GUYANA is one of 23 Caribbean countries featured in the new edition of the Caribbean Tourism & Hospitality Investment Guide, a publication of the Caribbean Tourism Organisation (CTO).

The publication showcases a wide range of investment opportunities in the tourism and hospitality sector in CTO member states, and lists incentives that Caribbean Governments are offering to attract new business.

Tourism Ministers from across the region attending CTO business meetings during the recent Caribbean Week events in New York, received copies of the publication.

Guyana’s Consul-General in New York, Barbara Atherly, and Director of the Guyana Tourism Authority (GTA), Indranauth Haralsingh, were presented with copies of the publication.

The Investment Guide includes information on the performance of the region’s tourism industry with highlights from the CTO Secretary-General, Hugh Riley, and Acting Director of Research, Ryan Skeete. It also provides an outlook for the region’s hotel sector.

The publication features new investments in the region’s tourism and hospitality sector. New properties in The Bahamas, Barbados, Antigua and Barbuda, Jamaica, Saint Lucia, Grenada, Turks and Caicos Islands and The Cayman Islands, are showcased.

“The Caribbean has a strong competitive advantage due to our natural and physical resources, and is ripe for new hotel and tourism infrastructure projects. There are opportunities for investments in airports, seaports and shopping centres, as well as unique tourism products such as outfitting heritage sites with modern technology and clean energy sources,” CTO Secretary-General Hugh Riley said.

The Investment Guide, published every two years, is produced by Marketing, Communications and Investment Promotion Specialist, Sandra Ann Baptiste.
“CTO member countries are also seeking investment to expand the medical tourism and health and wellness sectors. There are investment opportunities for new restaurants and cafes, sports tourism facilities and new convention centres, yachting and marine services, new attractions, river and land transportation services, and to develop the creative industries,” Baptiste said in the editorial.

The Investment Guide will be distributed at the 2017 Caribbean Hotel Investment Conference and Operations Summit (CHICOS) to be held in Bermuda and hosted by HVS, and at the Miami Conference on the Caribbean and Central America, organised by Caribbean Central America Action (CCAA).

The guide is one of the projects of the New York-based CTO,USA Inc. office headed by Sylma Brown-Bramble.