SAN JUAN, Puerto Rico, CMC:
THE FINDINGS of a European Union study of the investment opportunities in the tourism sector in the Caribbean will highlight the annual tripartite meeting between government, industry, and the investment community at the Caribbean Hotel & Tourism Investment Conference (CHTIC 2004) in May, according to the organisers.
The eighth annual CHTIC conference from May 11-13 will be held in Jamaica and is being organised by the Caribbean Hotel Association (CHA) in conjunction with the Caribbean Tourism Organisation (CTO), Burba Hotel Network (BHN), the Jamaica Hotel & Tourism Association, and the Jamaica Tourist Board.
The study is being conducted by ProInvest, a programme 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 co-operation 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.
The organisers said that CHTIC 2004 would feature a host of renowned experts in the finance, development, and tourism fields.
More than 200 delegates from the Caribbean and the European Union have been invited to attend the meeting, which will also offer a platform to discuss projects and to negotiate partnership agreements, the organisers said.
