Onsite at CHA's Caribbean Marketplace

Aruba–At the first press conference of the Caribbean Hotel Association's 28th Caribbean Marketplace, the host island's top tourism officials announced financial investments totaling more than $350 million that would encompass nearly every sector of the tourism industry. Some of the major developments include more than $35 million to improve Queen Beatrix International Airport. All of the improvements are expected to be completed by 2010 and include the first-ever private jet terminal, which will open at the end of January. Other major projects include a more than $24 million investment by Occidental Grand Aruba. The Hyatt Regency Aruba Resort & Casino is also undergoing a $40 million upgrade.