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CHTIC ’12 to be held April 24-26 in San Juan

The 16th Annual Caribbean Hotel & Tourism Investment Conference, geared toward emphasizing the need for public and private sector partnerships to maximize investment opportunities in the Caribbean tourism industry, is scheduled for April 24-26 at the Sheraton Puerto Rico Hotel & Casino in Miramar, organizers said.

The comprehensive conference program provides delegates with all of the necessary tools including attracting the capital from financial institutions and striking up public private partnerships. The program is also designed to provide investors with ample opportunities in the region and put tourism related businessesin the best possible position as the economy continues to rebound, CHTIC officials said.

“Tourism is our region’s number one economy and we must do everything to attract new tourism investment into the region to be able to expand our tourism product and therefore maintain our global competitive position as the world’s leading warm weather destination”, said Josef Forstmayr, president of the Caribbean Hotel & Tourism Association, or CHTA.

“This year’s Investment Conference program will be geared to jump start the investment opportunities in the tourism industry and will feature a varied program geared towards developing the necessary partnerships to achieve successful investments for all parties involved,” he added.

The upcoming conference is expected to draw tourism representives from throughout the Caribbean region. (Credit: © Mauricio Pascual)

CHTIC, organized by CHTA and the Caribbean Tourism Organization, attracts government officials, investment promotion agencies, hoteliers, investors, lenders, architects, planners, construction companies, financial organizations, real estate/mortgage intermediaries, developers, industry officials and other tourism entities.

Among the topics to be discussed at the upcoming event are: setting the scene: challenges, potential and opportunities — the Caribbean on the world tourism stage; opportunities in the Caribbean tourism industry — public and private sector partnerships; from an investor’s perspective; the managing directors check-in; shared ownership — a Caribbean opportunity; real estate and hospitality; strategies and options to deal with troubled assets; target markets and tapping into new opportunities; the power of branding; and capital markets outlook — Where will the capital come from?

“The conference program also provides plenty of opportunities for delegates to conduct business through the speed networking, networking reception and networking lunches,” organizers said.

The CHTA represents all facets of the hospitality industry with more than 750 member hotels and 525 allied members.

Author Details
Author Details
Business reporter with 29 years of experience writing for weekly and daily newspapers, as well as trade publications in Puerto Rico. My list of former employers includes Caribbean Business, The San Juan Star, and the Puerto Rico Daily Sun, among others. My areas of expertise include telecommunications, technology, retail, agriculture, tourism, banking and most other segments of Puerto Rico’s economy.

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