International financiers see Jamaica as a top destination for hotel developments and are willing to back investors rolling out projects here, a new KPMG survey has found.
The institutions surveyed have a total exposure to the industry in the region of over US$2.58 billion and are physically represented throughout all major English and Spanish-speaking countries, the Dutch Caribbean and Central America, the auditing and research company said.
The findings of the KPMG 'Caribbean Region Financing Survey', released Wednesday at the Caribbean Hotel and Tourism Investment Conference in San Juan, Puerto Rico, placed Jamaica in the top three most-favoured investment destinations, according to KPMG partner Simon Townend.
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