parris jordan
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 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...
Trending Issues and Challenges Facing Caribbean Hospitality Development
Parris E. Jordan | September 9, 2015
The Caribbean hospitality industry has experienced growth with the re-emergence of all-inclusive hotels and vacation clubs. As operating performances continue to strengthen, more hotel financing opportunities are available for the future. By Parris E. Jordan The Caribbean hospitality industry continues to strengthen as hotel operating fundamentals have exhibited continuous growth following the global economic downturn that began in the last decade. The Caribbean hotel market has shown steady improvements in average rate, occupancy and RevPAR since 2010. As STR shares, Caribbean-wide average daily rate increased every year since 2011 and...