Barbados Welcomes CHTIC 2005, a Key Event for Tourism Business

The Sherbourne Conference Center in Barbados has been the venue Monday and Tuesday of the Caribbean Hotel and Tourism Investment Conference (CHTIC) and PROFIT Partnership Meeting, designed to promote partnership and investment opportunities in the region´s hospitality industry.

The main objective of the event, whose main organizer is the Caribbean Hotel Association (CHA), is to create a sustainable forum for bringing together business partners from the European Union and third countries to promote investment in and development of the tourism sector in the ACP Caribbean.

PROFIT will provide a major business-to-business event for the Caribbean tourism sector with special support for small, medium and large scale businesses to present projects to potential European investors and partners during pre-scheduled business appointments.

The meetings are geared to find ground for cooperation in search for funding sources, assistance in marketing, developing market surveys/feasibility studies, technology and know-how transfer, and management/staff training.

PROFIT is sponsored by Pro€Invest, a program of the Group of African, Caribbean, and Pacific (ACP) States and the European Commission. PRO€INVEST operates a Management Unit within the Centre for the Development of Enterprise (CDE) under the supervision of the EuropeAid Office of the European Commission.