fbpx
Home > Industry News > OBMI Predicts Optimistic Future for Caribbean Luxury Hotels

OBMI Predicts Optimistic Future for Caribbean Luxury Hotels

Caribbean region

Tim Peck, Chairman at OBMI, discussed the future of luxury hospitality at the first annual Caribbean Hotel & Resort Investment Summit (CHRIS) this past February in Miami, Florida.

The presentation titled, "The Future of Luxury Resorts - Can You Still Develop, Invest and Operate at This Level?", in which Peck joined a group of distinctive industry leaders, spoke about the trends expected to shape the industry in the coming years.

As consumers revaluate the meaning of luxury in the face of tougher economic times, the industry is taking a new approach in the design and development of high-end hotels. "Luxury has now become more about choosing authenticity over glamour; the collection of valuable experiences rather than collecting acquisitions," said Peck.  The panel concluded that for the sophisticated hotel industry, this trend provides a welcome opportunity to connect with consumers on a deeper, more personal level and appeal to their view of true value and sense of purpose.

For more information visit www.obmi.com.


comments powered by Disqus

Read More

THE WATERMARK REPRESENTS THE ULTIMATE IN BEACHFRONT LIVING

Presented by the team behind Water’s Edge, The WaterColours and The Residences of Stone...

Read More

RUGS ORIENTAL LAUNCH GLOBAL COLLECTION BAIRIKI

Rugs Oriental is proud to be the first company in the Cayman Islands to launch the global...

Read More

NCB INTRODUCES CURIO COLLECTION BY HILTON

Hilton announces its partnership with NCB Group for the signing of a new Curio Collection...

Read More

CAYMAN VILLAS' NEW WEBSITE

Cayman Villas' new website is now live and allows visitors to easily browse their vast col...

Read More

POOL PATROL OFFERS THE PERFECT SWIM

Want a new pool, but you're limited on space or budget? Starting at only $17000, your fami...

Read More

LIVING.KY LAUNCHES NEW SHOWROOM WITH WIDE VARIETY OF FURNITURE & RUGS

LIVING.KY is unveiling an outstanding display of modern yet comfortable furniture with col...

Read More

KIRK FREEPORT PRESENTS PATEK PHILIPPE TRAVELLING COLLECTION AT EXCLUSIVE EVENT

Kirk Freeport transformed the National Gallery earlier this year creating an evening to re...

Read More

IDG LAUNCHES INTERIOR WINDOW COVERINGS DIVISION

IDG has you covered with the launch of their new interior window coverings division… all...

Read More

LYDIA UZZELL OPENS GEORGE TOWN STOREFRONT

HUIS by Lydia Uzzell has expanded its popular online store to a brick and mortar location...

Read More