Sandals Resorts International (SRI) announces expansion plans for Sandals Barbados, which opened in the St. Lawrence Gap area on January 28, 2015. According to CEO Adam Stewart, plans to expand the resort were accelerated only six months after opening when positive reviews increased demand for the Barbados all-inclusive resort.
The Caribbean hospitality industry has experienced growth with the re-emergence of all-inclusive hotels and vacation clubs. As operating performances continue to strengthen, more hotel financing opportunities are vailable for the future.
Among the regions key markets, Central Mexico (3,408 rooms) reported the largest number of rooms under construction, followed by Yucatán Peninsula, Mexico (2,701 rooms).
The just completed successful Caribbean Hospitality Industry Exchange Forum (CHIEF) taking place in Puerto Rico has emerged as a milestone setting the tone for a new era for the Caribbean Hotel & Tourism Association (CHTA), according the CHTA President Emil Lee.
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