New Caribbean Guide Could Lead to Influx of Hotel Development in the Region

St. Lucia // Photo by Joe Pike

Love a brand new Caribbean hotel?

Well, agents can expect an influx of future hotel development in the Caribbean as the Caribbean Tourism Organization (CTO), in association with the Caribbean Hotel and Tourism Association (CHTA), has produced the first Caribbean Tourism and Hospitality Investment Guide targeted at international investors.

The publication showcases a wide range of investment opportunities in the tourism and hospitality sector in CTO member states and lists incentives that Caribbean governments are offering to attract new business.

The Investment Guide focuses on the performance of the region’s tourism and hospitality sector and Caribbean economies. It also highlights increased airlift to the region and new investments in the industry – a reflection of investor confidence in the region.

“Ours is an attractive and desirable destination with a strong, competitive advantage due to our natural resources and authentic experiences,” said Richard Sealy, CTO chairman and Barbados minister of tourism and international transport, in a written release. “Investing in the Caribbean makes good business sense. We know it and we are proud to produce a guide that illustrates it.”

The publication was produced by marketing, communications and investment promotion specialist, Sandra Ann Baptiste, who was the first head of the Guyana Office for Investment (GO INVEST).

It will be distributed at the 2015 Caribbean Hotel Investment Conference and Operations Summit (CHICOS), which takes place in Puerto Rico from November 12 -13, and at CTO’s Caribbean Week in Canada business events next week.

Visit www.onecaribbean.org