Tourism has been one of the sectors most affected by the COVID-19 pandemic. This once-in-a-century event has generated the worst demand shock in tourism’s recorded history. One year into the pandemic, demand for hotel rooms and cruise trips are yet to recover. In tourism-dependent countries like Barbados, companies are struggling to survive. The … [Read more...] about What’s next for Barbados’ tourism industry?
“I am not closing anything. This is the start. This is the beginning. This is the point from which we move.” These were the words of Caribbean Climate-Smart Accelerator CEO Racquel Moses as she closed the curtain on the first Pivot Event. The two week-long event ended in October with the presentation of nine moonshots for the Caribbean by 2040. The Pivot Event brought … [Read more...] about When the End is just the Beginning: getting the Caribbean to think big
COVID-19 in Barbados is proving to be a perfect example of what Nassim Nicholas Taleb termed a “black swan”. It is a rare event, with an extreme impact and which, in retrospect, could have been predicted. As discussed in our latest Caribbean Quarterly Report July 2020, the pandemic reached Barbados in March 2020 and has since been putting both lives and livelihoods at stake in … [Read more...] about When Facing a Black Swan, Let’s Work Together
I’ve been an avid consumer of Covid-19 news, it’s been fascinating in a number of ways. Especially if you remove yourself from the reality of it, this is quite a historic. When you survey the countries and their responses it makes you realize that situations like these reveal our true character. At the Caribbean Climate-Smart Accelerator, we’ve been talking about building … [Read more...] about 10 Reasons We Believe Post Covid-19 Tourism Can Be Better Than Ever
Participants of the IDB Think-Tank on the regional air transport agenda. An Open skies debate erupted at a Bank sponsored think-tank which brought together aviation leaders from across the Caribbean to brainstorm on the air transport needs to enable deeper regional integration and to inform the Bank’s air transport agenda. … [Read more...] about 3 Ideas that Support Open Skies in the Caribbean