KINGSTOWN, St. Vincent, CMC -The St. Vincent and the Grenadines Tourism Authority (SVGTA) says it welcomes the announcement by the federal government that it’s dedicated to spending an estimated US$20 million upgrading and creating new tourism websites throughout the Island.
Tourism, Civil Aviation, Sustainable Growth, and Tradition Minister, Carlos James, in his State of the Tourism Business Deal with and Stakeholders’ Convention earlier this week, additionally introduced that 4 new resort tasks ought to be accomplished over the subsequent three years as a part of a big growth of the nation’s resort room inventory.
The SVGTA said that at the moment, St. Vincent and the Grenadines has a room inventory of three,349. With the addition of those new tasks, together with the formal inclusion of Airbnb and short-term rental listings representing roughly 400 properties, which quantity to 1,100 rooms, the nation’s whole room inventory is projected to succeed in over 4,450 rooms by 2026/2027.
It said that it will symbolize a 34.55 p.c improve over 2025 ranges, considerably enhancing the island’s capability to host bigger teams, vacation spot occasions, worldwide conferences, and longer-stay guests.
The 4 new resort tasks are the Peter’s Hope Resort Growth Undertaking with a 280-room beachfront flagship Marriott Autograph Assortment resort, the 360 room Seashores St. Vincent and the Grenadines at Mt. Wynne, Palm Island Growth, a brand new mission with section one scheduled to open in December 2026 and Cumberland Bay Resort Growth Undertaking, a 150-room beachfront resort that includes overwater bungalows, cottages, and a resort and small marina.
“These developments, with an estimated capital funding of shut to 2 billion EC {dollars} (One EC greenback=US$0.37 cents), are anticipated to generate greater than 2,000 jobs throughout the hospitality sector and associated industries, whereas additionally addressing seasonality and increasing alternatives for group journey, weddings, conferences, and high-value leisure markets.”
James had advised the convention that these new developments symbolize greater than extra rooms, saying “they signify a metamorphosis of our tourism product, strengthening St Vincent and the Grenadines’ competitiveness on the worldwide stage.
“We’re dedicated to making sure these investments are developed sustainably, aligning with our broad-based financial mannequin and creating actual alternatives for our folks. This isn’t mass tourism, however a structured, forward-looking method to tourism improvement that balances progress, neighborhood profit, and environmental stewardship.”
SVGTA Chief Government Officer Annette Mark mentioned the addition of the 4 resort tasks marks a defining second for the native tourism sector.
“With elevated room inventory, we can appeal to bigger occasions, broaden into new markets, and deepen our attain in group journey, MICE, and romance tourism. This growth additionally creates vital alternatives for native communities, suppliers, and repair suppliers to profit straight from the tourism worth chain,” Mark mentioned.
The SVGTA said that it’s dedicated to supporting these developments by means of enhanced advertising and marketing, data-driven customer engagement, and stakeholder partnerships, guaranteeing that the advantages of this historic resort growth are felt nationwide.
In the meantime, James said that the dedication to spending US$20 million over the subsequent three years on upgrading amenities right here is designed to concentrate on enhancing the customer expertise at established sights whereas additionally creating new merchandise that showcase the nation’s numerous pure, cultural, and historic property.
“This funding alerts our authorities’s dedication to strengthening St Vincent and the Grenadines’ place as a premier tourism vacation spot. By upgrading our websites and constructing out new sights, we’re creating alternatives for communities, enhancing our competitiveness, and guaranteeing that each customer has an genuine, memorable, and world-class expertise.
“Importantly, this improvement can be undertaken with sustainability at its core, balancing progress with the preservation of our pure and cultural heritage,” James added.
Finance, Financial Planning and Data Expertise Minister, Camillo Gonsalves, mentioned tourism is among the engines of the native economic system, and “strategic investments resembling this guarantee we maximise its potential.
“The US $20 million earmarked for web site upgrades and new developments is not only about constructing infrastructure; it’s about creating jobs, stimulating native companies, and guaranteeing that tourism advantages each Vincentian. That is an funding in progress, sustainability, and inclusive improvement,” he added.
