St. Vincent and the Grenadines celebrates new hotel projects

St. Vincent and the Grenadines is news of a major expansion of the country’s hotel room stock, with four new hotel projects set for development over the next 36 months.

The announcement was made by St. Vincent and the Grenadines’ Minister of Tourism, Civil Aviation, Sustainable Development and Culture, Carlos James during the State of the Tourism Industry Address and Stakeholders’ Conference this week.

Currently, St Vincent and the Grenadines has a room stock of 3,349.  With the addition of these new projects together with the formal inclusion of Airbnb and short-term rental listings representing approximately 400 properties amount to 1,100 rooms, the country’s total room stock is projected to reach over 4,450 rooms by 2026-2027. This will represent a 34.55% increase over 2025 levels, significantly enhancing the Island’s capacity to host larger groups, destination events, international conferences, and longer-stay visitors.

The new projects include:

• Peter’s Hope Resort Development Project — A 280-room beachfront flagship Marriott Autograph Collection hotel.
• Beaches St. Vincent and the Grenadines — A 360-room family resort to be constructed at private Mt. Wynne.
• Palm Island Development — A new project with phase one scheduled to open in December 2026.
• Cumberland Bay Resort Development Project — A 150-room beachfront resort featuring  overwater bungalows, cottages, and a hotel and small marina.

These developments, with an estimated capital investment of close to EC$2 billion, are expected to generate more than 2,000 jobs across the hospitality sector and related industries, while also addressing seasonality and expanding opportunities for group travel, weddings, conferences, and high-value leisure markets.

Minister James observed: “These new developments represent more than additional rooms, they signify a transformation of our tourism product, strengthening St Vincent and the Grenadines’ competitiveness on the global stage.  We are committed to ensuring these investments are developed sustainably, aligning with our broad-based economic model and creating real opportunities for our people.  This is not mass tourism, but a structured, forward-looking approach to tourism development that balances growth, community benefit, and environmental stewardship.”

Annette Mark, Chief Executive Officer of the St Vincent and the Grenadines Tourism Authority, emphasised the importance of this expansion for the destination’s growth trajectory:

Said Mark: “The addition of these four landmark hotel projects marks a defining moment for tourism in St Vincent and the Grenadines.  With increased room stock, we will be able to attract larger events, expand into new markets, and deepen our reach in group travel, MICE, and romance tourism.  This expansion also creates significant opportunities for local communities, suppliers, and service providers to benefit directly from the tourism value chain.”