Caribbean property markets head into year-end with luxury segments performing strongly across Barbados, Cayman and Jamaica, while Christmas tourism bookings run 10-15 percent ahead of 2022 as housing affordability pressures intensify.

The 2023 Atlantic hurricane season, featuring Category 5 Lee and Tammy’s Leeward Islands impacts, approaches its close as Caribbean property insurance costs rise 15-25 percent and winter tourism forward bookings signal a record season.

Caribbean tourism set Q3 2023 records across all major destinations with the Dominican Republic on track for 9 million annual arrivals, as FDI into regional hotel and resort development reached US$3.2 billion in commitments through September.

Guyana’s oil output surpasses 350,000 barrels per day as Barbados champions the Bridgetown Initiative for climate finance and the Caribbean Development Bank approves US$120 million in green energy financing for six member countries.

Caribbean hotel investment commitments reached US$2.1 billion through May 2023 as St Kitts CBI records its strongest application month, Grenada advances three resort construction sites, and the 2023 Atlantic hurricane season opens with an above-normal NOAA forecast.

Caribbean inflation moderates from 2022 peaks as Jamaica BOJ holds rates, IDB commits US$200M to regional affordable housing, and construction costs begin to ease across the region.

IDB and CDB commit over US$400M to Caribbean infrastructure and housing as post-Hurricane Fiona reconstruction accelerates and Suriname’s IMF programme reaches a key milestone.

Trinidad Carnival 2023 returns in full force with 40,000 international visitors as Caribbean tourism surpasses pre-pandemic benchmarks across Jamaica, Barbados, St Lucia and the wider region.

A comprehensive review of 2022’s defining events for Caribbean property and investment: the Russia-Ukraine inflation shock, Hurricane Fiona, tourism’s dramatic recovery and Guyana’s oil boom, with a 2023 outlook.

Caribbean tourism enters the 2022 holiday season at record booking pace as Jamaica, Barbados and Dominican Republic report peak-season demand while post-Hurricane Fiona reconstruction gains ground.