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14th Caribbean Hotel & Tourism Investment Conference
Set for May 4-6, 2010 in San Juan, Puerto Rico

CHTA, CTO to Hold Largest Regional Investment Meeting at Puerto Rico Convention Center
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CORAL GABLES, FL (June 5, 2009) – Building on the momentum achieved in recent years with a growing interest in Caribbean tourism development, the Caribbean Hotel & Tourism Association (CHTA), in conjunction with the Caribbean Tourism Organization (CTO), have announced the dates for the 14th Annual Caribbean Hotel & Tourism Investment Conference (CHTIC) to be held May 4-6, 2010 at the state-of-the-art Puerto Rico Convention Center.

“This will be the fourteenth year of the Caribbean Hotel and Tourism Association and the Caribbean Tourism Organization co-managing the region's most successful and longest-standing tourism investment event and we anticipate a very well attended and supported conference hosted by the Puerto Rico Tourism Company (PRTC), the Puerto Rico Hotel and Tourism Association (PRHTA) and the Puerto Rico Convention Bureau (PRCB),”said Enrique De Marchena Kaluche, President of CHTA.

The Caribbean Hotel & Tourism Investment Conference brings together hoteliers, tourism officials, developers, bankers and other lenders as well as others interested in Caribbean tourism, to discuss and plan investment strategies for the region.

CHTIC, the official tourism investment conference of the Caribbean, is managed by the region's public and private sector organizations – CHTA (the regional hotel association) and CTO (the public sector tourism body) – and is the only event of its kind which is staged by the region's not-for-profit organizations, with all funds being reinvested in the region for the benefit of the Caribbean tourism industry.

“While these difficult economic times have to some extent slowed the flow of capital, it was evident from our recent conference in April that there is strong interest in Caribbean tourism development and it is absolutely crucial that the Caribbean look ahead in order to ensure our sustainability for the future, De Marchena Kaluche said.

“The 2010 investment conference next May will play a pivotal role in determining nature and trajectory of tourism related investments in the region,” he added.

“The Puerto Rico Tourism Company is hosting CHTIC to showcase opportunities Puerto Rico offers as an investment and business destination,” stated Mr. Jaime López Díaz, Executive Director of the Puerto Rico Tourism Company.

“This conference provides the venue and opportunities to create ties among all Caribbean tourism industry elements and build a stronger and more unified Caribbean destination product for Puerto Rico and the region as a whole,” added López Díaz.

“CHTIC 2009 marked a major development in our approach to Caribbean investment with greater emphasis placed on the ‘greening' of our tourism product in response to the rising cost of energy, climate change and the rapidly emerging environmentally conscious segment of the global tourism market,” noted De Marchena Kaluche.

“Several major organizations have already confirmed their sponsorship support for Caribbean Marketplace which is indicative of the importance of the 2010 event being held in Puerto Rico,” said De Marchena Kaluche.

CHTIC was founded by CHTA and CTO in 1997 with the specific objectives of improving the tourism investment and operating climate in the Caribbean, raising awareness of development opportunities and stimulating a continuing flow of equity and loan capital into the region.

For more information on CHTIC 2010, contact CHTA at 305-443-3040, send e-mail to events@caribbeanhotelandtourism.com or visit the event website at http://caribbeanhotelandtourism.com/InvestmentConference.php.

Caribbean Hotel & Tourism Association

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 was founded in 1962; it 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 marshalling the resources of the active and allied members to devise solutions. CHTA represents all facets of the hospitality industry with more than 750 member hotels and 525 allied members.

For more information, visit http://www.caribbeanhotelandtourism.com.

 
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Contact:

Caribbean Hotel & Tourism Association
http://www.caribbeanhotelandtourism.com
 

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Also See: Caribbean Hotel & Tourism Association Sets Speakers and Agenda for Investment Conference; Will Bring Together Tourism Officials, Hoteliers, Developers, Lenders at Bermuda Conference, April 14–16, 2009 / March 2009

The Caribbean Hotels and Tourism Association Names David Callaghan the Allied Member of the Year; Recognized for Ongoing Support of the Caribbean Hospitality Industry / January 2009
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