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CHA sets comprehensive line-up of sessions, speakers for CHTIC 2008
Friday, February 22, 2008
The Caribbean Hotel Association (CHA) has confirmed a number of speakers and panelists for the 12th annual Caribbean Hotel & Tourism Investment Conference (CHTIC), May 6-8, 2008. The event will take place at the modern conference center in the newly-developed Hyatt Regency Trinidad, targeting lenders and those seeking to invest in the Caribbean with informative plenary sessions on the financial aspects of Caribbean hospitality, with a new emphasis this year on “Going Green.”

CHTIC will begin at 6pm on May 6, with opening keynote addresses from CHA President, Peter Odle, Caribbean Tourism Organization (CTO) Chairman, Senator the Hon. Allen M. Chastanet, and local representatives. The Opening Reception will start at 7pm and provide delegates with a delightful experience of authentic Trinidadian hospitality.

CHA has lined up a comprehensive program of workshops and sessions over the course of May 7-8.

The plenary session, The Outlook For The Caribbean, will begin on May 7, featuring expert speakers: Warren Jestin, Senior Vice President & Chief Economist, Scotiabank; Simon J. S. Townend, Partner, KPMG Corporate Finances; David F. Larone, Director, PKF Consulting; and Duane T. Vinson, Vice President, Smith Travel Research. Moderated by James Burba, President, Burba Hotel Network, the panelists will address current forecasts for the economy and hotel industry, and take a special look at the capital markets with a focus on lenders as well as investors and equity.

In line with the increased emphasis of “green” practices in the tourism industry, CHA is featuring a series of Going Green-themed Breakout Sessions focusing on the financial aspects of operating an environmentally-safe hotel or tourism business.

Sessions include:

Other Breakout Sessions include:

CHA is also planning a number of Development Track Workshops, providing information in an interactive environment, including:

Theodore Koumelis - Friday, February 22, 2008
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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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