Saturday, June 23, 2018

CAL poised for longer-haul aircraft, new destinations

The delivery of four 160-seat fuel-efficient Boeing aircraft late next year will at last allow Cayman Airways to consider new routes throughout Canada, the U.S. and potentially South America and Central America.

‘Year for Tourism’ celebrates record prices and rebuilds

The Cayman Islands Tourism Association has declared 2017 “The Year for Tourism,” a declaration that comes in the wake of improving economies in Cayman’s North American markets and a long-awaited recovery at home, boosting arrivals, room inventories, new flights by Southwest Airlines, a new Ministry of Tourism outreach to South America, a residential building boom and plans for at least five new hotels.

Sharks worth more alive than dead

Sharks may get a bad rap, but as top predators, they are vital to ocean ecosystems, keeping them balanced and helping to maintain the health of coral reefs and seagrass beds.

Easing of US-Cuba relations could hit Caribbean tourism

Since the U.S. started loosening Cuba travel restrictions in January 2015, the opening up of Cuba to U.S. tourists spelled potentially bad news for other vacation destinations in the Caribbean.

Tourism looks for big 2016 spend, but sees security concerns

The general mood related to tourism is upbeat and the statistics support it: arrivals are rising, construction is proceeding, employment is set to expand, and while economic recovery feels wobbly, optimism is guarded and hope springs.

Getting there: First steps making Cuba a US tourist destination

The aviation agreement between the governments of the United Sates and Cuba is one step toward a more open tourism market in the island nation.

Optimism over tourism development boom

Developers are confident that the diversity of new hotel projects, in various stages of development, will bring new tourists to the Cayman Islands.

Tangled bankruptcy further delays Bahamas resort

Baha Mar, a planned $3.5 billion tropical symbol of the good life, has devolved amid a tangle of international legal controversy, financial mismanagement and broken pride.

US travel market bullish on Cuba

Pent-up demand in the United States for travel to Cuba is about to be unleashed.

New Chinese mega-resort in Bahamas points way to future

The tourism industry of an island nation near Cuba and only a short flight from the United States is about to make worldwide news with the opening of a $3.5 billion seaside gambling resort ...

 

Falling oil price won’t bring much cheaper travel fares

Whether the lower oil prices will also translate into cheaper air and cruise fares for passengers is far from clear.

Positive trends bring optimism to tourism sector

Monthly air arrivals in 2014 exceeded every corresponding month in 2013.

Delving into the dive industry numbers

Spectacular coral reefs teeming with diverse sea life make the Cayman Islands a mecca for divers. But some wonder whether the industry gets its due when it comes to luring tourists.

Women make headway in maritime industry

As the newest addition to the Women’s International Shipping and Trading Association, the Cayman Islands chapter received a warm welcome at WISTA’s general meeting and conference in Limassol, Cyprus.

Caribbean focus on medical tourism could drive growth

Dr. Chandy Abraham of Health City Cayman Islands was among the speakers at the 2014 World Medical Tourism and Global Healthcare Congress in Washington, D.C., last month.

New moves to involve Caymanians in tourism

As the tourism industry goes from strength to strength, new moves are taking place to ensure Caymanians share the success.

Cruising to Cayman: Making way for super ships

 The Cayman Islands and the Caribbean cruise industry have enjoyed a mutually beneficial relationship for many years. Currently, three business-related themes are converging that could strengthen this alliance substantially in the coming years: 

 

Fitness competition hopes build on Cayman sports tourism

In recent years, Cayman has worked hard as a jurisdiction to attract world-class sporting events to the island. Now a brother and sister team are trying to get Cayman on the map as a bodybuilding/fitness mecca for tourism.

 

On course with cruise ship stocks

The popularity of cruise holidays is growing worldwide. With new ships adding capacity, certain cruise line stocks may nevertheless offer investment opportunities.

Business targets lionfish invasion

A Chicago couple are launching the Caribbean’s first commercial fishery targeting lionfish – a venture that, if successful, could turn the tide in the Atlantic-wide battle against the voracious, invasive predator.
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