INVESTMENT COMMUNITY INTEREST STILL STRONG IN THE CARIBBEAN!
U.S. economy is not impacting the interest in the Caribbean
“The recent downturn in the U.S. economy is not impacting the interest in the Caribbean,” said Alec Sanguinetti, Director General and CEO of the Caribbean Hotel Association (CHA). “As a matter of fact, our Caribbean Hotel & Tourism Investment Conference drew a record-breaking 522 delegates, up from 404 a year ago,” he said, adding:
“This is a clear indication that there is strong interest in the Caribbean from the investment community that is looking at the future.
“Business on the books for the next 12 to 18 months throughout the region continues to be healthy. Advance sales for the summer in the vacation market remains strong at this time and interest by corporations and associations in planning future meetings and conferences is at an all time high, all based on discussions and negotiations that took place in late January at the annual Caribbean Hotel Association Marketplace.”
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