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Billions lost,register law + more in Caribbean news in brief

PICTURED: The Caribbean Tourism Organisation Chair Joy Jibrilu

HURRICANES LOSE REGION £1 BILLION

The Caribbean Tourism Organisation (CTO) has said that the region lost more than $1 billion in tourism revenue after pictures of the hurricane damage caused people to book alternative holidays.

CTO Chair Joy Jibrilu said that even areas not damaged during hurricane season in 2017 saw a decline in visitors. A World Travel and Tourism Council report estimated that recovery could take up to four years, costing the region another $3bn.

BVI TO FIGHT UK REGISTER LAW

The British Virgin Islands (BVI) has assembled a legal team to fight the UK’s register of beneficial ownership. The head of the team said that there are constitutional grounds for challenging the introduction of a public beneficial ownership of companies registered in British overseas territories by December 2020.

Attorney Hussein Haeri said “the BVI’s consistent position is that it will not introduce public registers unless and until they become a global standard”.

BRIDGETOWN PRICEY FOR TRAVELLERS

The Barbados capital, Bridgetown, has been ranked as the fifth most expensive location for business travellers. Global marketing company ECA International calculated its ranking based on daily hotel rates, meal costs, transport and food. New York topped the list, followed by Geneva, Zurich and Luanda (Angola).

CUBA IMPROVING INTERNET ACCESS

Google is working to expand internet access in Cuba. The Miami Herald reported that Google executives travelled to Cuba and met new President Miguel Díaz-Canel who is keen to increase connectivity on the island.

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