Rosewood Hotels & Resorts has unveiled its latest jewel in the Caribbean, Rosewood Exuma, a secluded private island experience set in the stunning Exumas archipelago. Partnering with Miami-based investment firm Yntegra Group, Rosewood aims to redefine luxury and sustainability in this pristine Bahamian locale. Situated on the serene East Sampson Cay, Rosewood Exuma spans 124 acres of untouched...
Jabnival 2024, held during Barbados' vibrant Crop Over Festival, proved to be an unforgettable experience that left its mark on both locals and visitors alike. This annual event, hosted at the scenic Savvy On The Bay in Bridgetown, brought a unique energy to the island’s premier cultural celebration. Taking place on the night of August 1, 2024, under the lively theme "Naranja," Jabnival was more than...
In response to recent concerns regarding the Central Bank of Barbados' economic report and analysis, the institution has reiterated its commitment to accuracy, transparency, and public trust—principles that have been foundational throughout its 50-plus-year history. The Central Bank emphasizes the vital importance of precise, transparent, and objective economic reporting in maintaining public confidence...
The Caribbean Tourism Organization (CTO) has announced the preliminary roster of speakers for its upcoming State of the Industry Conference (SOTIC) in Grand Cayman, set to take place early next month. This year’s conference, held at the Westin Grand Cayman Seven Mile Beach Resort and Spa, is centered around the theme "Caribbean Tourism: Fueling Our Lifeblood." The theme underscores the critical...
Fortress Fund Managers (FFM) may see significant benefits for their Barbados dollar funds as global interest rates begin to decline. In FFM's June 2024 quarterly report, it was highlighted that the Fortress Caribbean Growth Fund, the Fortress Caribbean High Interest Fund, and the Fortress Caribbean Pension Fund are well-positioned to take advantage of this global trend. View Commercial Properties...
The Government of Barbados is crafting a comprehensive modern industrial policy aimed at strengthening local manufacturers and enhancing their ability to compete in international markets. This announcement was made by Minister of Industry, Innovation, Science, and Technology, Marsha Caddle, during the Barbados Manufacturers’ Association’s (BMA) 60th anniversary Mix & Mingle event at Hayman’s...
President Donald Trump's corporate trust is in the process of selling a multimillion-dollar Caribbean resort, sparking renewed ethical debates. The property, known as Le Chateau des Palmiers, boasts two villas and five acres of prime beachfront on French St. Martin. This sale raises questions about potential conflicts of interest, as wealthy buyers may seek to gain favor with the administration by...
CARICOM member states have made significant strides in their renewable energy (RE) efforts, achieving a commendable 12% RE electricity penetration by 2022. This progress, while falling short of the original goal of 27%, marks a crucial step in the region's energy transition towards sustainability. This milestone was highlighted during a webinar hosted by The Caribbean Centre for Renewable Energy and...
In a recent interview with Vidwat Keshan, Associate Editor of Travel And Tour World, Cheryl Carter, Chief Operations Officer of Barbados Tourism, shared key insights on the island's evolving strategies to enhance its global tourism appeal. Speaking from the Arabian Travel Market (ATM) 2024, Carter discussed the initiatives that are positioning Barbados as a premier destination for luxury weddings, MICE...
Caribbean Real Estate News: Highlights and Insights Luxury Real Estate Boom: The Caribbean continues to be a hotspot for luxury real estate, with significant projects in the Cayman Islands, Bahamas, and Barbados. The Cayman Islands, known for its favorable tax environment and strong demand for luxury properties, remains resilient despite global economic challenges. The Bahamas is experiencing a shift...