CHTIC 2004 could open doors for European investors

19th Jan 2004

The findings of a European Union study of the investment opportunities in the tourism sector in the Caribbean will open the annual tripartite meeting between government, industry, and the investment community at the upcoming Caribbean Hotel & Tourism Investment Conference (CHTIC 2004).  The eighth annual edition of the event will be held May 11-13, 2004, at The Ritz Carlton Rose Hall, in Montego Bay, Jamaica, presented by the Caribbean Hotel Association (CHA), in conjunction with the Caribbean Tourism Organization (CTO), Burba Hotel Network (BHN), Jamaica Hotel & Tourism Association, and the Jamaica Tourist Board.The study is being conducted by ProInvest, a program of the Group of African, Caribbean, and Pacific (ACP) States and the European Commission for the promotion of investment and technology transfer to the ACP countries, in cooperation with CHA.It is the first component of a series of activities presented by ProInvest, in conjunction with CHA, CTO, the World Tourism Travel Council (WTTC) and the International Hotel and Restaurant Association (IH&RA), called Partnership Roles & Opportunities for Investors in Tourism (P.R.O.F.I.T. in the Caribbean).  PROFIT in the Caribbean will identify a range of new Caribbean business projects of particular interest to European partners and investors.  It will also promote partnership and investment opportunities in the tourism sector, bringing together European and Caribbean business enterprises.In the tradition of CHTIC, the event will again feature a host of renowned experts in the finance, development, and tourism fields. CHTIC has the specific objectives of improving the tourism investment and operating climate across the region; making the investment community aware of the development opportunities available in the Caribbean; and stimulating a continuing flow of both equity and loan capital into the region.The event has grown to become the most important annual event for those interested in investing in one of the world’s most beautiful and exciting regions…the Caribbean.


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