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Regional Market Trends & Global Outlook

Barbados News – Barbados Rolls Out the Region’s Largest Electric Bus Fleet

Barbados now boasts the largest electric bus fleet in the Western Hemisphere, thanks to the formal handover of 30 new electric buses from the People’s Republic of China. This latest donation brings the island’s total to 89 electric buses and marks the third delivery in an ongoing partnership between the two nations. Deputy Prime Minister and Minister of Transport and Works, Santia Bradshaw,...

Barbados News – Barbados Partners with FIG to Grow Gymnastics and Introduce Parkour

Barbados has strengthened its commitment to the growth of gymnastics through a collaborative initiative with the International Gymnastics Federation (FIG) and the Barbados Amateur Gymnastics Association (BAGA), with plans also underway to introduce the dynamic sport of parkour to the island. The announcement came during discussions between Minister of Youth, Sports and Community Empowerment, Charles...

Barbados News – Barbados and China Unite for Zero-Carbon Future and Sustainable Island Development

Barbados and China have reaffirmed their shared commitment to climate action and sustainable development, with a renewed focus on zero-carbon initiatives. This came as officials from both countries gathered in Rockley for a networking session aimed at deepening cooperation on clean energy and low-carbon innovation. The event, held at the Accra Beach Hotel and Spa, was organised by the Association of...

Caribbean News – Commonwealth Charts Bold Course for Inclusive Trade and Investment Revival

“Trade and investment must be at the centre of the Commonwealth’s renewal,” declared Commonwealth Secretary-General Shirley Ayorkor Botchwey during the 2025 Commonwealth Trade and Investment Summit. Her remarks came at a pivotal time of global economic disruption, marked by sweeping tariffs that have unsettled markets worldwide and affected several Commonwealth countries directly. "This is no...

Caribbean News – Hotel Developers and Investors Across the Caribbean and Latin America Are Gathering at ALIS CALA

The ALIS CALA conference is recognized as the premier event for hotel investment professionals focused on the Caribbean and Latin American markets. Scheduled to take place from April 29 to May 1 at the Loews Coral Gables Hotel in Coral Gables, Florida, ALIS CALA brings together a powerful mix of investors, owners, developers, tourism officials, and industry leaders. The event represents a newly unified...

Caribbean News – Caribbean Tourism Organization to Showcase Regional Offerings at WTM Latin America 2025

The Caribbean Tourism Organization (CTO) is set to make a strong impact at WTM Latin America 2025, held in São Paulo, Brazil, from April 14-16, 2025. For the first time, the CTO will host a dedicated Caribbean Pavilion, showcasing the diverse tourism offerings of the region. Located at Booth M90, the Caribbean Pavilion will feature representatives from key destinations, including Antigua &...

Caribbean News – Why High-Net-Worth Buyers Are Turning to the Caribbean for Ultra-Luxury Real Estate

The Caribbean real estate market is undergoing one of its biggest shifts since the pandemic-era boom. High-net-worth buyers are now seeking what brokers call "super-prime" real estate—properties priced at $20 million, $30 million, and even $40 million or more. With luxury listings appearing across multiple islands, the region is solidifying its status as a premier destination for ultra-exclusive...

Barbados News – Afreximbank Expands Global Reach with $180M Trade Hub in Barbados

The African Export-Import Bank (Afreximbank), Africa’s premier multilateral financial institution, has made history with the groundbreaking of its first-ever Afreximbank African Trade Centre (AATC) in the Caribbean. Located in Bridgetown, Barbados, this landmark project signifies a significant step in strengthening trade ties between Africa and the CARICOM region. A Milestone for Global Trade With...

Caribbean News – Caribbean Hotel Industry Shows Strong Performance with Rising Indicators

The Caribbean hotel industry is experiencing strong momentum in early 2025, with key performance indicators reflecting steady growth. Hotel occupancy, revenues, and average daily rates (ADR) have all increased, continuing an upward trend that began in December 2024, when demand surged during the holiday season. Strong Performance Across the Region According to hotel analytics firm STR, regional...

Caribbean News – British Travelers Are Flocking to Barbados and Saint Lucia for 2025 Getaways

From the Platinum Coast to the Pitons, British travelers are setting their sights on two of the Caribbean’s most stunning destinations - Barbados and Saint Lucia. According to British Airways’ latest Travel Trends report, these islands are among the most sought-after holiday spots for UK vacationers in early 2025. Barbados and Saint Lucia Rank Among Top Global Destinations British Airways...