Heads Up

Wednesday, August 20, 2014

Foreign operator for Sam Lord’s

"As early as next month Barbadians should know which international hotel chain brand will operate the hotel to be constructed on the former Sam Lord’s Castle property in St Philip.
And according to chief executive officer of the Barbados Investment Inc. (BTI) Stuart Layne, construction of the new hotel on the 58 acres of land should begin by June next year with a targeted completion date of late 2017 or early 2018.
Speaking to members of the media following a walk through of the property today, Layne said when the project commences it should provide jobs for at least 500 Barbadians in the initial phase and up to 1,000 over time. He said over 1,000 “permanent jobs” are expected to be created once the property goes into operation."

Bookmark and Share

Tuesday, June 18, 2013

Horror story beyond your imagination

"LAMENTING THAT BARBADOS’ tourism now seemed “like a horror story that has been just beyond your imagination”,  Opposition Leader Mia Mottley said yesterday it was not beyond Barbados’ capacity to make the industry soar by attracting a million land-based tourists by 2020.
Mottley told the Barbados Hotel and Tourism Association’s (BHTA) annual general meeting yesterday that there could be no economic recovery in Barbados without a tourism turnaround; and if her Barbados Labour Party held the Government, it would bring in a million tourists in seven years instead of only increasing visitors by 5 000 in ten years.
Going back to 2003, she said Barbados had merely moved from 531 211 long-stay visitors to 536 303 in 2012 , while Aruba had in the same period gone from 641 906 to 903 934 visitors – a 300 000 increase.
She said, however, the million-visitor mark could be achieved by increasing the island’s average occupancy from 60 to 85 per cent, while mobilizing capital to facilitate investment and building another 800 rooms by 2017-2018."


Source: Mia sets sights on 1m tourists -- NationNews Barbados:

'via Blog this'
Bookmark and Share

Friday, May 31, 2013

Royal Caribbean Orders Third Quantum Class Ship



 Notwithstanding a disastrous fire at sea earlier this week which left passengers and crew shaken, Royal Caribbean today ordered yet another megaship to take you cruising the oceans:

"Make that three Quantum class ships that are on the way at Royal Caribbean.

The line today announced it had signed a contract with Germany's Meyer Werft shipyard for a third vessel in the much-awaited new series that will begin debuting next year.

"We are encouraged by the very positive response we received from travel agents and consumers when we first announced some of the unprecedented offerings on Quantum class last month," Royal Caribbean president and CEO Adam Goldstein says in a statement accompanying the announcement. "The Quantum class will offer vacationers more unexpected activities in the most extraordinary spaces, and a third ship will offer even more opportunities for vacationers to experience Quantum cruising."

The as-yet-unnamed new ship will join the Royal Caribbean fleet in mid-2016, the line says. The first two vessels in the series, Quantum of the Seas and Anthem of the Seas, are scheduled to debut in fall 2014 and spring 2015, respectively.

As Royal Caribbean announced in April, the 4,180-passenger ships will have a number of innovative new features including giant mechanical arms that transports passengers high above the vessels in glass capsules.

The new order is subject to financing, the line says."

Source: USA Today
Bookmark and Share

Drop In Fly-And-Flop Hurting Land Of The Flying Fish

Mullins Beach - May 2013
"Britons travelling long haul are beginning to forsake traditional seven-night beach holidays in favour of packing different experiences into one trip. That is the conclusion drawn by Hayes and Jarvis in its latest Long Haul Trend Report, which reveals that the destinations making waves in 2013 are ones which lend themselves to a combination of city, beach and culture or heritage tours."

"Sean Dowd, Hayes and Jarvis Head of Commercial, said “While off-the-peg beach packages are still popular – especially four and five-star All Inclusive ones, there is no doubting the steady decline in demand for traditional fly-and-flop beach holidays. In sharp contrast, our multi-centre trip bookings have doubled over the past two years because growing numbers of people are keen to see more of what a country – or a region of the world – has to offer when they travel further afield.  Multi-centre trips now account for over a third of our business and this growth trend is one which we expect to accelerate.”"

"The drop-off in demand experienced by the Maldives has been even more marked in the major Caribbean Islands, continuing a trend first noted by Hayes and Jarvis in its February Trend Report.  Barbados (-51%), and Antigua (-58%) have seen the biggest drops but their pain has been Tobago and the Dominican Republic’s gain..."

Read more: Holidaymakers pack more experiences into one trip as single centre stays decline in favour of multi-centres
Bookmark and Share

Tuesday, March 26, 2013

Weather could prove deadly for thousands more ...

"UK's coldest spring since 1963 claims 5,000 lives: Pensioners worst affected - and experts say final toll could be 'horrendous'2,000 extra deaths registered in just the first two weeks of March And for February, 3,057 extra deaths registered in England and Wales Campaigners warn weather could prove deadly for thousands more..."

Read more: Barbados TravelAdvisor • View topic - Weather could prove deadly for thousands more ...
Bookmark and Share

Sunday, March 3, 2013

Harlequin House Of Cards Tumbling



"A businessman accused of taking £300 million of British investors’ money – and failing  to build thousands of luxury properties – could be forced to stop trading this week.
Former bankrupt David Ames is alleged to have collected millions of pounds for ambitious building projects in the Caribbean and Brazil, but less than 300 properties have so far been built.
Legal papers will be lodged at the High Court in Birmingham on Tuesday to freeze the assets of Harlequin Property and its directors in an attempt to claw back money for worried investors.
It is understood that Her Majesty’s Revenue & Customs’ pensions regulator is also poised to act if a judge’s ruling is made on Friday.
A Mail on Sunday investigation has discovered that Harlequin Property – which has paid tennis star Pat Cash to feature in its promotional material – last month failed to make interest payments to investors who took out loans for deposits.
Now hundreds of financial advisers, who convinced investors to cash in their pensions, have been given just two days by the Financial Services Authority (FSA) to confirm if any of their clients have SIPP investments in the Essex-based firm, and a further three days to provide all details.
SIPPs are a personal pension plan allowing individuals to cash in their pension to invest in schemes such as property abroad." 
 

More...



Read more: http://www.dailymail.co.uk/news/article-2287140/Tycoon-accused-taking-300m-British-investors-faces-freeze-assets-failing-build-luxury-homes.html#ixzz2MWIYuqTv
Bookmark and Share

Monday, December 17, 2012

A Swell Time

See surfing article on Barbados - p.124-132.

Bookmark and Share

Sunday, March 11, 2012

Remembering Japan

TBeck breaking yesterday

As we pause to mark the first anniversary of the devastating earthquake and tsunami which struck the north-eastern coast of Japan, leaving 20,000 dead or missing, here is a prayer that our waves will always be the kind on which our kids love to play.
Bookmark and Share

Saturday, January 14, 2012

REDjet On Life Support



"Regional low-fares airline REDjet has cancelled more than 50 flights amid reports of financial troubles.

But the airline says it is on budget and on track to deliver new routes and services.

REDjet chairman and chief executive Ian Burns, who is currently in Trinidad and Tobago for the opening of two new offices, spoke to the Express yesterday via telephone, saying the current flights in operation put REDjet on budget. "Many of our routes, even though they've only been operational for a short time, are making positive contributions and we've launched service to Antigua, St Lucia and Jamaica," said Burns.

Concern about the company's financial stability arose when an internal memo from the carrier's customer service manager, Roy Norville, was leaked to regional media, stating that 56 flights would be cancelled "for commercial reasons".

The affected flights included stops to Trinidad, Guyana, Jamaica and Barbados.
But Burns said the reasons for the cancellations were to accommodate three new routes, to be launched later this year, and also to improve flight times for consumers.
"Flights are being cancelled but most are being put to a new flight time. Our market research shows that it was inconvenient for people to make it to the airport during high traffic times, especially in Trinidad and Jamaica," Burns said.

He added that the changes will take place from March 1 and will have increased capacity, better flight times and frequency.
Concerns were raised last November about the airline needing a cash injection of Bds$8 million.

Ralph 'Bizzy' Williams, the company's largest Barbados investor, had accused the Barbados government of sabotaging the airline's progress through excessive delays and Bds$8 million which was invested for operating expenses in the initial months of the business had to be used elsewhere.
"Our shareholder was very clear that the (Barbados) government did not keep their commitment to regularising the airline, so why should any REDjet investors invest in the country when the country wasn't holding its end of the bargain. We are satisfied that they will and we continue to roll out our services, but it is imperative that the investment climate that was promised by the government of Barbados is delivered so we can keep investments on course," said Burns."

Source: Trinidad Express

Bookmark and Share

Friday, November 11, 2011

Where in the world is Matt Lauer?

Visit msnbc.com for breaking news, world news, and news about the economy

Bookmark and Share
Related Posts with Thumbnails

BTA - Forum

Barbados - Google News

Caribbean Hurricane Network

VOA News: Americas