Welcome to Your Caribbean PropertyCaribbean Investment Property and Real Estate The Caribbean property market is one that has enjoyed the benefits of large growth year on year for decades. Boasting many islands in Ernst & Young's top investment list and recommended by the world bank as a good place to invest there are few places in the world with such prestigious and more luxurious names and images behind it than the Caribbean investment property market.
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Caribbean Investment Property and Real Estate Caribbean Tourism Many Caribbean islands offer a diversity of landscapes in a small area. The Caribbean is fairly free of diseases and pests, and European and North American visitors can speak their own language. The common languages that European and North American tourists can speak in the Caribbean are English, French, Dutch, or Spanish. When a tourist travels to the Caribbean, they experience pristine coral reefs with tropical fish, fruit stands displaying colourful papaya and mangos, people playing golf beneath the blue skies, sailboats skimming over azure blue waters, and couples walking hand in hand on the beach at sunset. Many governments in the Caribbean welcomed tourists with open arms because it was thought that tourism would boost their economies. Caribbean islands now depend on tourism for their economy, often being referred to as “the engine of their growth”. Tourism has also benefited farmers, fishermen, and merchants because they must grow and supply more fish, meat, poultry, eggs, vegetables, and fruit to feed the large number of visitors. These individuals will be making money off their supplies. Tourism is a huge contributor to the economies of all caribbean countries and the biggest contributor to many of them such as Antigua and Barbuda, Bahamas and the Virgin Islands.History of Tourism in the Caribbean The Bath Hotel, on the island of Nevis, was the first official hotel to open in the Caribbean.The nearby hot springs, with their rumoured health benefits, were an obvious lure. The inviting climate of the Caribbean brought more tourists to the region in the 19th century. Some tourists preferred to admire the tropical sea away from the water’s edge. Early tourists did not care for the beaches. The early seaside resorts developed for tourists were primarily for health benefits. Taking a dip in the sea was salubrious and prescribed as general pick-me-ups and for serious medical conditions. The island of Barbados was a health resort. |
   The early tourists were wealthy people who had plenty of time to travel, because the cost and length of the sea voyage to get to the destinations meant that only the well-off could travel. Only individuals that had a lot of time to travel would go to the Caribbean since they stayed for substantial periods of time, weeks, or even months. During the 19th century, the tourism season consisted of the winter months.
American tourists at the end of the 19th century traveled mostly to the Bahamas and Cuba, staying close to the Florida coast. Some of the first hotels include: The Bath Hotel in Nevis, that opened in 1778. The Royal Victorian Hotel in the Bahamas that opened in 1861. Crane Beach in Barbados opened in 1887, while in Jamaica, the Titchfield Hotel opened. Tourism brought the introduction of regular non-stop international airplane flights in the 1960’s. This founded a less exclusive form of tourism, alongside the luxury market, which remains in the present day. After the introduction of the international airplane services, multinational organizations such as hotel chains and tour operators began to show serious interest in the region. Mass tourism became significant beginning in the 1980’s. Today, millions of tourists vacation in the Caribbean annually. Whether it is by plane or cruise, there is no decline in sight for tourism in the Caribbean. Even hurricanes and a series of recessions in the Western world appeared only to cause temporary blips on Caribbean tourism’s ever-rising growth rate. Source: Wikipedia (to read more click here) |
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