Published on : Tuesday, September 5, 2017
The Caribbean Hotel and Tourism Association (CHTA) has praised the efforts by the region’s public and private sectors for growing tourism. However, it also cautioned against the inherent risks if the sectors do not work more closely together to resolve the differences.
The organization issued a call for more effective collaboration on Sunday, 27th August. It pointed to tourism’s immense contribution to employment, entrepreneurial activity, tax revenues and its untapped potential to grow and develop to the benefit of the Caribbean’s people, governments and the industry.
The Caribbean is the most tourism-dependent region in the world and it generates more than 80 percent of GDP in some jurisdictions. The CHTA said that tourism’s contribution to the region’s economy cannot be ignored.
Frank Comito, the Director General and CEO of CHTA, said that a healthy investment climate and investor confidence are linked directly to good governance and sound business practice.
To quote Comito, “Any discourse which casts aspersions on the motives of government or maligns our tourism industry players and their significant contributions to socio-economic development cannot be good for our region. While we may tend to think of ourselves as individual companies or countries, many investors look at the Caribbean as one, so what happens in one destination, positive or negative, can reflect on the entire Caribbean.”
Expressing concerns about situations where the public and private sectors do not see eye-to-eye, Comito was confident that all parties, today and in the future, will rise above their differences to work together towards a common goal.