The government of Antigua and Barbuda is set to host an investment conference aimed at encouraging local participation in the tourism sector through Airbnb-style rental properties.
The initiative is part of a broader effort to ensure that more Antiguans and Barbudans benefit directly from the country’s tourism growth.
Prime Minister Gaston Browne described the move as an opportunity for locals to invest in short-term rental accommodations that can generate significant income. He stated that the government would make available prime waterfront and beachside parcels of land for development.
“We want to ensure that the people of Antigua and Barbuda have a stake in the tourism sector,” Browne said. “By developing Airbnb properties, locals can generate revenue while improving the variety of accommodations available to visitors.”
Officials believe that expanding the number of locally owned short-term rentals will help diversify the tourism market, providing alternatives to traditional hotels while attracting a wider range of visitors. The initiative is expected to create economic opportunities for property owners, contractors, and service providers.
The government has yet to announce specific details on the investment packages and incentives for prospective investors. However, the conference is expected to outline financing options and regulatory support for individuals looking to enter the short-term rental market.
Tourism analysts suggest that boosting local investment in accommodations will enhance Antigua and Barbuda’s appeal as a visitor destination while ensuring that economic benefits are more widely distributed among citizens.
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