton, Christ Church. The transformative project, driven by a new partnership between Export Barbados (BIDC) and EarlyHealth Group (EHG) of Dubai, marks one of the largest and most...

Caribbean News – Caribbean Officials to Gather in Miami to Strengthen Collaboration and Drive Tourism Growth

Caribbean Weekend in Miami 2025 is set to bring together the region’s top tourism leaders for four days of strategic dialogue, collaboration and forward planning. Organized by the Caribbean Tourism Organization (CTO), the event will take place from December 4–8 at the Loews Coral Gables Hotel, uniting ministers, tourism directors, industry executives and private-sector partners to discuss the evolving...

Barbados News – S&P Upgrades Barbados to ‘B+’ as Reforms Strengthen Fiscal Stability and Economic Growth

Barbados has received a major vote of confidence from S&P Global Ratings, which has upgraded the island’s long-term local and foreign currency sovereign credit ratings to ‘B+’ from ‘B’, with a stable outlook. The upgrade reflects the country’s improved fiscal discipline, economic resilience, and effective governance, following years of reform under Prime Minister Mia Mottley’s...

Barbados News – Barbados Strengthens UK Trade Ties, Targeting Investment in Energy, Space, and Creative Industries

Barbados is deepening its trade and investment relationship with the United Kingdom as it seeks to position itself at the forefront of emerging global industries. The island is focusing on expanding British investment in renewable energy, space technology, and the creative economy — key sectors identified as drivers of sustainable growth. Speaking at the sixth annual UK Trade Mission to Barbados...

Barbados News – Barbados and Africa Move to Deepen Trade and Investment Links at GUBA Forum

Barbados and its Caribbean neighbours are being encouraged to seize billions of dollars in untapped trade and investment opportunities with Africa. The call came as regional and African leaders, entrepreneurs, and policymakers gathered in Bridgetown for the opening of the inaugural GUBA Awards and Trade and Investment Forum on Monday. The Grow, Unite, Build Africa (GUBA) Awards honour the achievements...

Barbados News – Barbados Joins CAF as Smallest Full Member, Unlocking $36 Billion in Financing Opportunities

Barbados is poised to become the smallest full member of the Development Bank of Latin America and the Caribbean (CAF), unlocking access to over US$18 billion (approximately BDS$36 billion) in financing for government projects, private sector ventures, and individuals. Finance and Economic Affairs Minister Ryan Straughn introduced legislation on Tuesday to formalize the island’s upgraded status,...

Barbados News – Barbados Welcomes the 2025 Air Canada Race for Its First-Ever Caribbean Edition

Barbados is gearing up to welcome the 2025 Air Canada Race from Thursday, November 20 to Tuesday, November 25, 2025, marking the first time this flagship incentive programme will take place in the Caribbean. What the Air Canada Race Is The Air Canada Race is an exclusive “learn-and-earn” initiative by Air Canada that rewards travel agents from Canada (and in some cases the U.S.) who complete a...