IHG Hotels & Resorts is accelerating its strategic expansion throughout Mexico, Latin America, and the Caribbean (MLAC), reinforcing its footprint with 32 new properties in the pipeline across its six luxury and lifestyle brands. This growth aligns with IHG’s commitment to delivering elevated travel experiences in both vibrant urban centers and tranquil resort destinations. The group, which...
barbados business
Barbados has fortified its financial defences and reaffirmed its commitment to a stable currency through a strategic mix of repatriated funds and calculated foreign exchange sales, according to the Central Bank of Barbados’ latest annual report. The initiatives, aimed at preserving the fixed exchange rate of two Barbados dollars to one US dollar, have helped to shield the economy from external...
The 43rd Caribbean Travel Marketplace, hosted for the first time by Antigua and Barbuda, brought together the region’s tourism powerhouses and international buyers in a vibrant showcase of what’s next for business and incentive travel across the Caribbean. Organised by the Caribbean Hotel and Tourism Association (CHTA), the event highlighted not just destination development but also upcoming major...
The Caribbean is experiencing a significant resurgence in travel demand for the summer of 2025, fueled by cultural events, growing interest from new international markets, and strategic industry initiatives. The latest Caribbean Travel Trends 2025 report, released jointly by ForwardKeys and the Caribbean Hotel & Tourism Association (CHTA) during the Caribbean Travel Forum in Antigua and Barbuda on May...
The Caribbean is set to welcome a new icon of ultra-luxury hospitality as Aman, one of the world’s most revered resort brands, prepares to open Amancaya, a dual-island resort in the heart of The Bahamas' Exuma archipelago. Scheduled to debut in late 2025, Amancaya marks Aman's most ambitious project in the region to date, bringing its signature blend of minimalism, exclusivity, and immersive wellness...
The Caribbean Travel Marketplace (CTM) 2025, hosted in the colorful and culturally rich setting of Antigua, confirmed once again that this annual event is much more than a business gathering — it is a showcase of bold leadership and visionary planning across the Caribbean’s tourism sector. Breaking Travel News continued its live coverage, capturing compelling insights from high-level executives,...
Barbadian-born international entertainer, Andre “DJ Puffy” Parris, has been officially appointed as Barbados’ newest Tourism and Culture Ambassador, marking a bold move by the island to amplify its presence on the global stage. The announcement was made during a formal signing ceremony at the Barbados Tourism Marketing Inc. (BTMI) headquarters. This strategic partnership, a joint initiative...
The African Export-Import Bank (Afreximbank), in collaboration with the Government of Grenada, has announced that the 2025 AfriCaribbean Trade and Investment Forum (ACTIF2025) will be held in St. George’s, Grenada, from 28 to 29 July 2025. Themed “Resilience and Transformation: Enhancing Africa-Caribbean Economic Cooperation in an Era of Global Uncertainty,” this high-level event aims to fast-track...
Barbados’ financial sector remained a pillar of economic strength in 2024, with commercial banks and finance companies continuing to play a vital role in supporting household and business savings, credit expansion, and economic activity. While overall profitability dipped compared to 2023, the sector still posted solid earnings and maintained a trajectory of asset growth, according to the latest annual...
April 2025 marked a standout month for travel throughout the Caribbean and surrounding regions, thanks to remarkable on-time performance by major North American airlines. A new report from Cirium shows that carriers like Delta Air Lines, United Airlines, and American Airlines led the charge, setting new benchmarks for punctuality that bolstered traveler confidence and streamlined air travel across the...