A transformative new $1.3 billion hospitality and real estate project is taking shape in Saint Lucia, setting the stage for the island’s largest tourism development to date. The multi-phase A’ila Resorts project, located at Mount Pimard in Rodney Bay, is already under construction and advancing ahead of schedule. Unveiled at the Caribbean Investment Summit in Antigua, the development represents a...
Prime Minister Mia Mottley is calling for deeper transport connections between Barbados, Latin America, and the wider Caribbean to strengthen trade, tourism, and regional influence. Speaking at the unveiling of interCaribbean Airways’ new aircraft, Spirit of Barbados (VQ-TBB), at Grantley Adams International Airport on Tuesday, Mottley described the moment as one of national pride but also a chance...
Barbados Port Inc. (BPI) has taken a major step toward deepening regional trade and collaboration by signing a memorandum of understanding (MoU) with the Panama Maritime Authority. The agreement, finalized last Friday, is designed to expand commercial linkages, promote sustainable maritime practices, and unlock new opportunities for mutual economic growth. The MoU creates a framework that positions...
The world of ultra-luxury, small-ship cruising is welcoming a new icon. Following in the wake of Ritz-Carlton and Four Seasons, Orient Express is preparing to make its mark on the seas with the debut of its first ultra-luxury yacht. Starting next year, the legendary brand will launch the Orient Express Corinthian, which it calls the “world’s largest luxury sailing yacht.” The vessel’s inaugural...
Sagicor Financial Company Ltd has reported significant gains in revenue and investment income from its insurance business in Barbados for the first half of 2025. According to the company’s unaudited condensed financial statements for the six months ending June 30, Sagicor Life Barbados recorded insurance revenue of $130.6 million, up from $124.8 million in the same period last year. For the second...
Banks Holdings Limited (BHL), one of Barbados’ leading beverage conglomerates, has officially joined the Coca-Cola family following a US$186 million acquisition involving multiple Caribbean companies. On August 1, BHL chairman Luis Alvarez and country manager Shafia London confirmed that Coca-Cola’s KOSCAB Holdings Ltd acquired majority ownership of SLU Beverages Ltd on July 31. SLU Beverages,...
Four Seasons is taking its Caribbean footprint to new heights with the launch of The Private Estates at Four Seasons Resort and Residences Caye Chapel in Belize — an exclusive new collection of oceanfront homes designed for privacy, panoramic views, and the ultimate in luxury island living. This second phase follows the sell-out success of the resort’s initial residences, responding to strong...
Barbados attracted $367.3 million in foreign direct investment (FDI) in the first half of 2025 — a sharp increase of $109.9 million compared to the same period last year, according to the Central Bank of Barbados. The figure surpasses the $257.4 million recorded in the first half of 2024 and puts the country well on track to exceed the $523 million total for all of last year. Central Bank Governor Dr...
Puerto Rico is set to breathe new life into one of its most celebrated hospitality landmarks with a $35 million restoration of the historic Hotel Ponce Intercontinental. When complete, the property will reopen under Marriott’s Tribute Portfolio brand as The Continental Hotel, blending preserved tropical modernist architecture with fresh, contemporary amenities. The revitalized hotel will feature 148...
The sixth UK Inward Investment Mission to Barbados is set for November 10–14, 2025, offering a platform for business leaders from England, Scotland, and Northern Ireland to explore opportunities for collaboration and expansion. Organised by Invest Barbados in partnership with UK stakeholders, the mission will feature both new and returning entrepreneurs eager to strengthen bilateral investment ties and...