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Caribbean’s tourism industry gears up for the top event of the year
Monday, December 24, 2007

The Bahamas is ready to welcome the members of the Caribbean hotel and tourism industry for Caribbean Marketplace 2008, to be held January 13-15, 2008, at Atlantis Paradise Island. The event is the most important annual sales and marketing opportunity in the region for Caribbean tourism. The 2008 edition of Caribbean Marketplace is presented by the Caribbean Hotel Association (CHA), with the support of the Bahamas Ministry of Tourism and Aviation and the Bahamas Hotel Association.

The venue is generating much anticipation among buyers who look forward to visiting the new world-class conference center at Atlantis Paradise Island. 2008 marks the seventh edition of Caribbean Marketplace hosted by the Bahamas.

Preliminary figures show just over 300 buyers registered to date, surpassing registration figures for the same period the previous year. These buyers are wholesalers, incentive buyers, meeting planners, group buyers and dive shop owners from around the world, who have been invited to attend Caribbean Marketplace based on their proven capability or potential to sell the Caribbean as a destination. The event gives them a one-stop venue to meet face-to-face with a range of suppliers from across the region, representing the Caribbean’s intimate inns, guesthouses and villas, business, meetings and incentive products, time-sharing, all-inclusive and hotel chains from the whole Caribbean region.

Continuing the upward trend, almost 800 private and public sector tourism representatives from 36 Caribbean destinations – from Anguilla to the United States Virgin Islands – have registered. They will spend two days of pre-scheduled business appointments, discussing existing contracts, developing packages, and contracting for future business with the international buyers.

Beyond networking, Caribbean Marketplace is above all business-making. One of the primary reasons that Caribbean Marketplace is successful and productive for its participants, year after year, is the active participation of the international buyers in the Matchmaker© appointment scheduling process which matches Buyer and Supplier requests.

Theodore Koumelis - Monday, December 24, 2007
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Poll
How do you expect luxury travel to perform in times of economic downturn?.

Providers of luxury travel products are going to witness shorter stays by their customers and an increase in seasonality.

People are going to become more value conscious and will opt for those luxury offers that represent a convincing value-for-money proposition. Providers of overpriced services are those to feel the pinch.

Both people paying for their personal trips and firms paying for their top executives' business trips will cut back on travel expenses, thus affecting all luxury travel providers.

It is going to be business as usual. Those people opting for high-end travel products are not going to be affected by the looming crisis.

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