January 15, 2008


 

Ten things about Non Disturbance Agreements
Non disturbance agreements or NDAs govern the relationship between a hotel owner, hotel operator and financier.  In the situation where a hotel owner defaults under its loan agreement, the financier has a right to take control of the operation of the hotel as a result of that default. The contractual relationships between the owner and the operator are generally not enforceable against the hotel owner's financier.  From a hotel operator's perspective, an NDA is an important document because it provides the hotel operator a direct contractual relationship with the hotel owner's financier... go > (Source: ehotelier.com)


Landmark inclusion of tourism in Caribbean Economic Partnership Agreement with Europe
During negotiations it was agreed between CARIFORUM and the EU to include Tourism as a chapter within the agreement rather than a separate annex - a positive development given that tourism itself has never been included as a separately considered sector in any regional trading agreement in the past.  In the final agreement there are comprehensive rules for the tourism sector including those to safeguard the interests of the mainly small firms in the Caribbean by preventing large firms from behaving in an anti-competitive manner.  Read David Jessop’s article reviewing the landmark inclusion of tourism in the Caribbean EPA... go > (downloadable pdf file)


Hotelier's 2008 top ten internet marketing resolutions
Whether you are a major hotel brand, hotel management company, independent or franchised hotel or resort, you can stay well ahead of your competitors and capture new market share with an effective Internet Marketing Strategy. Smart and proactive hoteliers who utilize best practices in Internet marketing, and follow latest trends to their own advantage will define the industry winners and losers in 2008 and over the long term... go >  (Source: Hotel Industry News)


CHA Weekly News is produced by the Caribbean Hotel Association for its membership. Please submit all comments to Lorraine Ortiz-Valcárcel in CHA - 1000 Ponce de León Ave., 5th Floor, San Juan, Puerto Rico 00907; T: 787.725.9139 / F: 787.725.9108 / E: lortiz@caribbeanhotelassociation.com

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Coming up
Caribbean Hotel and Tourism Investment Conference
CHTIC 2008
May 6-8, 2008
Hyatt Regency Trinidad

Member corner
The St. Vincent and the Grenadines Tourism Authority requires a suitable professional to fill the position of CEO; new embarkation tax goes into effect in Anguilla; Puerto Rico revives booking bonus; new tourist guide seeks to accelerate marketing of Guyana's nature-based tourism product...
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Carbon Footprint logo

Newly-coined: carbon neutral
(KAHR-buhn NOO-truhl, NYOO-) adjective.  Adding no net carbon dioxide into the atmosphere. Being carbon-neutral doesn't necessarily mean producing zero carbon dioxide. What it means is that the net addition is zero, offset by other actions, such as planting trees, buying clean energy, etc. And it doesn't have to be all or nothing. If you cannot be completely carbon-neutral, you can definitely reduce your carbon footprint.  Calculate your carbon footprint: http://carbonfoot
print.com/calculator.

aspx (Source: CMEx)