Beautiful Virgin Islands

Saturday, Apr 11, 2026

BVICCHA struggles to stay afloat as revenue sinks to ‘all-time low’

BVICCHA struggles to stay afloat as revenue sinks to ‘all-time low’

The BVI Chamber of Commerce & Hotel Association’s (BVICCHA) revenue streams have reached an unprecedented low this year.

Chairwoman of the BVICCHA, Shaina Smith-Archer said this is because of a pandemic-induced economic recession affecting local businesses.

As a result, the Chamber of Commerce has to rely heavily on membership dues and fundraisers to sustain their operation and keep the chamber afloat.

“We have seen our revenue streams shrink to an all-time low and are currently in need of urgent financial support to continue the great work,” Smith-Archer said.

The Chairwoman added that the chamber will accept any donations or pledges that will help them continue its ‘invaluable’ service during these uncertain times.

Businesses called on for support


With the BVICCHA struggling financially, the chairwoman is calling on all active and inactive members for their support.

She also said it has been difficult to keep businesses in operation during the pandemic and has, therefore, commended business owners.

“The past eighteen months have been a chaotic time for Virgin Islands business owners to keep their doors open … I salute all business owners for the persistence they have shown in safeguarding lives and livelihoods during this global health crisis,” the chairwoman added.

Special membership drive


However, she is urging businesses to take advantage of the BVICCHA’s special membership drive that runs from October 15 to December 15 2021.

The drive also applies to not-for-profit organisations.

Smith-Archer said it is a good time for past/inactive members of the Chamber of Commerce to rejoin as they have upgraded their benefits and will be providing more value for membership in the upcoming year.

For new members that join during this drive, the chairwoman said they “will receive a five percent discount on [their] 2022 annual membership fees”.

“If you are a current member and refer a new member who joins from 15th October 2021 to 15th December 2021, you will receive a five percent discount on your 2022 annual membership fees,” she added.

Smith-Archer is also urging businesses to take advantage of what she said is BVICCHA’s affordable advertising services for the promotion of goods and services during the upcoming holidays. She further encouraged businesses to take advantage of the Member-2-Member Discount Plan which is supposed to lower business-to-business costs.

Newsletter

Related Articles

Beautiful Virgin Islands
0:00
0:00
Close
Meghan Markle Plans Exclusive Women-Focused Retreat During Australia Visit
Starmer and Trump Hold Strategic Talks on Securing Strait of Hormuz Amid Rising Tensions
Unofficial Australia Visit by Prince Harry and Meghan Expected to Stir Tensions with Royal Circles
Pipeline Attack Cuts Significant Share of Saudi Arabia’s Oil Export Capacity
UK Stocks Rise on Ceasefire Momentum and Renewed Focus on Diplomacy
UK to Hold Further Strategic Talks on Strait of Hormuz Security
Starmer Voices Frustration as Global Tensions Drive Up UK Energy Costs
UK Students Voice Concern Over Proposal for Automatic Military Draft Registration
Rising Volatility Drives Uncertainty in UK Fuel and Petrol Prices
UK Moves to Deploy ‘Skyhammer’ Anti-Drone System to Strengthen Airspace Defense
New Analysis Explores UK Budget Mechanics in ‘Behind the Blue’ Feature
Man Arrested After Four Die in Channel Crossing Tragedy
UK Tightens Immigration Framework with New Sponsor Rules and Fee Increases
UK Foreign Secretary Highlights Impact of Intensified Strikes in Lebanon
UK Urges Inclusion of Lebanon in US-Iran Ceasefire Framework
UK Stocks Ease as Ceasefire Doubts in Middle East Weigh on Investor Confidence
UK Reassesses Cloud Strategy Amid Criticism Over Limited Support Measures
UK Calls for Full and Toll-Free Access Through Strait of Hormuz Amid Rising Tensions
Starmer Signals Strategic Shift for Britain Amid Escalating Iran-Linked Tensions
UK Issues Firm Warning to Russia Over Covert Underwater Military Activity
OpenAI Halts Stargate UK Project, Casting Uncertainty Over Britain’s AI Expansion Plans
Starmer Voices Frustration Over Global Pressures Driving UK Energy Costs Higher
UK Deploys Military Assets to Protect Undersea Cables From Suspected Russian Threat
Canada Aligns With US, UK and Australia as Europe Prepares Major Digital Border Overhaul
Meghan Markle’s Planned Australia Appearance Sparks Fresh Speculation
Starmer Warns Sustained Effort Needed to Ensure US–Iran Ceasefire Holds
UK to Partner with Shipping Industry to Rebuild Confidence in Strait of Hormuz, Cooper Says
UK Interest Rate Expectations Ease Following US–Iran Ceasefire Agreement
Starmer Signals Major Effort Needed to Fully Reopen Strait of Hormuz During Gulf Visit
UK Fuel Prices Face Ongoing Volatility Amid Global Pressures and Domestic Factors
Kanye West’s Planned Italy Festival Appearance Draws Debate After UK Entry Ban
Smuggling Routes Shift Toward Belgium as Migrant Crossings to UK Evolve
Ceasefire Offers Potential Relief for UK Fuel and Food Prices Amid Ongoing Uncertainty
Iran Conflict Raises Questions Over UK’s Global Influence and Military Preparedness
Senator McConnell Visits Kentucky to Highlight Federal Investment in Local Projects
Kanye West Barred from Entering UK as Legal Grounds Come into Focus
UK Denies Visa to Kanye West After Sponsors Withdraw from Wireless Festival
Trump-Era Forest Service Restructuring Leads to Closure of UK Lab Focused on Kentucky Woodland Health
Foreign Students in the UK Describe Harsh Living Conditions and Financial Pressures
Reform UK Proposes Visa Restrictions on Nations Pursuing Reparations Claims
Public Reaction Divides Over UK Decision to Bar Kanye West
Calls Grow for UK to Review US Base Access Following Concerns Over Escalating Rhetoric
UK Indicates It Will Not Permit Use of Its Bases for Potential US Strikes on Iran’s Energy Infrastructure
UK Prime Minister Defends Decision to Bar Kanye West, Questions Festival Booking
UK Accelerates Efforts to Harmonise Medical Technology Rules with United States
Wireless Festival Cancelled After Kanye West Denied Entry to the United Kingdom
Operation Europe: Trump Deploys Vance to Hungary to Save the EU
King Charles Faces Criticism From Some UK Christians Over Absence of Easter Message
Former UK Defence Secretary Raises Concerns Over Ability to Counter Iran Missile Threat
UK Signals Non-Involvement in Iran Conflict as Trump Reasserts Firm Deterrence Stance
×