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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...

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...

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