The Caribbean has witnessed a surge in luxury property investments as affluent buyers, attracted by its beauty and tax incentives, seek secondary homes in tropical settings. Global property consultancy Knight Frank reports that, since the pandemic, the Caribbean has become a top destination for high-net-worth individuals (HNWIs), sparking new high-end developments that are redefining island luxury. On...
In a strong third-quarter performance, the Barbados dollar funds of Fortress Fund Managers (FFM) reached new all-time highs, bringing substantial returns to long-term investors. FFM’s September 2024 quarterly report shared the impressive growth across its key funds: the Fortress Caribbean Growth Fund, the Fortress High Interest Fund, and the Fortress Caribbean Pension Fund. Caribbean Growth Fund...
Barbados is set to receive a significant airlift boost from the United States this winter, as American Airlines (AA) resumes its direct service from New York’s JFK and introduces a new non-stop flight from Philadelphia. José María Giraldo, AA's Managing Director of Operations for Mexico, Central America, and the Caribbean, announced the expansion at Grantley Adams International Airport during a...
Expected Opening: Spring 2026 | 220 Exclusive Rooms The much-anticipated Royalton CHIC Barbados is set to join Marriott’s prestigious Autograph Collection, bringing an all-inclusive, adults-only experience to Barbados like never before. Announced at the 2024 World Travel Market in London, this property by Blue Diamond Resorts aims to elevate the Caribbean travel scene, providing modern luxury and a...
Despite global economic uncertainties and the impact of hurricane Beryl, Barbados has maintained a steady economic growth path, demonstrating resilience in the face of challenges. The nation’s real GDP grew by 3.9% from January to September 2024, driven by key sectors such as tourism, business services, and construction. Inflation has moderated, unemployment has decreased, and Barbados’ external...
From October 16-21, 2024, the Barbados Chamber of Commerce & Industry (BCCI) led a delegation of Barbadian businesses on a successful trade mission to Panama. Organized in collaboration with Propanama, Export Barbados (BIDC), Invest Barbados, the Embassy of Barbados in Panama, and Barbados Tourism Marketing Inc., the mission aimed to expand market opportunities and strengthen economic ties between...
Bonaire, the Caribbean island renowned for its diving, culinary scene, and adventurous spirit, is set to welcome Hilton’s first-ever resort on the island. In an exciting move, the popular Delfins Beach Resort will join Hilton’s Tapestry Collection in 2025, bringing new prestige to this beloved destination. Delfins Beach Resort has long been a favorite among Dutch travelers but has struggled to...
Blue Diamond Resorts has unveiled plans to expand its Caribbean footprint by opening a vibrant, adults-only resort in Barbados. Scheduled to welcome guests in 2026, the Royalton Chic Barbados will offer an all-inclusive luxury experience just a 30-minute drive from Barbados International Airport, featuring 220 modern suites designed to immerse visitors in breathtaking seafront and swim-out...
The 2024 Barbados Food and Rum Festival has achieved record-breaking attendance, marking the largest influx of visitors in the festival's history. This milestone was confirmed by Andrea Franklin, CEO of the Barbados Tourism Marketing Inc. (BTMI), during the sold-out Rise & Rum Breakfast Beach Party held recently at Harbour Lights, Bay Street, St. Michael. Franklin noted that ticket sales this year...
Barbados’ Minister of Foreign Affairs and Foreign Trade, Kerrie Symmonds, has unveiled a plan to enhance the country’s global visibility and foster stronger connections with Barbadians abroad. This strategy includes appointing consuls in key diaspora centers to facilitate outreach and support. At the St James Parish Church, during the launch of the Barbados Diaspora Connection Campaign, Symmonds...