Latest update January 20th, 2025 1:06 AM
Jun 18, 2017 News
The Caribbean Tourism Organization (CTO has launched the second edition of the 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.
Tourism Ministers from across the region attending CTO business meetings during the recent Caribbean Week events in New York, received copies of the publication.
Guyana is among the 23 countries featured in the Investment Guide.
The publication includes information on the performance of the region’s tourism industry, with highlights from the CTO Secretary General Hugh Riley and Acting Director of Research Ryan Skeete. It also provides an outlook for the region’s hotel sector.
The Investment Guide highlights new investments in the region’s tourism and hospitality sector, including properties in The Bahamas, Barbados, Antigua and Barbuda, Jamaica, Saint Lucia, Grenada, Turks and Caicos Islands and the Cayman Islands.
”The Caribbean has a strong competitive advantage due to our natural and physical resources, and is ripe for new hotel and tourism infrastructure projects. There are opportunities for investments in airports, seaports and shopping centres, as well as unique tourism products such as outfitting heritage sites with modern technology and clean energy sources,” CTO Secretary General Hugh Riley said.
The Investment Guide, published every two years, is produced by Marketing, Communications and Investment Promotion Specialist, Sandra Ann Baptiste, who heads Florida-based Carigold Signature.
“CTO member countries are also seeking investment to expand the medical tourism and health and wellness sectors. There are investment opportunities for new restaurants and cafes, sports tourism facilities and new convention centers, yachting and marine services, new attractions, river and land transportation services, and to develop the creative industries,” Baptiste said in the editorial.
The Investment Guide will be distributed at the 2017 Caribbean Hotel Investment Conference and Operations Summit (CHICOS) in Bermuda hosted by HVS, and at the Miami Conference on the Caribbean and Central America, organized by Caribbean Central America Action (CCAA).
The Guide is one of the projects of the New York-based CTO USA Inc. office headed by Sylma Brown Bramble.
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