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Originally Posted by *********
Hi anybody else any good news about new developments within the caribbean?.
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Established and Growing Tourist Industry - Barbados has seen a huge increase in visitors to the island, from 17,829 in 1956 to 507,086 in 2001. Visitor expenditure in 2001 was estimated at Bds.$1.4 billion, which represents 14% of Gross Domestic Product. Travel and tourism is expected to grow by 4.6% per annum, in real terms, between 2002 and 2012. The travel and tourism economic contribution should rise from 37.4% to 43.8% during the same period. All this means that for an investor in the tourist sector is that you will be putting your money into a destination that is well established and still growing - this offers security in the knowledge that Barbados is viewed by many people as the ´safest bet´in the Caribbean in terms of capital growth. Barbados as far as I am aware, has never suffered from a property recession and property prices have increased steadily for the past 50 years, an impressive record, continued demand and limited supply will also ensure it continues for many years to come.
Currently I have very interesting and profitable 'Off plan' development a Spa and Beach Resort due for completion in 2010. Really is something special.
Contact me for further details.