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July 18, 2023
Australian shares are set to open up as Wall Street shrugged off mixed US economic data and instead looked to positive earnings from the big banks.
January 30, 2023
When Barbados hosts the 41st annual Caribbean Hotel and Tourism Association (CHTA) Caribbean Travel Marketplace this May, the first time in CHTA’s history, the
December 21, 2022
With tourism summer bookings for 2023 not looking bright, the Barbados Hotel and Tourism Association (BHTA) has embarked on a sales campaign to attract visitors to the island.This was revealed in the BHTA’s CEO Report which was presented during the association’s fourth quarterly meeting.Outgoing chief executive officer Geoffrey Roach predicted that summer arrivals would not return to pre-pandemic levels until 2024.However, he expects strong bookings for the winter season, with occupancy leve...
December 20, 2022
Geoffrey Roach is stepping down as chief executive officer of the Barbados Hotel and Tourism Association (BHTA). Roach made the announcement during the BHTA fourth quarterly general meeting held on December 14. A former chairman of the BH
October 22, 2022
Government and players in the island’s transportation sector have agreed on a path forward that will see more regulations coming to the industry.This was revealed during a Memorandum of Understanding (MOU) Compact signing for the Future of Public Transportation in Barbados between Government entities and several private organisations representing public service vehicle (PSV) owners and operators.Speaking at the event which took place at the Barbados Water Authority’s Pine, St Michael, headqu...
October 21, 2022
The political and economic chaos in the United Kingdom, one of this country’s main tourism markets, is unlikely to negatively affect travel to Barbados this winter season, a local political economist has said. At the same time, Professor Don Marshall, the Director of the Sir Arthur Lewis Institute of Social and Economic Studies (SALISES), said it could be a different story for the next summer season. “We have to watch for runaway inflation because the middle-class British consumer coming t...
October 11, 2022
Discussions between the Barbados Hotel and Tourism Association (BHTA), airlines and other tourism interests at the recent Caribbean Travel Marketplace (CTM) are likely to result in benefits for the industry here in the upcoming winter season and beyond, a senior BHTA official has disclosed.Although keeping the details close to his chest, the association’s chief executive officer Geoffrey Roach told Barbados TODAY that this year’s Caribbean Hotel and Tourism Association (CHTA)-organised CTM...
October 4, 2022
One of the oldest calls from businesses in the tourism industry could soon be answered if all goes according to plan for a programme that will make it easier for them to access concessions.Representatives of the Barbados Hotel and Tourism Association (BHTA) have started discussions with the Mia Mottley administration to implement a trusted trader programme that would see tourism industry operators being able to finally access concessions under the Tourism Development (Amendment) Act (TDAA) as in...
September 30, 2022
Sixteen Barbados Hotel and Tourism Association (BHTA) awards will be up for grabs this year at the Association’s 70th Anniversary Tourism Gala on Friday, December 9. The biennial awards ceremony, customarily held at the end of the two-year
September 29, 2022
The adage that there are only two constants in life – death and taxes, is proving true in this post COVID-19 landscape. Managing a business, a household, or a country is an increasingly difficult task and riddled with a growing number of challenges.At the micro level, many households were forced to tap into their rainy day savings as sudden and pervasive job losses became a feature of the period. For government, the pandemic resulted in significant, unplanned expenditure and borrowing.Barbados...