AGP Executive Report
Last update: 4 hours agoPower Costs: U.S. Virgin Islands electricity rates hover near 43 cents per kilowatt-hour, among the highest under the U.S. flag. Island geography drives much of the cost, making utility reform essential to improving affordability, not matching mainland prices. Tourism Investment: Yacht Haven Grande in St. Thomas has opened a new racquet and pool club alongside an expanded event venue, adding leisure and hospitality offerings at the marina. Regional Leadership: West Indian Company CEO Joseph Boschulte joins the Caribbean Tourism Organization’s Allied Board for 2026–28, bringing the USVI tourism operator into regional industry planning. Air Links: Breeze Airways plans to begin twice-weekly Tampa–St. Thomas flights on Dec. 16; December seat capacity for Puerto Rico and the USVI is also forecast to rise 7.6% combined year over year. Marine Industry: The U.S. Maritime Administration awarded $35.18 million in shipyard grants across 24 states and the USVI, supporting investment in equipment and capacity. Creative Economy: Jamaican thriller Stew Peas is set to open in St. Thomas and St. Croix on Oct. 29 as part of a seven-territory Caribbean release.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
Perspectify News
