New partnership for hospitality investment conference

The third annual Caribbean Hospitality Investment Conference and Operations Summit will be held November 7 and 8, 2013 at the Hard Rock Hotel and Casino in the Dominican Republic.

From this year, the conference will be co-hosted by the Caribbean Hotel and Tourism Association, the Caribbean Tourism Organisation and hospitality consulting firm HVS.

Parris Jordan, managing director of HVS in the Caribbean, described the partnership as a “perfect marriage”.

He said his company would bring leading investors, developers and brands to the table while the two regional tourism organisations had the ability to attract the region’s governmental and private sector leadership to the conference.

“The Caribbean Hotel and Tourism Association’s 50 years of organising and managing conferences in the region will undoubtedly bring dynamic enthusiasm and seasoned professionals from amongst its 1,000 plus member companies, as well as the region’s public sector tourism authorities to network with the movers and shakers in Caribbean hospitality,” Mr. Jordan added.

Richard Doumeg, president of the Caribbean Hotel and Tourism Association, said he expected the event to be bigger and stronger as a result of the partnership.

“The summit will serve the industry as the official and leading hospitality and tourism investment conference for the Caribbean region,” he said.

The summit brings together international investors and operators, as well as the region’s leading decision makers. Also attending and speaking are governmental representatives, opinion leaders and international industry leaders, discussing the region’s markets and possibilities.

Now in its third year, the summit will also focus on international investment in the Caribbean, highlighting diverse speakers and panels to ensure vibrant discussion and new debates, organisers said.

They say the event provides an excellent platform for delegates to share views, insights ideas, and proposed strategies for overcoming challenges in the region.

The 2013 summit will feature panels of major lenders, including CIBC FirstCaribbean Investment Bank, Sterling Financial, Scotiabank and Inter-American Development Bank.

There will also be a “task force” programme, comprised of a cross section of international and regional leaders in the hospitality, tourism, real estate, legal, investment, airline and government sectors.

These task forces aim to address the region’s most pressing issues in order to advance hospitality and tourism development and investment in the Caribbean.

Simon Suarez, chairman of the Dominican Republic local planning committee for the 2013 event, said the partnership between the three organisations would “elevate the overall credibility of the conference”.

He added: “We in the Dominican Republic are proud to be a part of this inaugural co-hosted investment conference.”