Caribbean economic growth
A comprehensive year-end review of Caribbean property and investment in 2018: the region’s remarkable recovery from the 2017 hurricane catastrophe, Barbados’s landmark IMF programme signed in October, Jamaica’s fiscal success story, and the themes that will define 2019.
August 2018: Caribbean hurricane preparedness dominates the agenda as the 2018 season peaks; Barbados IMF talks advance under PM Mottley; the economic recovery trajectory across the region strengthens despite elevated construction costs.
Caribbean summer tourism delivers record-breaking results for unaffected islands as post-Irma visitor diversion continues to benefit Jamaica, Barbados, and the Dominican Republic. Barbados PM Mottley’s two-month-old government accelerates IMF discussions while the construction sector booms across reconstruction territories.
June 2018: Caribbean investment outlook brightens as post-Irma/Maria recovery gathers pace, Barbados welcomes new PM Mia Mottley, Guyana oil excitement builds, and rising US interest rates begin to test Caribbean mortgage markets.
Caribbean investment outlook strengthens as post-Irma and Maria reconstruction drives a regional construction boom. Barbados welcomes its new Mottley government with an ambitious economic reform agenda, while Guyana’s oil development draws global attention.
The Caribbean’s 2017 peak summer season is delivering exceptional results across tourism, property, and investment metrics. The hurricane season remains active with meteorologists closely watching Atlantic development. Jamaica and the DR lead a strong regional property performance as Guyana’s oil transformation deepens.
Caribbean summer 2017 tourism is booming, with June delivering strong occupancy and revenue across major destinations. The hurricane season is active with early named storms tracked. Jamaica’s property market surges and DR construction accelerates as Guyana’s oil story deepens.
The 2017 Atlantic hurricane season opens June 1 with NOAA forecasting an above-normal season. Caribbean hotel development pipeline accelerates, Guyana oil advances, and T&T navigates LNG market headwinds as the region’s property market enters peak summer momentum.
Trump’s presidency begins with executive orders on immigration triggering alarm across Caribbean diaspora communities. Remittance flows face potential disruption as Trinidad Carnival 2017 approaches and Caribbean property markets assess the new US policy environment.
The Caribbean closes 2016 with record tourism arrivals, Matthew’s shadow, and the uncertainties of Trump’s approaching presidency. Our year-end review assesses the region’s property markets and sets out the key themes to watch in 2017.
Donald Trump’s election victory on November 8 sends ripples across the Caribbean as governments assess implications for remittances, diaspora communities, trade, and tourism. Meanwhile Matthew reconstruction proceeds and the holiday season opens with cautious optimism.
Hurricane Matthew devastates Haiti and strikes Jamaica and the Bahamas, leaving a trail of property destruction across the Caribbean. We assess the damage, the reconstruction challenge, and what the approaching US election may mean for the region.
Hurricane Matthew formed on 29 September and is rapidly intensifying toward Category 4–5 strength as this edition goes to press. The storm poses an imminent and severe threat to Haiti, Jamaica, Cuba, and the Bahamas. Caribbean property markets have delivered strong Q3 performance, but the next 72 hours may bring the region’s most serious storm test since Sandy in 2012.
The 2016 Atlantic hurricane season has been quieter than forecast through August, providing relief for Caribbean property and tourism markets. Guyana’s oil investment momentum continues to build post-Payara discovery. Panama Papers regulatory aftershocks continue to reshape Caribbean offshore structures and CBI programmes.
One month after the Brexit vote, Caribbean markets are absorbing the sterling weakness and BOT constitutional uncertainty. ExxonMobil’s Payara discovery in Guyana adds another layer of excitement to the emerging oil economy. Caribbean summer tourism continues to perform strongly despite the global political turbulence.