Sophistication of all-inclusive resort model grows
Investors today are more comfortable with the thought of developing all-inclusive resorts, whereas 10 years ago that wasn't the case
Paula Cerrillo, director of development for the Carribbean at Marriott International, said during a panel discussion at the Caribbean Hotel & Resort Investment Summit that this assurance has to do with the growing sophistication of the all-inclusive business model.
Key takeaways
- The business model has evolved from a vertically integrated type of model to now you have the strength of the brands and the big distribution platforms;
- More investors who are looking at developing all-inclusive hotels are gravitating toward the brands for management.
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