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Regional Market Trends & Global Outlook

Caribbean News – Royal Caribbean Redefines Cruising with Star of the Seas, Its Most Thrilling Ship Yet

Imagine a rooftop bar suspended over the ocean, the world’s largest pool at sea, and a glass-domed AquaTheater where aerialists, acrobats, and DJs come together beneath the stars. Welcome aboard Star of the Seas, Royal Caribbean’s newest Icon Class cruise ship—and a revolutionary leap forward in vacation experiences. After nearly two years of construction at the Meyer Turku shipyard in Finland,...

Barbados News – Barbados to Pioneer New Debt-for-Resilience Swap Backed by Global Development Banks

Barbados is poised to become the first country to pilot a new regional debt-for-resilience facility, a groundbreaking financial model designed to redirect costly debt repayments toward sustainable development and social investment. This innovative mechanism—supported by four major multilateral development banks—will allow participating Caribbean nations to swap expensive government bonds for...

Barbados News – Barbados to Host CHIEF and Taste of the Caribbean in 2025

The Caribbean Hotel and Tourism Association (CHTA) has announced the highly anticipated return of two of its signature events — the Caribbean Hospitality Industry Exchange Forum (CHIEF) and Taste of the Caribbean — both set to take place November 16–18, 2025, at the Wyndham Grand Barbados Sam Lord’s Castle Resort. These flagship events will unite tourism and hospitality professionals,...

Caribbean News – Caribbean Tourism Unveils Bold 2025–2027 Plan to Drive Unity, Sustainability, and Empowerment

The Caribbean Tourism Organization (CTO) has launched an ambitious new blueprint to redefine the future of tourism across the region. Titled the “Reimagine Plan 2025–2027,” this strategic roadmap moves beyond recovery and calls for a complete transformation of Caribbean tourism into a driver of innovation, inclusion, and resilience. Unveiled in New York, the Barbados-based CTO's plan outlines a...

Barbados News – Barbados Launches Fully Digital Visa System to Streamline Entry

Barbados is stepping boldly into the digital era: as of July 1, 2025, its Immigration Department has officially launched an online entry visa application portal, enhancing convenience and efficiency for travellers worldwide. This new portal joins the EZPay+ online payment system, which has handled all immigration payment types since March 14, 2025. At the press conference held at Immigration HQ on...

Barbados News – Barbados Joins CAF’s Highest Membership Tier, Unlocks New Financing Power

Barbados has been officially approved for Series “A” shareholder status by the Board of Directors of CAF – Development Bank of Latin America and the Caribbean, marking a major milestone in the island's international financial standing. This upgrade, CAF’s highest level of membership, positions Barbados for greater access to development funds and grants the country a seat on the bank’s board,...

Caribbean News – Valor Hospitality Makes Bold Caribbean Entry with Luxury Eco-Resort in Tobago

Global hotel operator Valor Hospitality Partners is officially entering the Caribbean market through a landmark partnership with Cove Bay Developments to manage a new luxury destination on Tobago’s stunning northern coast. The Plymouth Peninsula Tobago project is set to debut in 2027 and marks Valor’s first footprint in the region. The high-end resort will be developed by Cove Bay Developments, led...

Barbados News – Barbados Sets Sights on Middle East Visitors as Connect Barbados Welcomes GCC Delegation

Barbados is looking to deepen ties with the Gulf Cooperation Council (GCC) region as part of its global tourism expansion strategy. The Caribbean destination welcomed a high-level delegation from the Middle East to its flagship trade show, Connect Barbados, which returned this June for the first time since the pandemic. The four-day event, held from June 23 to 26, 2025, brought together leading travel...

Caribbean News – New CDB – IDB Invest Partnership to Unlock Trade and Finance for Caribbean Businesses

The Caribbean Development Bank (CDB) and IDB Invest have joined forces in a renewed strategic partnership designed to accelerate private sector development and enhance trade finance access across the Caribbean. The announcement signals a major step toward strengthening the role of small and medium-sized enterprises (SMEs) in driving regional economic growth. This new collaboration places private...

Caribbean News – Montego Bay to Welcome Its First Marriott Hotel in 2027 With Modern EP Concept

Montego Bay is preparing to mark a major milestone in its tourism landscape with the debut of its first-ever Marriott-branded hotel—a contemporary AC Marriott set to transform the city’s iconic Hip Strip. Announced by Sandals Resorts Executive Chairman Adam Stewart, the 165-room property will be built on the former site of Sandals Carlyle and will feature a European Plan (EP) model—moving away...