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Tourism in the Turks and Caicos Islands is an industry that generates more than 1 million tourist arrivals per year, [1] and is "the main source of revenue for the country. The tourism industry began in the 1980s, with the opening of Club Med Turquoise, the country's first main resort."
Club Med SAS, commonly known as Club Med and previously known as Club Méditerranée SA, is a French travel and tourism operator headquartered in Paris, specializing in all-inclusive holidays. Founded in 1950, the company has been primarily owned by the Chinese conglomerate Fosun Group since 2013. Club Med either wholly owns or operates nearly ...
Club Med set up a resort at Grace Bay soon after. In the 1980s, Club Med funded an upgrading of the airstrip to allow for larger aircraft, and since then, tourism has been gradually on the increase. It is common for foreign couples to be married in the Turks and Caicos Islands today.
The Turks and Caicos Islands (abbreviated TCI; [7] / ˈ t ɜːr k s / and / ˈ k eɪ k ə s,-k oʊ s,-k ɒ s /) are a British Overseas Territory consisting of the larger Caicos Islands and smaller Turks Islands, two groups of tropical islands in the Lucayan Archipelago of the Atlantic Ocean and northern West Indies. [8]
The Turks and Caicos Reef Fund a 501(c)3 organization was established to help preserve and protect the environment of the "Beautiful by Nature" Turks and Caicos Islands - an environment that draws so many visitors and is critical to the economic and physical survival of the islands themselves.
The Allegro Resorts Corporation was a major hotel operator and one of the pioneers in all-inclusive travel industry. At its height, Allegro owned 27 properties in the Dominican Republic, Antigua, Morocco, Aruba, Turks and Caicos, Mexico, Venezuela, Jamaica, Costa Rica, Tunisia, St. Kitts and Egypt.
Beaches Resorts are located in Negril, Ocho Rios and Turks & Caicos. [citation needed] There is another Beaches Resort scheduled to be built on the site of the former Buccament Bay Resort in Buccament Bay, Saint Vincent and The Grenadines. [3] [4] [5]
Providenciales is the most tourist-oriented and developed of the Turks and Caicos Islands, boasting many resort hotels and an 18-hole golf course. [3] The island has recently become popular with retirees from around the world, kindling a boom of residential development. Grace Bay has seen many luxury condos built on its shores. [citation needed]
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