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HOW:
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St. Vincent and the Grenadines has launched “LOVE SVG,” a national tourism enhancement initiative that places people, community and country at the center of its development agenda.

Led by the Minister of Tourism, Civil Aviation and Sustainable Development, Dr. Kishore Shallow, the initiative signals a new chapter for tourism in the destination, grounded in national participation and a shared commitment to ensuring that the benefits of tourism reach communities across the country.

Commencing during the off-season period of May to October 2026, LOVE SVG will focus on preparing both the country and its people for the upcoming tourist season through a series of targeted, people-focused interventions. These efforts will span 100 priority projects across natural attractions, heritage and cultural sites, transport and access infrastructure, hospitality services, and community-based tourism initiatives.

In addition to upgrading infrastructure and improving visitor experiences, the program is designed to deepen the connection between tourism and everyday life in St. Vincent and the Grenadines, ensuring that development reflects the identity, culture and aspirations of its people.

“LOVE SVG is about putting people at the heart of tourism development. It is about ensuring that the growth of the sector is felt in our communities, supports our culture, and uplifts the everyday Vincentian. This initiative invites all citizens to play a role in shaping the future of tourism in our country,” Minister Shallow stated.

Expected outcomes include improved tourism infrastructure, enhanced visitor satisfaction, stronger destination branding, and increased economic returns, alongside greater community engagement and participation in the tourism industry.

Barbados has appointed prominent businessman and former national field hockey player Peter Harris as chairman of Barbados Tourism Marketing Inc. as the island posted a solid 3.3% increase in stay-over tourist arrivals for 2025.

Harris, executive chairman of PVH Group Inc., succeeds businesswoman Shelly Williams, who served four years in the role, Tourism and International Transport Minister Ian Gooding-Edghill confirmed in a statement. The appointment is intended to accelerate the island’s tourism growth through expanded airlift and deeper penetration of emerging markets.

“The (new) board reflects a range of skills needed to further advance Barbados’ tourism success,” Gooding-Edghill stated. “The primary purpose of the board is to implement Barbados’ tourism marketing strategies to ensure consistent brand awareness globally and to achieve year-on-year growth in visitor arrivals.”

Harris will be supported by Gayle Talma as deputy chair, Sheldene Matthews-Mottley, Andrea Brome, Carol Roberts-Reifer, Ronnie Carrington, Jo-ann Roett, Patrica Affonso-Dass, Kevyn Yearwood, Nicholas Parker, Paul Collymore, Senator Ryan Forde, Cicely Callender and Permanent Secretary Francine Blackman.

Barbados recorded 727,310 stay-over visitors in 2025, up 3.3% from 2024. The island also welcomed 702,278 cruise passengers, a strong 12.9% increase.

The performance helped contribute to the Caribbean region’s overall 2.5% growth in stop-over arrivals, which reached an estimated 35 million last year. Barbados saw gains from key source markets, including an 8.1% increase from the United States and 3.5% from Canada, although European arrivals fell 3.4%.

A Combermere School alumnus, Harris co-founded CGI Insurance in 1993 and has built the PVH Group into a diversified company with interests in insurance, real estate, tourism, entertainment, media and health care. He is known for business innovations such as roadside assistance programs and remains an active sportsman who represented Barbados in field hockey at both junior and senior levels.

Minister Gooding-Edghill stressed the need to push forward amid global headwinds. “There’s a significant amount of work to be done to accelerate our tourism growth strategy, especially considering the global geopolitical climate,” the minister said. “Our successful airlift strategy will continue to be one of the key pillars central to our tourism growth strategy,” he continued, thanking Williams for her tenure.

India’s hospitality investment market recorded strong growth in 2025, with hotel investments rising 67 per cent year-on-year to approximately USD 567 million across 28 transactions, according to JLL. The increase from USD 340 million in 2024 reflects growing investor confidence in India’s tourism and hospitality infrastructure, supported by demand across both metropolitan and emerging markets.

Institutional capital and private equity firms accounted for the largest share of transaction volumes at 35 per cent , followed by HNIs, family offices and private hotel owners at 27 per cent . Listed hotel companies contributed 25 per cent of activity, while real estate developers and owner-operators accounted for the remaining share.

Tier II and III cities emerged as major growth drivers, capturing nearly 40 per cent of total transaction volume. Markets including Ludhiana, Nashik, Vadodara, Udaipur and Lonavala saw increased activity across upscale and midscale segments, while luxury resort investments remained strong in destinations such as Rishikesh and Goa.

“India’s hotel investment market is reflecting a clear step-up in both investor confidence and market depth, with rising transaction activity supported by a broader mix of institutional and domestic capital. What is particularly encouraging is the continued expansion beyond gateway cities, with Tier II and III markets steadily evolving into more mature, investment-grade destinations backed by improving operating performance and scalability,” said Gaurav Sharma.

Operational hotels accounted for 69 per cent of total transaction volumes, highlighting investor preference for income-generating assets with established operating histories. Luxury hotels led the market with a 42 per cent share of transaction volume, followed closely by upscale properties at 41 per cent .

Branded hotel signings increased 23 per cent year-on-year to 51,647 keys across 424 hotels. Emerging cities accounted for 71 per cent of total branded signings by key count, underlining the continued expansion of organised hospitality beyond traditional gateway cities. Management contracts strengthened their dominance, representing 84 per cent of signings in 2025 compared to 81 per cent in the previous year.

Greenfield development also accelerated, reaching approximately 33,170 keys during the year, a 17 per cent increase over 2024 levels. Large-format hotels with more than 250 keys recorded 29 signings, up from 21 in 2024, with expansion extending beyond metro cities into Guwahati, Visakhapatnam, Indore and Pushkar.

The sector maintained momentum into 2026, with first-quarter transaction volumes reaching approximately USD 185 million, a 58 per cent increase compared to Q1 2025. Notable activity included Warburg Pincus acquiring a 41 per cent stake in Fleur Hotels, a subsidiary of Lemon Tree Hotels, with a USD 107 million commitment towards portfolio expansion.

Government-led infrastructure and land monetisation initiatives are expected to create additional opportunities across strategic micro-markets including Yashobhoomi, Neopolis in Hyderabad, Fintech City in Chennai and Jewar Airport. The FY 2027 tourism-focused budget and ongoing transport infrastructure upgrades are also expected to support future hospitality development and investment activity.

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Adani Airport Holdings Limited (AAHL) and IHG Hotels & Resorts have signed a managed hotel portfolio agreement to develop five properties across airport-linked and high-growth urban destinations in India. The development will add close to 1,500 rooms across multiple brands and locations, aligned with IHG’s expansion strategy in the country.

The portfolio includes the India debut of Kimpton Hotels & Restaurants with a property in Jaipur. Additional hotels under the Holiday Inn and Holiday Inn Express brands will be developed within hospitality-led mixed-use projects linked to Adani Airport cities. These developments are planned across Navi Mumbai, Mangaluru, and Thiruvananthapuram. AAHL is also in advanced discussions with IHG to expand the partnership further.

The agreement marks the entry of Kimpton into India, a brand known for design-led properties and boutique positioning. Its launch reflects growing demand for premium lifestyle hospitality, particularly in urban and airport-centric developments. The expansion comes amid sustained growth in India’s aviation and tourism sectors, where airport-led infrastructure is emerging as a key driver of hospitality demand, supported by rising passenger traffic and business travel.

Pranav Adani, Director, Adani Enterprises Limited, said: “As the Adani Group expands its presence across hospitality and airport-led urban infrastructure, our vision is to create world-class destinations that seamlessly integrate travel, stay and urban experiences around India’s rapidly growing aviation ecosystem. We are building this platform in partnership with leading international hotel brands that bring global standards, operational excellence and scale. Our collaboration with IHG Hotels & Resorts, and the development of five hotels across key gateway destinations, marks an important step in strengthening high-quality hospitality infrastructure aligned with India’s long-term travel and economic growth.”

AAHL continues to position airports as integrated urban ecosystems, combining aviation with hospitality, retail and commercial infrastructure. Its airport city developments span approximately 663 acres across multiple locations, aimed at enhancing passenger experience while supporting long-term urban growth.

Sudeep Jain, Managing Director, South West Asia, IHG Hotels & Resorts, said: “The partnership with Adani Airport Holdings reflects the scale of opportunity we continue to see in India’s hospitality sector, particularly across gateway cities and airport-led developments that are witnessing strong demand from business, leisure and transit travellers alike. With a mix of luxury, premium and essentials brands, this portfolio allows us to meaningfully strengthen our presence across high-growth markets across the country. This agreement also marks an important milestone for us with the introduction of Kimpton Hotels & Restaurants to India.”

IHG Hotels & Resorts currently operates 52 hotels across six brands in India and has a pipeline of 98 additional properties expected to open over the next three to five years.

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