Reuters, the international news service, is reporting that Norwegian Cruise Line Holdings Ltd (NCHL), is in the final stage of negotiations to acquire Prestige Cruise Holdings, parent company of Regent Seven Seas Cruises and Oceania Cruises.

Caribbean hotel occupancy rose by 0.6 percent in July, according to a new report from STR. Occupancy stood at 70.7 percent at the end of the month, a modest increase compared to the same month in 2013. However, Revenues and average daily rates increased. The region’s average daily rate rose by 5.5 percent to $177.36.

The new agreement with the regional carrier means more than 400,000 travel agents connected to the Sabre travel marketplace in more than 130 countries will have real-time access to all interCaribbean Airways' offers.

Leaders of CANATUR sent President Luis Guillermo Solís a letter asking him to block a Finance Ministry decree ordering tourism businesses to change sales tax policies.

Chinese company Yida International Investment Group will invest approximately $1 billion in a mega-resort development on Antigua, to be built on 1,600 acres previously owned by disgraced U.S. financier Allen Stanford.