Turks and Caicos to Pour Major Investment in Tourism

Turks and Caicos has unveiled several significant developments to the islands, including forthcoming luxury properties and a $25 million investment in the Grand Turk Cruise Center. 

The Cruise Port and infrastructure in Grand Turk, through a development agreement with Carnival Corporation, will see the acquisition of property to be converted into a vendor’s market, as well as the construction of a floating dock for the water sports operators.  

There will also be up to $1 million in grants to eligible operators, from water sports and golf card operators to beach vendors and wedding planners, to help them prepare for the reopening of the cruise industry, among other initiatives. 

Turks and Caicos Islands’ new and upcoming resorts offer a variety of accommodations ranging from resorts with spacious two- three- and four-bedroom suites, to multi-level penthouses. 

The new properties will join the recently opened Ritz-Carlton, Turks & Caicos, located on famed Grace Bay Beach, with 147 ocean view guest rooms, including 23 suites that showcase the turquoise waters of the Caribbean Sea. 

Following these announcements, Turks and Caicos Island Tourist Board has released preliminary visitor statistics showing that 2021 was one of the business summers on record. Compared to pre-pandemic statistics in 2019, the destination saw an increase of over 18% in June with 54,188 visitors, an increase of 19% in July with 56,022 visitors, and an increase of 15% in August with 41,734 visitors.  The destination requires all visitors aged 16 and older to show proof of vaccination before entry. 

Source: Travel Market Report