AGP Executive Report

Air Connectivity: BermudAir has begun three weekly nonstop flights between Fort Lauderdale and Providenciales, running through May 3, 2027. The new route adds a direct option for visitors and business travellers. Hotel Development: A planned Corinthia Turks and Caicos is among four upcoming hotel projects highlighted across the Americas. The 50-room property is in planning, with a target opening in early 2029. Real Estate: Island sales volume jumped about 54% year over year in the third quarter, making it the strongest quarter of 2026 so far. Year-to-date sales reached $310.6 million across 255 transactions, though volume remained about 25% below the same period in 2025. Tourism Workforce: Local hospitality workers, managers and junior chefs took part in customer-service, leadership and food-safety training delivered through a regional foundation partnership hosted by the TCHTA. Immigration and Business: The new Immigration Bill introduces a two-stage route to permanent residence that could extend the usual timeline to about 20 years, a change with potential implications for employers and foreign workers.

Air Connectivity: BermudAir began three-times-weekly Fort Lauderdale–Providenciales flights on Oct. 26, with service scheduled through May 3, 2027. Southwest is also adding nonstop Caribbean routes that include Providenciales, widening access for visitors. Hotel Development: Corinthia Turks and Caicos is in planning for a 50-room, four-star property targeted to open in early 2029. Janu also lists Turks and Caicos among its planned destinations, signalling further interest in the islands’ hospitality market. Real Estate: Third-quarter sales volume rose about 54% year over year, turning the traditionally slow quarter into 2026’s strongest so far. Year-to-date sales reached about $310.6 million across 255 transactions, though volume remains 25% below the same period last year. Tourism Workforce: Industry professionals from resorts, car rental, retail and other local businesses took part in TCHTA-hosted service and food-safety training. Immigration: Parliament passed a new immigration law that could extend the usual path to permanent residence to about 20 years, a change with potential implications for employers and workers.

Property Market: Turks and Caicos real estate sales volume jumped about 54% year over year in Q3 2026, though year-to-date volume remained roughly 25% below 2025. Hotel Development: A planned 50-room Corinthia property is among four upcoming hotel projects highlighted across the Americas, with a projected opening in early 2029. Workforce Training: Local tourism and hospitality staff took part in customer-service and food-safety training run by the TCHTA with regional partners. Shipping: Trailer Bridge named Charles Gittens CEO, effective Nov. 2; he brings more than 30 years of transport and logistics experience, including oversight of King Ocean Services’ Turks and Caicos trade. Air Connectivity: BermudAir began thrice-weekly nonstop Fort Lauderdale–Providenciales service on Oct. 26, adding a new link through May 3, 2027. Immigration Rules: The new Immigration Act introduces stricter work-permit requirements and a longer route to permanent residence, changes with potential implications for employers and workers across the Islands.

Property Market: Turks and Caicos real estate sales jumped about 54% in the third quarter compared with a year earlier, although year-to-date volume remains 25% lower. Tourism Investment: Corinthia Turks and Caicos is in planning for a 50-room hotel expected to open in early 2029. Janu also lists Turks and Caicos among destinations for a future project. Air Connectivity: BermudAir began three weekly nonstop flights between Fort Lauderdale and Providenciales on October 26, running through May 3, 2027, and offering a new option for visitors and business travellers. Hospitality Workforce: TCHTA-hosted training brought hotel, rental, retail and villa staff together for service workshops, with food-safety preparation for resort and high-school teams. Business Environment: The new Immigration Act reshapes work-permit rules and could extend the usual route to permanent residence to about 20 years, a change employers and foreign workers will need to navigate.

Air Connectivity: BermudAir began nonstop Fort Lauderdale–Providenciales flights on Oct. 26, with three weekly services scheduled through May 3, 2027, adding a new link for visitors and business travellers. Property Market: Turks and Caicos real estate sales volume rose about 54% year over year in Q3, though year-to-date sales remain 25% below 2025. Tourism Investment: The hotel pipeline includes a planned 50-room Corinthia Turks and Caicos, targeting a 2029 opening; Janu also lists Turks and Caicos among its future projects. Workforce Development: TCHTA-hosted workshops trained tourism staff in service and food safety, with support for junior chefs and workers from resorts, schools and local businesses. Business Conditions: The new Immigration Act extends the typical path to permanent residence to about 20 years, a change with potential implications for employers and foreign workers. Shipping: Trailer Bridge’s incoming CEO, Charles Gittens, brings Caribbean transport experience, including oversight of trade operations in Turks and Caicos.

Air Connectivity: BermudAir has launched three weekly nonstop flights between Fort Lauderdale and Providenciales, adding service through May 3, 2027, and giving business and leisure travellers another direct link to South Florida. Hospitality Investment: Andaz Turks & Caicos has revealed designs for its 132-key Grace Bay resort, including 73 branded residences, ahead of a planned spring 2027 opening. Corinthia Turks and Caicos is also in planning, with 50 rooms targeted for 2029. Property Market: TCI real estate sales volume rose about 54% year over year in the third quarter, making it the strongest quarter of 2026 so far; year-to-date sales reached $310.6 million across 255 transactions. Tourism Workforce: Industry workshops hosted by the TCHTA brought service training to staff from resorts, local businesses and a villa operator, alongside food-safety training for hospitality workers. Shipping Leadership: Trailer Bridge named Charles Gittens CEO, effective November 2. He previously led Caribbean trade operations for King Ocean Services, including in the Turks and Caicos.

Air Connectivity: BermudAir has begun three weekly nonstop flights between Fort Lauderdale and Providenciales, adding capacity through May 3, 2027. Hotel Investment: The planned 50-room Corinthia Turks and Caicos is targeting a 2029 opening, while Andaz Turks & Caicos is set to open on Grace Bay in spring 2027 with 132 rooms and residences. Property Market: TCI real estate sales volume rose about 54% year over year in Q3, the market’s strongest quarter of 2026; year-to-date sales totalled $310.6 million across 255 transactions. Tourism Workforce: Local hospitality and heavy-equipment staff took part in service and food-safety training hosted by TCHTA with regional foundations. Shipping: Trailer Bridge named Charles Gittens CEO; he previously led Caribbean trade operations covering the Turks and Caicos. Immigration: The new law reshapes work-permit rules and could extend the usual path to permanent residence to about 20 years, changes with potential implications for employers and workers.

Tourism Workforce: TCHTA hosted Caribbean Supercharged service and leadership workshops for resort staff, junior chefs and local businesses. A separate HACCP training day supported food-safety skills across seven resorts and two high schools. Air Connectivity: BermudAir has begun three weekly nonstop flights between Fort Lauderdale and Providenciales, operating through May 3, 2027. The route adds a new option for visitors and business travellers ahead of the winter season. Immigration Reform: Parliament passed the Immigration Bill 2026, which introduces stricter work-permit rules and could extend the usual path to permanent residence to about 20 years—changes with implications for employers and workers. Hotel Investment: Andaz Turks & Caicos has revealed its first interior designs ahead of a planned Spring 2027 opening. The Grace Bay resort will include 132 hotel rooms and residences, restaurants, a spa and event space. Agriculture & Technology: TCICC won international recognition for an Island Smart Utility Platform that combines automation and affordable sensors to support sustainable agriculture and hands-on student training.

Air Connectivity: BermudAir began thrice-weekly Fort Lauderdale–Providenciales flights on October 26, running through May 3, 2027. Southwest’s planned route expansion also includes nonstop service to Providenciales, adding another U.S. connection. Tourism Investment: Andaz Turks & Caicos is set to open on Grace Bay in spring 2027 as Hyatt’s first TCI hotel, with 132 rooms and residences. Corinthia also plans a 50-suite hotel and branded residences on Grace Bay’s last undeveloped beachfront parcel. Immigration & Labour: Parliament passed the Immigration Bill 2026, bringing tighter work-permit rules and a new two-stage residency path that could extend the usual route to permanent residence to about 20 years. Skills & Innovation: Turks and Caicos Islands Community College won an international award for its Island Smart Utility Platform, which applies automation to sustainable agriculture and gives students hands-on technical experience. Local Enterprise: Beaches Turks and Caicos is supporting craft vendors and transport operators with year-round business opportunities and training, including during the off-season.

Air Connectivity: BermudAir has begun thrice-weekly Fort Lauderdale–Providenciales flights, running through May 3, 2027. Southwest also plans 11 new international routes, including nonstop service to Providenciales. Maritime Logistics: Trailer Bridge has appointed Charles Gittens CEO, effective November 2. He brings more than 30 years in transport and logistics, including senior roles serving Turks and Caicos and the wider Caribbean. Workforce Rules: Parliament has passed a new Immigration Bill that could extend the usual path to permanent residence from 10 to about 20 years, with potential implications for employers and workers. Tourism Investment: Andaz Turks & Caicos is set to open on Grace Bay in spring 2027, while Corinthia plans a 50-suite hotel and branded residences on the beach. Local Innovation: Turks and Caicos Community College won international recognition for a smart utility project using automation to support sustainable agriculture.

Air Connectivity: BermudAir has begun three-times-weekly nonstop flights between Fort Lauderdale and Providenciales, running through May 3, 2027. The new route is aimed at leisure and business travelers, with the schedule allowing potential same-day returns. Immigration Reform: Parliament has passed the Immigration Bill 2026, replacing the existing law. The new rules could extend the usual path to permanent residence from 10 to about 20 years, with tighter work-permit and border controls affecting the island’s workforce. Tourism Investment: Andaz Turks & Caicos has revealed designs for its 132-room Grace Bay resort, planned to open in spring 2027. Corinthia has also announced a luxury hotel and branded-residences project on Grace Bay’s last undeveloped beachfront parcel. Local Business: Beaches Turks & Caicos is continuing training and sales opportunities for local craft vendors and transport operators, including during the off-season. Skills and Technology: Turks and Caicos Islands Community College won international recognition for a smart utility project combining automation and affordable sensors to support sustainable agriculture and student training.

Air Connectivity: BermudAir launched nonstop Fort Lauderdale–Providenciales flights on October 26, operating three times weekly through May 3, 2027. The schedule could also support same-day business trips. Hotel Development: Andaz Turks & Caicos has revealed its design ahead of a planned Spring 2027 opening. The 132-key resort will be Hyatt’s first property in the Islands. Separately, Corinthia plans a 50-suite hotel and branded residences on Grace Bay. Tourism Supply Chain: Beaches Turks & Caicos is continuing year-round support for local craft vendors and transport operators, including training in customer service, product display and digital marketing. Local Innovation: Turks and Caicos Islands Community College won international recognition for a project combining automation technology and affordable microcontrollers to support sustainable agriculture and hands-on student training.

Air Connectivity: BermudAir began nonstop Fort Lauderdale–Providenciales flights on October 26, operating Mondays, Wednesdays and Fridays through May 3, 2027. The schedule adds a new option for visitors and business travellers, including potential same-day trips. Hotel Investment: Andaz Turks & Caicos has revealed its design ahead of a planned Spring 2027 opening. The 132-key Grace Bay resort will include hotel rooms, residences, dining and wellness facilities. Corinthia Group is also planning a 50-suite hotel and branded residences on Grace Bay’s last undeveloped beachfront parcel. Local Business: Beaches Turks & Caicos is continuing to support craft vendors and transport operators in the quieter season, with training and opportunities to reach resort guests. Innovation: Turks and Caicos Islands Community College won international recognition for a smart utility project using automation to support sustainable agriculture and hands-on student learning. Tourism: The islands were named the Caribbean’s Leading Beach Destination at the 2026 World Travel Awards. Public Finance: The National Insurance Board has completed the first stage of its transition to international public-sector accounting standards, ahead of the government’s 2030 target.

Air Connectivity: BermudAir launched nonstop Fort Lauderdale–Providenciales flights on October 26, operating three times a week through May 3, 2027. The schedule may also support same-day business trips. Hotel Investment: Andaz Turks & Caicos has revealed a first look at its 132-room and residence resort, set to open on Grace Bay in spring 2027. Corinthia is also planning a 50-suite hotel and serviced residences on Grace Bay’s last undeveloped beachfront parcel. Local Tourism Businesses: Beaches Turks & Caicos says it is continuing vendor and transport-operator partnerships through the off-season, with training and opportunities to reach resort guests. Innovation and Skills: TCICC won an international award for a project combining automation and affordable devices to support sustainable agriculture and student training. Tourism Profile: Turks and Caicos was named the Caribbean’s Leading Beach Destination at the 2026 World Travel Awards. Investment Promotion: Invest TCI used the Caribbean Investment Forum in Barbados to build regional investor connections and promote opportunities in the islands.

Air Links: BermudAir launched three weekly nonstop flights between Fort Lauderdale and Providenciales on October 26, with schedules suited to business travellers. Hotel Investment: Andaz Turks & Caicos has revealed designs for its 132-room and residence resort, due to open in spring 2027 as the first Hyatt in the Islands. Corinthia is also planning a 50-suite hotel and branded residences on Grace Bay’s last undeveloped beachfront parcel. Tourism: The Islands won the Caribbean’s Leading Beach Destination title at the 2026 World Travel Awards. Beaches Turks & Caicos is sustaining ties with local craft vendors and transport operators through the quieter season. Innovation: TCICC won international recognition for a smart utility project that combines automation and affordable sensors to support sustainable agriculture. Infrastructure: Cabinet approved a Caribbean Development Bank appraisal for a proposed coastal protection project; costs, locations and timing have not yet been announced.

Air Connectivity: BermudAir is scheduled to launch three weekly nonstop flights between Fort Lauderdale and Providenciales on October 26, adding a new route for visitors and business travellers. Hotel Investment: Andaz Turks & Caicos has revealed its design ahead of a Spring 2027 opening. The 132-key Grace Bay resort will be Hyatt’s first property in the Islands. Corinthia is also planning a 50-suite hotel and branded residences on a remaining undeveloped stretch of Grace Bay. Local Tourism Businesses: Beaches Turks & Caicos says it is maintaining support for craft vendors and transport operators in the off-season, including training and opportunities to reach resort guests. Technology and Agriculture: TCICC won international recognition for an Island Smart Utility Platform that combines automation and affordable devices to support sustainable agriculture and student training. Investment and Resilience: Invest TCI promoted local opportunities at the Caribbean Investment Forum in Barbados, while Cabinet approved a Caribbean Development Bank appraisal for a proposed coastal protection project.