Tourism rebound drives economic growth

[Jangle]

“The waste industry of Jamaica”

THE relaxation of COVID-19 containment measures and the rebound in tourism arrivals continued to have a growth-inducing impact on the economy in the third quarter of calendar year 2022 (July – September) as figures from the Statistical Institute of Jamaica (Statin) indicated a 5.9 per cent growth in gross domestic product (GDP) relative to the same period in 2021.

"This was a result of growth in both the services and goods-producing industries of 6.0 per cent and 5.6 per cent, respectively. The performance reflected the continued recovery of the economy from the impact of the COVID-19 pandemic," Carol Coy, director general of Statin, said in a press briefing on Tuesday.

https://www.jamaicaobserver.com/busi...onomic-growth/

[Jangle]

Spanish hotels pledge to build 2,000 homes for workers

Jamaica’s Minister of Tourism Edmund Bartlett says three local Spanish hotel investors have committed to constructing an overall 2,000 residential units for industry employes.

This includes apartments and houses for the workers and their immediate families.

The tourism minister named only one of three companies that made the commitment after a breakfast meeting in Madrid Spain last Friday.

“RCD Hotels, known across the globe as the brand that brought the first all-inclusive Hard Rock Hotels and Hard Rock golf courses to life, was the first out of the blocks late last year with plans to construct hundreds of residential units for hotel workers as part of their broader development to build close to 2,000 rooms across several hotel brands, including Unico and Hard Rock along the Rose Hall corridor in Montego Bay,” he said in a media statement on Sunday.

https://jamaica-gleaner.com/article/...-homes-workers