Antigua and Barbuda’s government is advancing plans to replicate its successful locally-owned Airbnb investment model at Willoughby Bay, Prime Minister Gaston Browne announced during his weekly radio appearance on Pointe FM’s ‘Browne and Browne’ programme. This expansion initiative follows the complete sell-out of investment lots at the pioneering Pensioners Beach development.
The Prime Minister revealed that overwhelming domestic interest has exhausted all available parcels at Pensioners Beach, demonstrating robust demand among Antiguans and Barbudans seeking entry into the short-term rental market. ‘The Pensioners Beach lots are fully sold out,’ Browne stated, characterizing the response as evidence of widespread public enthusiasm for tourism investment opportunities.
This innovative approach represents a strategic shift in tourism development policy, prioritizing citizen participation through land development initiatives and targeted concessions. The model deliberately facilitates broader economic inclusion by enabling ordinary citizens to own income-generating tourism assets, rather than concentrating investment opportunities among large external operators.
Browne emphasized that expanding local ownership in tourism constitutes a fundamental component of the government’s economic empowerment agenda. The Willoughby Bay project will mirror Pensioners Beach’s framework, utilizing similar mechanisms to encourage community-level investment in hospitality infrastructure.
The Prime Minister directly linked this initiative to the burgeoning significance of Airbnb accommodations within the broader tourism sector, noting that platform-based rentals offer relatively accessible entry points for local investors seeking to benefit from the nation’s tourism economy.