AGP Executive Report
Last update: an hour agoCaribbean Hotel Costs: Jamaican hoteliers and the Caribbean Hotel and Tourism Association are challenging Booking.com’s plan to charge commissions on government taxes, saying the policy could raise costs for hotels across the region. Airport Expansion: Turks and Caicos plans an $80 million airport upgrade, including a new arrivals terminal; a longer-term redevelopment is estimated at $400 million to $500 million. Property Market: TCI real estate sales rose about 54% year-on-year in the third quarter, though year-to-date volume remains 25% below 2025. Hotel Investment: A 50-room Corinthia Turks and Caicos is in planning, with an expected opening in early 2029. Air Links: BermudAir is adding Providenciales to its Fort Lauderdale network, expanding access from a key U.S. gateway. Tourism Workforce: Local hospitality workers, junior chefs and staff from resorts and other businesses took part in service and food-safety training hosted by the TCHTA.
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