Latest update April 4th, 2025 5:09 PM
Nov 22, 2015 News
Guyana is one of 24 Caribbean countries featured in the first Caribbean Tourism and Hospitality Investment Guide launched recently by the Caribbean Tourism Organization (CTO) and the Caribbean Hotel and Tourism
Proudly displaying the new Caribbean Investment Guide are from left: CTO’s Director of the Americas, Sylma Brown Bramble, Editor Sandra Ann Baptiste and CTO Secretary General Hugh Riley.
Association (CHTA).
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.
The publication was conceptualised and produced by Marketing, Communications and Investment Promotion Specialist, Sandra Ann Baptiste, who was the first head of the Guyana Office for Investment (GO-Invest).
The Investment Guide was launched in Puerto Rico at the just concluded Caribbean Hotel Investment Conference and Operations Summit (CHICOS), which was attended by international investors. It was also distributed this week at CTO ‘Caribbean Week’ Business events in Toronto.
“Investing in the Caribbean makes good business sense. We know it and we are proud to produce a guide that illustrates it,” CTO Chairman Richard Sealy, Barbados Minister of Tourism and International Transport, said in a message in the publication.
CHTA President Emil Lee urged investors to use the document to learn about the “incredible opportunities” which can be realized from investing in the Caribbean, and noted that despite its growing pains, the Caribbean tourism industry continues to expand 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 commented.
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