The Tribune

Scotiabank is sponsoring a major Caribbean hotel investment conference at Atlantis this week as part of what it says is a renewed focus on hospitality lending across the region.

The Canadian-owned bank, in a statement, said it is a sponsor of the Caribbean Hotel Investment Conference & Operations Summit (CHICOS), which is taking place from November 10-12 on Paradise Island. It plans to use the summit to engage with developers, investors and industry leaders on financing opportunities that support the continued growth of the region's tourism sector.

Abraham Sanchez Obaldia, Caribbean managing director for Scotiabank, will participate in the conference's Lenders Panel on November 12, joining senior representatives from regional and international financial institutions to explore hospitality financing and investment opportunities.

With the Caribbean's hospitality sector continuing to grow, Scotiabank said it remains committed to standing alongside the developers, investors and operators who are shaping it. It plans to pair 70 years of experience in The Bahamas with a renewed focus on greater support for the hospitality sector across the region.