BCQS Attends Annual Caribbean Hotel & Resort Investment Summit

Last week, the BCQS team participated in the annual Caribbean Hotel & Resort Investment Summit (CHRIS), held from April 22-23, 2024, at the Loews Coral Gables Hotel in Miami, FL. Recognised as the premier hotel investment conference for the Caribbean, CHRIS serves as an excellent platform for industry professionals to connect, share insights, and explore regional investment opportunities.

The summit provided key insights into the Caribbean tourism sector’s robust performance, showcasing its exceptional resilience. It surpassed pre-pandemic growth levels and outperformed other regions in the Americas, thereby reaffirming its status as a leading destination for tourists.

More than 400 delegates attended, including top executives, investors, and developers, reflecting the diverse and dynamic nature of the hospitality sector in the Caribbean. The summit’s agenda was packed with high-level discussions, providing BCQS team members with invaluable opportunities to gain insights into emerging trends and investment opportunities.

Session Highlights

BCQS’s participation was highlighted through their involvement in several key sessions:

  • Ownership – Branding: This breakout session, moderated by Rosie Nicholls, Director at BCQS, delved into the evolving landscape of hotel ownership and branding strategies in the Caribbean.
  • Caribbean Capital – Active Equity Sources: Moderated by Sanjay Amin, Director at BCQS, this session explored the various sources of equity and investment flowing into the Caribbean, emphasising innovative financing solutions.
  • Views From the Boardroom – Round Two: A plenary session led by Simon Taylor, Director at BCQS, provided strategic insights from top industry leaders on navigating the complex Caribbean hospitality market.

 

Industry Growth and Development

The conference highlighted the exponential growth in visitor arrivals and hotel KPI’s such as occupancy and ADR. The introduction of ultra-luxury properties and an increase in midscale and select-service offerings reflect the maturation and robust growth trajectory of the Caribbean hotel market.

Liam Day, Managing Director, commented on the summit: “Attending CHRIS allowed us to engage with industry leaders, facilitating collaborations on key projects across the region. This summit highlighted the vast investment potential of our territory and reinforced our commitment to sustainable development.”

The Caribbean Hotel & Resort Investment Summit continues to be a beacon for fostering regional tourism and investment, driving forward the hospitality industry with innovative ideas and collaborative efforts. BCQS’s participation underscores their ongoing commitment to contributing to the sustainable development of the Caribbean’s hospitality sector.

 

Learn more about CHRIS here>

Photo L-R: Liam Day, Managing Director - BCQS International; Rosie Nicholls, Director and Head of Valuation Services - BCQS International; Sanjay Amin, Director - BCQS International; Ben Butler, Director - BCQS International; Simon Taylor, Director - BCQS International
Photo L-R: Rosie Nicholls, Director and Head of Valuation Services - BCQS International; Carolina Lacerda, Senior Manager & Practice Leader for Latin America - EY; Carolina Escolan, Senior Director - Caribbean and Latin America, Hilton; Maria Carolina Da Silveira Pinheiro, VP, Development LATAMC - Wyndham Hotels & Resorts
Photo L-R: Ali Elam, Managing Director - Fortress Investment Group; Gregory Habeeb, President, North America - WorldHotels; Andy Ingraham, President, Founder & CEO - NABHOOD; Nicola Madden-Greig, President - CHTA; Simon Taylor, Director - BCQS International
Photo L-R: Nicolas Valle, VP, Development & Investment - Playa Hotels & Resorts; Katherine Button, VP, Asset Management & Investments - Mullen Real Estate Capital; William Stadler, Managing Director - Aimbridge Hospitality; Sanjay Amin, Director - BCQS International