Showing posts with label cuba. Show all posts
Showing posts with label cuba. Show all posts

Friday, July 10, 2015

Cuba and the Cayman Islands Concerns Grow With Prospect of U.S. Presence

Already, American corporations are poised to rush into a country only 90 miles from Florida’s shores.In March, a delegation from the U.S. Agriculture Coalition for Cuba, an agribusiness group that includes Cargill, the National Grain and Feed Association, the National Chicken Council and other companies and organizations, flew to Havana to meet with Cuban officials.

And cruise ship companies and hotel chains like Marriott and Hilton have indicated their enthusiasm. "I can’t stop thinking about it," Frank Del Rio, chief executive officer of Norwegian Cruise Line Holdings, said in an interview. "Cuba and the cruise industry are just a match made in heaven, waiting to happen. More

The question for the Cayman Islands, who is considering constructing a new cruise ship dock, is how will the opening of Cuba affect cruise traffic to George Town?

I argue that an Economic Study is needed, in addition to the Environmental Impact Assesment (EIA), to analyse the economics of the cruise business to the Cayman Islands as a whole. This study should compare the financial benefits of stay-over tourism, with the extension of Owen Roberts International Airport (ORIA) to 10.000' feet allowing the handling of long-haul direct flights from Europe, East Asia (China, Japan, South Korea) and the Persian Gulf. It may be possible to turn ORIA into the air-hub of the Western Caribbean with Cayman Airways actually turning a profit as a regional carrier. Editor

 

Tuesday, June 30, 2015

Warning over Cuba emergence

Cayman among countries most impacted, report says

The emergence of Cuba as a rival for tourists and investment dollars will change the travel landscape in the Caribbean forever, industry leaders have warned.

“The likelihood that cruise lines will drop some existing ports to accommodate Cuba port visits is real and the proximity of Cuba to the U.S. mainland can allow for Cuba to be easily added to a schedule that can impact itineraries to near markets such as the Bahamas, the Cayman Islands, and Jamaica,” the report says.

Caribbean tourism officials are pushing for a new partnership with the U.S. amid growing concern that the thawing of relations with Cuba will have drastic consequences for neighboring islands.

“The biggest and most disruptive pebble to be dropped into the Caribbean pool in fifty years will arrive with the opening of travel to Cuba for United States citizens,” the Caribbean Hotel & Tourism Association warns in a position paper.

The association says islands closest to Cuba, including the Cayman Islands, are likely to suffer the “greatest ripple effects.”

The association is looking to create a Caribbean Basin Tourism Initiative to help boost investment and travel across the region with help from the U.S. The initiative calls for technical and policy support from the U.S. to ensure the stability of tourism-based economies in the region if U.S. tourists are, as expected, allowed to visit Cuba after a 50-year embargo.

“While U.S. tour, airline and cruise executives are eyeing the tourism potential of the long-forbidden paradise 90 miles south of Key West, Florida, conflicted stakeholders throughout the wider Caribbean have legitimate concerns [over] whether there will be a level playing field and whether the rest of the region will grow tourism arrivals or lose tourism investments and arrivals as they divert to Cuba,” said Caribbean Hotel & Tourism Association President Emil Lee. More

If the Cayman Islands builds a new cruise dock, destroying many dive sites in the vicinity of George Town in the process, and the islands then see some cruise lines deserting the Cayman Islands for Cuban ports where will we be then? Should these islands be developing stay-over tourism and extending the existing runway to direct accomodate long-haul flights from Europe, the Midle East and East Asia?

Editor

 

Monday, April 20, 2015

VII Summit of the Americas - Panama - 2015

"I can say with all sincerity that the essence of my policy is to do whatever I can to make sure that the people of Cuba are able to prosper and live in freedom and security, and enjoy a connection with the world where their incredible talents and ingenuity and hard work can thrive." — President Obama with President Castro