CTO News

CTO Investment Guide Distributed in Toronto and at Caribbean Business Events

TORONTO, Canada , 21 November, 2017 – The Caribbean Tourism and Hospitality Investment Guide, a bi-annual publication of the Caribbean Tourism Organization (CTO), was distributed during Caribbean Week in Toronto to Canadian entrepreneurs, business organizations and Diaspora leaders.

Caribbean Week activities in Toronto and Montreal run from November 10-17.

The Investment Guide 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 publication was distributed at the recent Caribbean Hotel Investment Conference and Operations Summit (CHICOS) in Bermuda and is available to delegates at this week’s Miami Conference on the Caribbean organized by Caribbean Central American Action (CCAA).

Tourism Ministers from across the region and selected companies and business organizations received copies of the publication during Caribbean Week events in New York.

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 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 is one of the projects of the New York-based CTO USA Inc. office headed by Sylma Brown Bramble.

The publication will be available on www.onecaribbean.org for a minimal fee.

Posted in: 2017 News, Blog, Caribbean Week, Corporate News

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