November 4, 2014: As preparation is underway for the Caribbean Hotel Investment Conference and Operations Summit scheduled for November 13-14, 2014 at the Hard Rock Hotel and Casino in Punta Cana, Dominican Republic, Conference Chairman Mr. Parris E. Jordan, observes that the number of international investors with interest in the Caribbean region is increasing and will be apparent at this year’s event.
“As organizations, banks and individuals seek new opportunities for investment in hotels and hospitality assets around the world, the Caribbean has become a sought-after destination now more than ever,” explains Jordan. “As hotel performance continues to strengthen in terms of occupancy and average rate, investors don’t want to miss new opportunities; they are coming to CHICOS to make their deals happen.”
“CHICOS is undoubtedly the venue which brings together banks, lenders, operators and investors for networking, relationship-building, and securing future hospitality development opportunities in the Caribbean.”
“At this point in time, I’m seeing larger projects on various islands in the Caribbean gaining traction and the need for feasibility studies is strong again,” Jordan continues. “Investors and investor representatives from the Middle East, Asia - China in particular, the United States and the United Kingdom will be in Punta Cana for our conference.”
“Those interested in making deals happen can find potential sources of financing and partnerships at our event,” adds Jordan.
The fourth edition of the Conference will be held November 13-14, 2014 at the Hard Rock Hotel and Casino in Punta Cana, Dominican Republic. The CHICOS 2014 agenda is now available on line at www.hvschicos.com/agenda and CHICOS organizers are certain this year’s participants, speakers and panelists are sure to motivate those interested in development in the region. Several panels are dedicated solely to addressing creative ways to secure and attain financing.
About CHICOS
Staged by HVS, the Caribbean Hotel & Tourism Association (CHTA) and the Caribbean Tourism Organization (CTO), CHICOS brings together more than 300 regional and international investors and operators as well as the region’s leading decision makers. CHICOS 2014 will have delegates and speakers from governmental representatives, opinion leaders, developers, bankers and other lenders, tourism officials, investment funds, hotel chain executives, individuals/companies seeking investors for their tourism projects, franchise and operations companies, public and private institutions, consultants, advisors, architects and designers – all to discuss the region’s markets and possibilities. www.hvschicos.com Registration for CHICOS is US$1,350 per person and is available at www.hvschicos.com. For CHICOS preferred hotel rates, contact the Hard Rock Hotel at 1-877-601-0935.
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About HVS
HVS is the world’s leading consulting and services organization focused on the hotel, mixed-use, shared ownership, gaming, and leisure industries. Established in 1980, the company performs 4500+ assignments each year for hotel and real estate owners, operators, and developers worldwide. HVS principals are regarded as the leading experts in their respective regions of the globe. Through a network of more than 30 offices and 450 professionals, HVS provides an unparalleled range of complementary services for the hospitality industry. HVS.com Superior Results Through Unrivalled Hospitality Intelligence. Everywhere.
About CHTA
The Caribbean Hotel & Tourism Association (CHTA) facilitates the full potential of the Caribbean hotel and tourism industry by serving members’ needs and building partnerships in a socially responsible and sustainable manner. CHTA is the voice of the Caribbean hospitality industry for the development of the region in the highly competitive and sophisticated environment of international tourism. Today, tourism is widely recognized as a pivotal industry in the economy of the region – and CHTA functions as the common denominator for this industry in a region of diverse nationalities, languages and styles, identifying mutual problems and marshaling the resources of the active and allied members to devise solutions. CHTA represents all facets of the hospitality industry with more than 600 member hotels and over 300 allied members. CHTA, including the events staged by the association, is supported by Strategic Partners MasterCard, Interval International, OBM International, HVS, Tambourine and TravelZoo. www.caribbeanhotelandtourism.com.
About CTO
The Caribbean Tourism Organization (CTO), with the headquarters in Barbados and marketing operations in New York and London, is the Caribbean’s tourism development agency and comprises membership of over 30 governments and a myriad of private sector entities. The CTO’s mission is to provide to and through its members, the services and information needed for the development of sustainable tourism for the economic and social benefit of the Caribbean people. The organization provides specialized support and technical assistance to member countries in the areas of marketing, human resource development, research and statistics, information technology, advocacy and sustainable tourism development. The CTO disseminates information on behalf of its member governments to consumers and the travel trade. www.onecaribbean.org.
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