Caribbean Ecotourism Yields Economic Rewards for Investors

Released on: October 9, 2008, 5:49 pm

Press Release Author: Caribbean Land and Property

Industry: Real Estate

Press Release Summary: Real Estate for Ecotourism Supports Caribbean Sustainable
Development

Press Release Body: The Caribbean is well known for its tourism based on sun, sea
and sand but in recent years the region has also developed a niche market of
ecotourism. This sector is expanding annually to meet the demand of the more
ecologically conscious traveler. With real estate available in 26 different
Caribbean countries, Caribbean Land and Property are offering services to assist
those looking to make this investment and locate the right place to suit their
needs.

Caribbean Land and Property's International Property advisor, Wini Dean advises that
"At present, ecotourism development is a market that is far from being saturated and
it is an ideal arena for savvy investors." For many years Ecolodges have been
transforming their image from rugged and basic camps to high end luxury
accommodation. Some of the best in the region are charging five star rates and
potential investors are seeing that these establishments are making economic as well
as ecological sense.

Dominica Property advisor, Lisette Stevens, says that "Running an ecolodge or
eco-resort is an ideal business for those who want to relocate to the Caribbean and
at the same time give back to nature and the local community." One of the properties
Stevens is currently selling is an established eco-spa business. She explains that
"the property is set within one acre of landscaped gardens, in a perfect location
next to a large river and with approx. 400 feet of river frontage. The spa and guest
cottages generally run at around 70% occupancy all year round, with very little
promotion."

Since 2002 world tourism arrivals have grown by 23% and are forecast to double by
2020. There are concerted efforts by all stakeholders to decrease the negative
environmental and social effects of the industry. The most recent World Tourism Day
in Lima Peru on 27th September 2008 was held under the theme "Tourism Responding to
the Challenge of Climate Change." This event signaled that even mainstream tourism
is realizing that it must become more sensitive to the environment.

According to 2005 report by the Center on Ecotourism and Sustainable Development
(CESD) and The International Ecotourism Society (TIES), "Many travelers seek out
pristine environments to visit, and it is important to the vast majority of them
that their trip not damage local ecosystems. They are interested in patronizing
hotels that are committed to protecting the local environment, and increasingly view
local environmental and social stewardship as a responsibility of the businesses
they support." Today, forecasters of the industry predict that with increasing
public sensitization to environmental issues, tourism facilities that do not
incorporate some ecologically beneficial standards, will be left behind in the
coming years.

In meetings to discuss the future of the region, Caribbean heads of government have
been looking for ways to sustain the tourism industry in the face of global
challenges. With a desire to have tourism continue to be a viable and lasting
contribution to the economy of small island states, there is increased financial
backing for eco-initiatives through government subsidies, concessions and loans
through private banks.

With hundreds of suitable properties available, Caribbean Land and Property are
motivated and ready to help those looking for eco-developments in the Caribbean
region and support the growth of environmentally and socially responsible tourism.


Web Site: http://www.caribbeanlandandproperty.com

Contact Details: terri@caribbeanlandandproperty.com
www.caribbeanlandandproperty.com
+1 767 449 0599
c/o Design Management Limited, PO 1789, Roseau, Commonwealth of Dominica

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