barbados business

Barbados News – Fenty Beauty Debuts in Bridgetown with Exclusive Avolta Partnership

Avolta has officially launched Rihanna’s celebrated beauty lines—Fenty Beauty, Fenty Skin, and Fenty Eau De Parfum—in Bridgetown, Barbados, bringing the internationally acclaimed brand to the singer’s hometown. Avolta will open two Fenty outlets in Barbados: one at its flagship location on Broad Street and another at Sunset Mall along the island’s west coast. Shoppers will soon have access to...

Barbados News – Real Estate Sector to Benefit from Renewed U.S. Partnership

In a significant development for the Barbados real estate sector, the Barbados Estate Agents & Valuers Association Inc. (BEAVA) and Florida Realtors have renewed their joint memorandum of understanding (MoU) at a ceremony held at Sandy Lane. This renewed partnership is set to open new doors for international business opportunities, offering a boost to the local real estate market by expanding its...

Caribbean News – IMF Reforms Set to Enhance Financial Support for Regional Economies

Caribbean Community (CARICOM) countries stand to benefit from a newly approved set of reforms by the International Monetary Fund (IMF) that could enhance concessional lending to low-income nations. The IMF’s decision, announced on Monday, aims to preserve the financial institution’s ability to provide long-term support to low-income countries (LICs) while addressing global economic...

Caribbean News – Caribbean Tourism Leaders Recognized at the 2024 CMEx Awards

The Caribbean Media Exchange (CMEx) will celebrate an esteemed group of travel and tourism leaders at the 2024 Caribbean Media Exchange Leadership Awards. Scheduled for Sunday, December 8, 2024, in Miami, this prestigious event will bring together top executives from sectors including airlines, hotels, cruise lines, and the shipping industry to recognize their significant contributions to Caribbean...

Barbados News – Hyatt Hotel Project Set to Create 1,500 Jobs

The long-awaited Hyatt hotel development on The City’s historic waterfront is slated to commence in January, creating 1,500 jobs and providing a significant boost to the local construction industry. This was announced by developer Mark Maloney during the groundbreaking ceremony for the WestBeach Barbados project last Friday. The Hyatt Ziva all-inclusive hotel, which will extend from the Pierhead...

Barbados News – Delta Increases Airlift to Meet Rising U.S. Demand

Barbados is reaping the rewards of recent discussions with Delta Air Lines, as the carrier has announced an increase in airlift for summer 2025. Starting from May 7, 2025, through September 7, 2025, Delta will operate daily non-stop flights from Hartsfield-Jackson Atlanta International Airport to Grantley Adams International Airport. Minister of Tourism and International Transport Ian Gooding-Edghill...

Caribbean News – Private Equity Investments Surge in the Caribbean Hotel Market

Private equity investment (PEI) is fueling a new wave of development in the Caribbean's hospitality industry, creating exciting opportunities for investors and entrepreneurs alike. With its thriving tourism sector, the Caribbean continues to attract international firms seeking to invest in luxury hotel projects. A prime example of this is Rosewood Hotels & Resorts’ recent announcement of a 124-acre...

Barbados News – Canada and Barbados Strengthen Ties with Renewed Focus on Cooperation

The newly appointed Canadian High Commissioner to Barbados, Her Excellency Brenda Hope-Wills, has expressed her commitment to strengthening the long-standing relationship between the two nations and exploring new avenues for collaboration. During a recent courtesy visit with Prime Minister Mia Amor Mottley at government headquarters, High Commissioner Hope-Wills affirmed her intention to build on the...

Caribbean News – Eastern Caribbean to Host Blue Economy Investment Forum

Investors looking to expand their portfolios into sustainable sectors should take note of the upcoming Eastern Caribbean Blue Economy Virtual Investment Forum. Under the theme, “The Blue Economy: A Wealth of Opportunities in Grenada, Saint Lucia, and Saint Vincent and the Grenadines,” this event is scheduled for November 26, 2024. It aims to establish the Eastern Caribbean as a premier destination for...

Barbados News – Barbados Expands Global Connectivity with Qatar Air Services Agreement

Barbados and Qatar have taken a significant step toward strengthening bilateral relations by signing an Air Services Agreement (ASA), allowing designated airlines from both countries the flexibility to operate without directional or geographical restrictions. The agreement is expected to foster cooperation in various sectors, including tourism, education, and trade. In addition to boosting air...

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