The Caribbean Tourism Organization and the Caribbean Hotel and Tourism Association are launching the first Caribbean Tourism and Hospitality Investment Guide targeted at international investors. The publication lists investment opportunities in the tourism and hospitality sector in CTO member states and lists incentives that Caribbean Governments are offering to attract new business.
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.