CTO launches first tourism and hospitality investment guide

first_imgThe Caribbean Tourism Organisation (CTO) and the Caribbean Hotel and Tourism Association (CHTA) have launched the first Caribbean Tourism and Hospitality Investment Guide targeted at international investors, for distribution at 2015 Caribbean Hotel Investment Conference and Operations Summit.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. It also 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.Headquartered in Barbados, the CTO says its mission is to provide services and information for the development of sustainable tourism to benefit the people of the Caribbean. CHTA President Emil Lee urged investors to use the document to learn about the “incredible opportunities” which can be realised from investing in the Caribbean. “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, incentivising investments, and maximising productivity through investments in our people.” he commented.last_img read more