Caribbean property enters the 2024 holiday season with record tourism bookings, Barbados luxury demand, Cayman residential strength, and Guyana commercial real estate undergoing an oil-fuelled transformation.

Four months after Hurricane Beryl, Caribbean recovery exceeds expectations: Jamaica tourism at 98% of prior year, Grenada rebuilding with CDB aid, and Guyana’s oil output surpasses 600,000 bpd.

Three months after Hurricane Beryl, the Caribbean property market shows resilience: CCRIF pays US$52M to governments, insured losses total US$2.5-3B, and winter tourism bookings track ahead of 2023.

Caribbean investors navigate peak hurricane season post-Beryl while Guyana’s ExxonMobil commits US$4.6B capex, Jamaica property values hold, and the Dominican Republic breaks tourism records.

Our Mid-Year 2024 Six-Month Special Edition reviews Caribbean property and investment from January to July 2024 — covering the post-COVID tourism recovery completing, record hotel investment, Guyana approaching 600k bpd, the peak US rate environment, Caribbean housing supply deficits, Barbados luxury market, Jamaica infrastructure, Dominican Republic construction boom, and CBI demand.

Hurricane Beryl makes historic landfall on Carriacou, Grenada on 1 July 2024 as the earliest Category 5 Atlantic storm on record, devastating the Windward Islands and tracking toward Jamaica.

Q1 2024 Caribbean FDI runs 18% ahead of 2023 as Jamaica’s Caymanas SEZ gains anchor tenants, DR’s Caucedo expands by US$120M, Barbados posts 3.8% growth and luxury villa markets hit record volumes.

Caribbean destinations record their strongest Q1 2024 visitor arrivals ever as hotel investment accelerates across Jamaica, the Dominican Republic and the Eastern Caribbean.

Trinidad Carnival 2024 drew 40,000 international visitors with TT$1.2 billion economic impact as the Caribbean’s February peak tourism season delivered record occupancy across Jamaica, Barbados and St Lucia.

Caribbean tourism surpassed 2019 pre-pandemic records in 2023 as Guyana’s oil production reached 400,000 bpd. As 2024 begins, the region’s property markets balance strong tourism-driven demand against high interest rate headwinds.