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Browsing: affordable housing Caribbean
Caribbean Property & Investment Review — November 2009: Holiday Season Caution and Property Bargains
Caribbean tourism operators enter the 2009-10 holiday season with cautious optimism as deep discounting drives bookings, and distressed property creates bargain opportunities for cash buyers.
The Caribbean takes stock of 2009’s tourism collapse and property market distress as global recession shows early green shoots, while H1N1 fears begin to recede.
The Caribbean’s tourism sector takes stock after its worst summer in decades, while below-normal hurricane season activity offers one silver lining amid the ongoing fiscal and health crisis.
The Caribbean weathers its worst summer tourism season in living memory in 2009, with pandemic fears and recession combining to slash visitor numbers and property transaction volumes.
The WHO declares H1N1 a pandemic in June 2009, compounding the Caribbean’s worst tourism crisis in decades and leaving property markets at a near standstill.
Caribbean tourism endures its worst spring in memory as H1N1 escalates globally and the recession keeps visitor numbers sharply below prior-year levels.
Caribbean tourism faces a double crisis in May 2009 as the H1N1 swine flu emergency compounds the worst global recession in decades, freezing property markets across the region.