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Caribbean Hotel Association Charitable Trust Seeks
Sustainable Funding Formula Between Regional
Governments and the Private Sector; 
Goal to Increase Caribbean Market Share 
NEW YORK (January 28, 2003) �  Chairman of the Caribbean Hotel Association�s Marketing Committee, Allen Chastanet, is encouraged with the Caribbean�s
efforts to market the region as a single destination, but wants to see industry stakeholders quickly reach agreement on a sustainable funding formula for the
critically important program.
 
Speaking to reporters in New York this month, he reported that the Caribbean Hotel Association Charitable Trust (CHACT) is extremely pleased that the level of cooperation between regional governments and the private sector has enabled the first phase of television commercials and the launch of a user-friendly and dynamic website � www.gocaribbean.com 

�We are excited that the website is now off the ground, giving even small hotels and attractions � properties that previously had not enjoyed the opportunity to participate in other wholesaler programs � 

What is the CHACT?

The Caribbean Hotel Association Charitable Trust  is a Public / Private Sector conglomeration of major hotel chains, airlines and credit card companies who have joined forces with the Caribbean Tourism Organization (CTO), CARICOM and non-CARICOM nations in order to market and promote the Caribbean as a single destination through a multi-million dollar regional advertising fund. (web site www.gocaribbean.com and/or call center 1-888-Caribbean). 

The overall intent of the campaign is to brand the Caribbean region and therefore compete with other regions of the world who have been taking ever increasing Caribbean market share of the US outbound traveler for 9 straight years. 

the ability to reach consumers in the United States," he said.

The Air Jamaica Vice President of Marketing and Sales explained that the next hurdle for the regional marketing campaign is developing the sustainable
funding formula. 

�Prime Minister Owen Arthur of Barbados has taken a leadership role in that regard and following a meeting in February, we are hopeful there will be unanimous agreement on a formula that will ensure that there are sufficient funds to continue the program well into the future,� he said.

Chastanet stressed that in order for the program to be successful, every effort is necessary to avoid the mistakes that helped propel the decline of the Caribbean's
agricultural sector in the past. He suggested that energies ought to be directed into the entire distribution channel of the Caribbean vacation experience, rather
than solely focusing on the delivery of a product.

CHACT is a public/private sector conglomeration of major hotel chains, airlines and credit card companies which have joined forces with the Caribbean Tourism
Organisation, CARICOM and non-CARICOM nations to market and promote the Caribbean as a single destination. A regional fund has enabled the launch of a
television campaign dubbed "Life Needs the Caribbean".

The overall intent of the campaign is to brand the region and, thereby, compete with other regions of the world that have been attracting increasing Caribbean
market share of the US outbound traveler for nine consecutive years.

Eighteen destinations are participating in the campaign. They are Antigua and Barbuda, Aruba, Bahamas, Barbados, Belize, Bermuda, Dominica, Grenada,
Guyana, Jamaica, Montserrat, St. Kitts and Nevis, St. Lucia, St. Maarten, St. Vincent and the Grenadines, Trinidad and Tobago, Turks and Caicos and the
United States Virgin Islands. 

Contact:
Lorraine J. Ortiz
Communications Director 
Caribbean Hotel Association 
1000 Ponce de León Ave., 5th Floor 
San Juan, PR 00907 
T + 1 787 725 9139, ext. 244 
F + 1 787 725 9108 
[email protected]
www.caribbeanhotels.org

Also See Caribbean Hotel Association Moves Forward to Steer Hospitality Industry Through Crisis / December 2001
M. Alec Sanguinetti Named Director General and CEO of Caribbean Hotel Association / Dec 2002


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