Latest: News

Sagicor president appeals for more investment in tourism

Published: Monday December 9, 2013 | 12:35 pm Comments 0
Dr Wykeham McNeill (third left); join in the ribbon cutting exercise to officially declare the Jewel Paradise Cove Beach Resort and Spa open, with (from left) Richard Byles, R. Danny Williams (partly hidden), Rich Cortese, John Lynch, and General Manager
Dr Wykeham McNeill (third left); join in the ribbon cutting exercise to officially declare the Jewel Paradise Cove Beach Resort and Spa open, with (from left) Richard Byles, R. Danny Williams (partly hidden), Rich Cortese, John Lynch, and General Manager
Richard Byles - File
Richard Byles - File

The president and chief executive officer of Sagicor, Richard Byles, is appealing to Jamaican entrepreneurs to invest in the local tourist industry.

According to Byles, in the past 18 months, his company has invested more than U$50 million in the sector.

However, he says there is a clear need for further development.

Byles was speaking on the weekend during the official opening of the Jewel Paradise Hotel, the third resort of the brand to be opened in Jamaica.

According to Byles, Sagicorís US$50 million investment in the tourist sector in under two years is a vote of confidence in the local economy.

The new 225-room Jewel Paradise Hotel has pushed to 741 the number of hotel rooms operating under the Jewel brand.

The Tourism Minister Dr Wykeham McNeill, says the nature of the tourism industry dictates that it is approached as a partnership.

He also says Jamaica's tourism sector is performing well mainly because of the unstinting support from committed partners and outstanding team members.

FOR MORE STORIES WATCH:


Like our new Facebook page:
Gleaner Jamaica

Follow us on Twitter:
@JamaicaGleaner

Email: onlinefeedback@gleanerjm.com

Share |

The comments on this page do not necessarily reflect the views of The Gleaner.
The Gleaner reserves the right not to publish comments that may be deemed libelous, derogatory or indecent. Please keep comments short and precise. A maximum of 8 sentences should be the target. Longer responses/comments should be sent to "Letters of the Editor" using the feedback form provided.
blog comments powered by Disqus

Videos

<

Top Jobs

View all Jobs