Tourism has been Jamaica’s leading industry for the last 30 years and continues to display strong and sustainable growth, generating significant investment and foreign exchange earnings. The island’s potential is well recognised by the international business community. In the past 4 years Jamaica has attracted close to US$3bn in FDI and was also named by the World Bank in this period as one of the world’s top ten 10 countries in which to do business.

Capitalising on these benefits, the government is pursuing an integrated tourism and development programme to provide a diversity of accommodation and a fulfilling visitor experience, whilst protecting the island’s natural environment and uniquely rich culture. To this end the government is offering incentives to approved developers to build and restore a number of luxury hotels and cottage resorts, of which Cousin’s Cove is one. Cousins Cove is an ideal holiday investment opportunity for investors looking to benefit from the islands booming tourist industry.






In a property market still perceived as good value compared to other Caribbean destinations and expected to show considerable capital growth in the short and longer term futures, Cousin’s Cove is an astute property investment.

Other recent high-end investors on the island include Iberostar, the Palmyra Resort group, Fiesta Hotels, Sandals Resorts (their seventh Jamaican resort) and Island Outpost’s magnificent ‘Goldeneye Resort’ development at the former home of author Ian Fleming of James Bond fame.
 

  • Jamaica is one of the Caribbean's most accessible islands with international flights daily from the UK, USA, Canada and Europe.
  • British Airways, Virgin Atlantic all fly direct to Sangster International at Montego Bay.
  • In 2005 Jamaica' two international airports collectively moved 4.7 million passengers.
  • Average spend per tourist spend increased 13% in 2007 and 22% in 2006.
  • Since 2005 the major international U.S. carriers: Delta Airlines, United Airlines, American Airlines, and US Airways have all significantly expanded their services to Jamaica.
  • Daily flights are available from the major U.S. gateway cities such as Atlanta, Chicago and New York. Miami International is less than 90 minutes away by commercial aircraft.
  • Air Jamaica, British Airways and more recently Virgin Atlantic Airlines all have scheduled flights to London.
  • Tour Operator First Choice provides chartered services from London to Montego Bay as does Thomas Cook and Thomson.
  • Cousin's Cove is just a 50-minute drive on some of the island's best roads from Jamaica's main international airport at Montego Bay.

VIRGIN ATLANTIC TO CODE SHARE WITH AIR JAMAICA

Virgin Atlantic is to launch its code share with Air Jamaica from Sunday 18th November. The code share follows the introduction of Virgin Atlantic flights between London Gatwick and the capital Kingston at the end of October, and the launch of services last year between Gatwick and Montego Bay. Virgin Atlantic will operate a minimum of four services a week between the UK and Jamaica in 2008 and is exploring the possibility of adding more flights. Steve Ridgway, CEO of Virgin Atlantic, commented: “We already have a big commitment to the Caribbean and have a strong relationship with the local people and the tourist industry, which will benefit enormously from our expansion.”
F
Friday Nov. 16th 2007 Travel Daily News; BBC News

 

Jamaica Tourist Success

  • Figures for 2006 indicate that over 3 million tourists travelled to Jamaica, of whom, close to 1.7 million were stop-over passengers and approximately 1.3 million were cruise ship passengers.
  • Presently more than one-half (54.9 per cent) of the world's cruise-ships are deployed in the Caribbean.
  • Stopover arrivals for January to December 2006 were 1,678,905, an increase of 13.5%, setting a new record in arrivals.
  • It is anticipated that this trend will continue with Montego Bay being added as a port of call for the Freedom of the Seas, the world's largest cruise vessel.
  • Other well known cruise lines frequenting Jamaica include Carnival Princess Cruises, and Royal Caribbean from North America as well as European lines such as Aida Cruises (Germany) and Sun Cruises (Britain).