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Bahamas secures grant to enhance tourism product

The Bahamas has been chosen by Royal Caribbean Cruises Ltd as one of three priority cruise destinations to receive a matching grant to participate in the Sustainable Destination Alliance for the Americas initiative. Director general of tourism Joy Jibrilu (pictured) will attend the OAS 22nd Inter-American Congress of Ministers and High-Level Authorities of Tourism in Barbados this month. (Photo by Derek Smith)

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TheBahamasInvestor.com
Wednesday, September 3, 2014
Wednesday, September 3, 2014

The Bahamas has been chosen by Royal Caribbean Cruises Ltd (RCL) as one of three priority cruise destinations to receive a matching grant to participate in the Sustainable Destination Alliance for the Americas (SDAA) initiative.


RCL collaborated with mutual partners at Sustainable Travel International, Organization of American States (OAS) and Caribbean Tourism Organization to create the SDAA, which is an initiative that aims to greatly enhance how tourism is managed at a destination level.

The initiative aims to improve each jurisdiciton’s future prospects and ability to compete by embedding sustainability into destination strategies and day-to-day management and marketing.

Director general of tourism Joy Jibrilu, who will attend the OAS 22nd Inter-American Congress of Ministers and High-Level Authorities of Tourism in Barbados, this month, says sustainable development is something of which The Bahamas is cognizant because the country is a Small Island Developing State.

She says that one of the important features of the initiative is the attention it will be giving to the port in Nassau: “The port is where the majority of the approximately five million tourists arrive, and so, whatever we can do to improve, grow and ultimately sustain the port in an environmentally responsible way, will benefit everyone including the visitors, cruise lines and Bahamians.”

Tourism provides an estimated 60 per cent of gross domestic product and employs about half the Bahamian work force.

Moody’s investor service yesterday lowered The Bahamas government’s credit rating by one notch to Baa2, and issued a stable outlook for the credit assessment. Read the Ministry of Finance's response here.

Philip Davis, Deputy Prime Minister and Minister of Works and Urban Development of The Bahamas, spoke at the 3rd International Conference on Small Island Developing States (SIDS), Samoa 2014.

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