Country courting African American hotel owners and investor
The Bahamas is continuing its push to court new hotel investment in the country and is now courting African American hotel owners.
Tourism Minister and Deputy Prime Minister Chester Cooper sought to woo the hotel owners when he addressed the just concluded 25th Annual International African American Hotel Ownership & Investment Summit & Trade Show.
He was joined by leaders from a number of hotel brands in the Caribbean.
Cooper advised that “in recent years, The Bahamas has benefitted from close to $3 billion in foreign direct investment. Development projects have ranged from mega resorts, marinas and attractions to boutique hotels. This ongoing development activity is a strong indicator of one thing — investor confidence”.
He added that The Bahamas is projecting continued growth in visitor arrivals in the months ahead, based on positive hotel bookings. There has been a significant increase in airlift fueled by pent-up demand for travel.
“The Bahamas has in place all the prime conditions conducive to propelling economic growth, in the short to medium and long term. I invite you to come to The Bahamas, invest and grow with us.”
Chester Cooper, deputy prime minister and tourism minister for The Bahamas
“Currently, there are direct or one-stop flights to The Bahamas from every major region of the United States,” Deputy Cooper said while highlighting that The Bahamas “has in place all the prime conditions conducive to propelling economic growth, in the short to medium and long term. I invite you to come to The Bahamas, invest and grow with us”.
Cooper, in his closing remarks, encouraged all attendees to invest in The Bahamas.
“The Bahamas has in place all the prime conditions conducive to propelling economic growth, in the short to medium and long term. I invite you to come to The Bahamas, invest and grow with us.”
The National Association of Black Hotel Owners, Operators and Developers’ (NABHOOD) mission is to create wealth within diverse communities by increasing the number of minorities developing, managing, operating, and owning hotels, while expanding vendor opportunities and executive level jobs.
NABHOOD’s mission is to “create wealth within diverse communities by increasing the number of minorities developing, managing, operating, and owning hotels, while expanding vendor opportunities and executive level jobs”.
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