Tourism Minister Charles Max Fernandez has unveiled ambitious plans to propel Antigua and Barbuda’s tourism industry to new heights.
The minister declared that by the end of 2025, the country aims to add an impressive 1,000 new hotel rooms, attracting a staggering one billion US dollars in fresh investments.
During the parliamentary session, Minister Fernandez provided a breakdown of the substantial investments earmarked for several notable projects.
Among them, the Royalton Chic Jolly Beach expansion, with an investment of 30 million US dollars, is poised to enhance the luxury offerings in the region.
Additionally, the Royalton Chic project, with an investment of 100 million US dollars, is expected to contribute significantly to the tourism landscape.
Other notable projects in the pipeline include the Hermitage Bay Hotel expansion, set to receive a 15 million US dollar investment, and the extravagant Nikki Beach resort with an impressive budget of 250 million US dollars.
The Carile Bay expansion, a venture worth 100 million US dollars, and the Maran Marot Yapton project, also with a 100 million US dollar investment, further underscore the government’s commitment to boosting the nation’s tourism sector.
A highlight of the investment portfolio is the Rosewood Hotels, a well-established brand synonymous with luxury accommodations.
While specific details about the Rosewood project were not disclosed in the minister’s address, its inclusion in the list of investments signals a significant addition to Antigua and Barbuda’s hospitality offerings.
The tourism minister expressed confidence that these strategic investments would not only elevate the nation’s profile as a premier travel destination but also create numerous job opportunities for the local population.
The influx of visitors, coupled with the allure of new and upgraded accommodations, is expected to stimulate economic growth and foster sustainable development in the twin-island nation.
He urged stakeholders to work together to ensure the successful implementation of these projects, fostering an environment that will make Antigua and Barbuda a global tourism hotspot.
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