chicos
Sun, Sand, Sea, and Luxury: The Rebound of Barbados Following COVID-19
Kristina M. D'Amico | May 16, 2024
By Kristina M. D'Amico Barbados is an independent English-speaking Commonwealth country and the easternmost island of the Caribbean. It is one of the most mature tourist destinations in the Caribbean. The island is known for offering some of the most serene beaches in the world, as well as an abundance of dining options, local shopping experiences, outstanding golf courses, and numerous other attractions. According to Barbados Tourism Marketing Inc. (BTMI), approximately 80% of visitors to the island come for vacation or tourism purposes. The following graph shows the historical stopover visitation data for Barbados. Number of Stopove...
The Development Boom in the Dominican Republic
CHICOS 2022 | April 5, 2022
By Kristina M. D'Amico Historical Demand to the Dominican Republic The Dominican Republic is one of the fastest growing economies in the Caribbean and the most popular tourist destination in the Caribbean region. Its tropical climate, white-sand beaches, diverse mountainous landscape, and colonial history attracts visitors from around the world. The country has 28 provinces spread across six main regions, with the East & Southeast region, which encompasses the cities of Punta Cana and Bávaro, serving as the most popular tourist destination and offering nearly 50% of all hotel rooms in the country. Over the last 20 ye...
CHICOS 2018 to Kick Off With Charitable Soccer Showdown Between Caribbean Hotel Consultants and Investors
CHICOS | October 24, 2018
October 24, 2018 – In response to years of prodding from the attendees, speakers and sponsors of the Caribbean Hotel Investment Conference & Operations Summit (CHICOS), the 2018 event will, for the first time, feature a scheduled soccer match between host organization HVS and rival consultancy KPMG. Professionals from other firms will also participate among the two (loosely!) organized teams. "What better way to add adrenaline and bring camaraderie to a group of business professionals than with a heated and perhaps even competitive soccer match?" remarks Parris E. Jordan, Chair of CHICOS. "Conference attendees have reached out...
Q&A With Mr. Parris Jordan, Chairman, Caribbean Hotel Investment Conference & Operations Summit (CHICOS)
Parris Jordan | September 4, 2018
Hotel Online recently spoke with Parris Jordan, Chairman of the Caribbean Hotel Investment Conference and Operations Summit. Parris passion for the region stems from his native Trinidad and his desire to bring his hospitality education and career for positive development and tourism to the entire area. As a senior consultant with industry leader HVS for 15 years, his expertise in project development, financing and hotel ownership has evolved. He is also keenly interested in sustainability and the opportunities to maintain a respect for individual islands which make up the Caribbean. Here, Parris discusses his insights coming off a year ...
HVS Key Takeaways: CHICOS 2017
Kristina M. D'Amico | November 27, 2017
By Kristina M. D'Amico and Kristin Rinaudo With U.S. and global attention focused on the Caribbean region following two record-breaking hurricanes that hurled through the region in September, the timing of CHICOS less than two months later opened the door to educated conversations within our industry. Interestingly, the dialog was hardly identifiable with the sensationalist news headlines and misrepresentations in the media that the Caribbean is somehow pulverized, as the 2017 Atlantic hurricane season winds down. Rather, attendees agreed that there is a need to educate the public on the geography of the region, and conversations de...
Market Pulse: Bermuda, the Host Island for CHICOS 2017
Kristina M. D'Amico | August 4, 2017
By Kristina M. D'Amico Known for its iconic pink-sand beaches, the island of Bermuda is nestled in the North Atlantic Ocean, just 650 miles east off the coast of North Carolina. Most associate the island as part of the Caribbean, but Bermuda is actually located hundreds of miles to the north. Less than a two-hour flight from New York, Bermuda is an ideal tourist destination with mild temperatures and a unique culture, growing in popularity among younger, experiential travelers and hotel investors. The following article provides an overview of economic drivers, market dynamics, and future hotel growth in Bermuda, where there is a sur...
HVS Key Takeaways: CHICOS 2016
Kristin Rinaudo | December 6, 2016
By Kristin Rinaudo , Parris Jordan HVS recently held its 6th annual Caribbean Hotel Investment Conference and Operating Summit (CHICOS) at the Ritz-Carlton in San Juan, Puerto Rico. Hotel developers, investors, operators, lenders, brand representatives, and government leaders came armed with questions and information on the prospects for the region's hotel industry. Here are some key takeaways. While the Zika virus has affected the region's hotel performance in 2016, it appears that the worst is behind us. Media coverage and perceptions of the mosquito-borne Zika virus have negatively affected the Caribbean hotel market in 2016, causing...
