St. Vincent & The Grenadines Unveils EC$2 Billion Tourism Boom with Four Major Resort Projects

Kingstown, SVG — The tourism landscape of St. Vincent and the Grenadines (SVG) is poised for a historic transformation with the announcement of four new major resort developments, representing an estimated EC$2 billion in capital investment and the creation of more than 2,000 jobs.

The announcement was made by Hon. Carlos James, Minister of Tourism, Civil Aviation, Sustainable Development, and Culture, during the 2025 State of the Tourism Industry Address and Stakeholders Conference.

“These projects are not just about hotels—they’re about reshaping the Vincentian tourism experience, creating sustainable jobs, and securing our place as one of the Caribbean’s most sought-after destinations,” James noted.

The Four Landmark Projects

1. Peter’s Hope Resort Development Project
   • A 280-room beachfront resort, branded under the prestigious Marriott Autograph Collection.
   • Positioned as a flagship hotel, this development is expected to elevate SVG’s profile among international travelers seeking luxury stays.
2. Beaches St. Vincent and the Grenadines
   • A 360-room family resort set to be constructed at Mt. Wynne.
   • Operated under the world-renowned Beaches Resorts brand, this property will target family vacations and all-inclusive experiences.
3. Palm Island Development
   • A new resort project with Phase One scheduled for opening in December 2026.
   • Expected to blend exclusivity and natural beauty, adding to SVG’s reputation for private island getaways.
4. Cumberland Bay Resort Development Project
   • A 150-room beachfront resort featuring overwater bungalows, cottages, a hotel, and a small marina.
   • This development promises to be a game-changer for eco-luxury tourism and marine tourism activities.

A Bold Step Forward

These projects align with SVG’s strategic push to expand tourism offerings, diversify accommodations, and boost economic activity. Beyond luxury and leisure, the developments are set to generate thousands of direct and indirect jobs, supporting local businesses, service providers, and communities.

With world-class brands like Marriott and Beaches entering the market, alongside boutique luxury concepts, SVG is clearly positioning itself as a premier Caribbean tourism hub—balancing its pristine natural charm with high-end hospitality experiences.

As the slogan goes:
“St. Vincent and the Grenadines – The Caribbean you’re looking for.