2013News

Hoteliers: governments should eliminate barriers

In order to strengthen the tourist industry in the Caribbean, it is necessary for governments to eliminate the bureaucratic barriers and the legal obstacles for obtaining permits for constructing large hotel complexes. Hoteliers from across the region are also calling for some way to guarantee judicial security for the capital investors. This was, according to El Nuevo Diario, just one of the conclusions at the Third Caribbean Hotel and Tourism Investment Conference (CHICOS 2013) which was held at the Hard Rock Hotel in Punta Cana last week (Thursday 7 – Friday 8 November). Panels of experts and lawyers agreed that governments have to provide healthy investment climates – according to the reality of each nation – in order to allow the development of large-scale tourism projects. One suggestion was the creation of a special arbitration court that could solve legal problems faced by investors, “because no one can fight with a State in its own courts.” The conference suggested that governments should make every effort to prevent disputes with hotel chains, offer incentives for more than 10 years, as well as eliminate taxes and tariffs on machinery for use in the construction of hotel projects.