The Caribbean’s luxury tourism sector is entering another growth phase, underscored by a major new investment in The Bahamas. Baha Mar in Nassau has officially broken ground on a $700 million beachfront hotel and branded residential project, one of the most significant hospitality developments currently underway in the region. The expansion will add approximately 350 hotel rooms and suites along with...
barbados business
Barbados has taken a significant step toward transforming its energy landscape with the launch of the Caribbean’s first competitive Battery Energy Storage System (BESS) auction — a development that could redefine how renewable energy is integrated, financed, and scaled across island grids throughout the region. This bold initiative marks a shift from traditional government-led renewable pilots to...
Hard Rock International is doubling down on the Caribbean with plans for a major new $850 million integrated hotel, casino, and residential resort—one of the largest single hospitality investments announced in the region in recent years. The new Hard Rock Hotel & Casino will rise on a waterfront site in San Juan, adding a high-profile anchor project to the northern Caribbean. Construction is...
The world of branded real estate has been evolving quickly, with luxury names extending far beyond fashion and hospitality. In recent years, automotive giants such as Aston Martin and Porsche have successfully entered the residential market, placing their design identity on high-end condominium towers in destinations like Miami. Now, that trend is making its way into Caribbean resort hospitality for...
Pearns Point, Antigua’s premier beachfront and oceanfront community, has introduced a striking new villa design as part of its Plot & Plan Programme, developed in collaboration with James Hamilton Architects. The programme allows buyers to secure a fully designed villa at a fixed price, providing convenience, peace of mind, and access to the expertise of an experienced design and construction...
Marriott International is completing a long-awaited chapter in its Barbados expansion, confirming that two well-known beachfront resorts — Turtle Beach and Crystal Cove — will reopen in 2026 as all-inclusive properties under its Tribute Portfolio brand. The relaunch marks a significant milestone following Marriott’s 2019 acquisition of Elegant Hotels, a deal that not only reshaped Barbados’...
Barbados’ financial system continues to demonstrate resilience, supported by solid regulation, improving global credibility and steady progress in modernising its payments infrastructure, according to recent assessments by the Central Bank of Barbados and the Financial Services Commission. These themes were underscored in July, when the two regulators hosted a roundtable to launch the 2024 Financial...
The Caribbean Export Development Agency has officially joined the Enterprise Europe Network (EEN) as an International Network Partner, marking a significant step in deepening commercial and innovation links between the Caribbean and Europe. The partnership opens new avenues for businesses on both sides to access partnerships, market intelligence and investment opportunities. The milestone was...
Sagicor Life Inc. and Sagicor Group Jamaica Limited have announced plans to merge under a new regional holding structure, a move expected to create one of the Caribbean’s largest and most diversified financial services groups. Under the proposed arrangement, both entities will be combined into a single holding company known as Sagicor Group Caribbean, bringing together nearly US$7 billion in assets...
Barbados is gearing up for one of its largest tourism investment surges in decades, with more than $2 billion (US$1 billion) projected to enter the sector in 2026. According to the Barbados Hotel and Tourism Association (BHTA), a wave of major hotel developments—spanning the south coast, west coast, and the capital—will dramatically reshape the island’s tourism landscape over the next three...