This positive momentum has been felt throughout the US airline industry, with many announcing new routes to meet the growing demand. Major US airlines will be adding flights.

The Bahamas is one of three priority cruise destinations invited by Royal Caribbean Cruises Ltd., (RCL) to receive a matching grant to participate in the Sustainable Destination Alliance for the Americas (SDAA) initiative.

Major Chinese OTA Ctrip.com is buying over Royal Caribbean Cruises' Celebrity Century, and the two companies will set up a joint venture company to manage the ship. Royal Caribbean's statement said the sale will result in a non-cash loss of US$20 million.

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.

Back to top