Just a couple of weeks before the start of the Caribbean Hotel Investment Caribbean Hotel Investment Conference & Operations Summit (CHICOS)& Operations Summit (CHICOS), event Chairman Parris Jordan is enthusiastic about the upcoming 11th edition of the conference to be held at the Hilton La Romana All-Inclusive Resort in the Dominican Republic November 9–11, 2022.
“The Caribbean market is recovering strongly, as shown by the substantial increases to RevPAR thus far in 2022,” says Jordan. “This recovery is attracting a lot of equity investors and debt providers to the market, driving investment bolstered by leisure demand. The market continues to show resilience despite the challenges faced during the relatively active 2022 hurricane season, which bodes well for the region.”
The theme of the 2022 event, Resiliency, Creating Opportunities out of Challenges, will gather over 300 hotel investors and operators to explore the challenges, winning strategies, and opportunities of the sector. Panel discussions led by industry leaders and executives will reflect on how the industry and Caribbean region are moving forward and identify key trends they are seeing for the future. Additionally, equity investors and debt providers will share their key takeaways for investment in the region. The panels will also discuss trends of luxury and branded residential products, the successful all-inclusive model, and changes to the Caribbean lodging market since the pandemic, among many other topics.
“This is an exciting time to explore real opportunities for hospitality growth in the Caribbean. Playa Hotels & Resorts is thrilled to be hosting the event for the first time and looks forward to participating in lively discussions among our industry peers on how to drive this destination while being open to change, including the need for resiliency. We are honored to have our guests join us at the Hilton La Romana All-Inclusive Resort as an example of excellence in all-inclusive property management, which was able to re-open just weeks after a hurricane,” said Bruce D. Wardinski, who serves as Chairman, Chief Executive Officer, and Director of Playa Hotels & Resorts. “Stellar property management in the face of climate-related challenges is just one of the benefits of a branded, all-inclusive resort, and we are pleased to explore smart learnings with our hospitality peers at CHICOS.”