Markets

A New Spotlight on Caribbean Hotel Investment Opportunities

By: Caribbean Journal Staff - November 10, 2015

By Dana Niland
CJ Contributor

The Caribbean Tourism Organization (CTO) and the Caribbean Hotel and Tourism Association (CHTA) are launching the first Caribbean Tourism and Hospitality Investment Guide targeted at international investors.

The publication exhibits a wide range of investment opportunities in the tourism and hospitality sector in CTO member states, and details incentives that regional governments are offering to attract new business.

The guide highlights the performance of these sectors in Caribbean states, as well as increased airlift to the region and new industry investments, as reflections 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,” CTO Chairman Richard Sealy, Barbados Minister of Tourism and International Transport, said. “Investing in the Caribbean makes good business sense. We know it and we are proud to produce a guide that illustrates it.”

CHTA President Emil Lee urged investors to use the publication to learn about the “incredible opportunities” available through investment in the region, and noted that, despite the challenges it faces, the tourism industry continues to grow and diversify.

“Public-private initiatives at the regional and destination levels are actively addressing those issues which are important to the industry globally . . . lowering utility costs, improving the visitor experience, holding the line on taxes, incentivizing investments, and maximizing productivity through investments in our people,” he said.

The document will be distributed at the 2015 Caribbean Hotel Investment Conference and Operations Summit, which takes place in Puerto Rico Nov. 12 and 13, and at CTO’s Caribbean Week in Canada business events next week.

Popular Posts cape santa maria

The Best Caribbean Beach Resort You’ve Never Heard of 

There’s a boat just offshore called “Escape.”  It’s bobbing in some of the most brilliant, dynamic turquoise water I’ve ever seen, a few meters from a stretch of sand so bright and so white you have to squint to look […]


Marriott Is Opening Its New St Regis Resort In Aruba 

aruba st regis inside the restaurant with chairs

It was more than a decade ago that Marriott opened its first-ever Ritz-Carlton resort in the Dutch Caribbean: the Ritz-Carlton, Aruba, which at the time was the island’s first true five-star resort.  Fast forward to 2024, and Marriott is set […]


From All-Inclusive Resorts to Beaches, Travelers Are Falling in Love With Antigua and Barbuda

antigua barbuda frontier airlines the peninsula with sand

The plunge-pool villas at Hammock Cove. The historic streets of Nelson’s Dockyard. Pool days at Sheer Rocks. Unforgettable honeymoons. Vibrant meals of pepperpot and fungee. Beach bar hopping on the south coast. Endless serenity in Barbuda.  Travelers keep flocking to […]


Related Posts palladium best

The Is the Best Palladium Resort in the Caribbean, According to Travel Agents 

Palladium Hotel Group has rolled out some of the most modern, game-changing all-inclusives in the region.  But when it comes to Caribbean specialists’ best Palladium resort to pitch to clients, the consensus of more than 100 advisors polled said their favorite is an […]


The Next Big Destination? 9,000-Acre Beachfront Site Hits the Market in The Bahamas

bahamian site

It’s the next big resort destination in the Caribbean. Think Baker’s Bay or Barbuda Ocean Club. Or at least it could be.  It’s not often that a beachfront property of this size comes on the market anywhere in the wider […]


American Airlines Is Adding Daily Flights to This Jamaica Hotspot 

american airlines jamaica nonstop

Secluded coves, sparkling turquoise water, the birthplace of James Bond. Ocho Rios, Jamaica has always been one of the island’s most sought-after destinations, from its venerable luxury resorts to its popular all-inclusives.  But it’s never had a nonstop flight from […]


SUBSCRIBE!

Sign up for Caribbean Journal's free newsletter for a daily dose of beaches, hotels, rum and the best Caribbean travel information on the net.


No. Thank You