Minister of Tourism, Edmund Bartlett, has continued to advocate for the importance of tourism-dependent destinations owning the supply side of the industry to increase investments and earnings.
Speaking at the International Tourism and Investment Conference Global Tourism Investment Summit in London yesterday, the Minister highlighted that owning the supply side has the potential to create favourable conditions for investors and to retain more of the foreign exchange earned locally from the industry.
Minister Bartlett says tourism owns nothing yet depends on every other sector and industry to operate, and this is where it can capitalise on increasing the earnings.
He says farmers, manufacturers, and creatives can supply the increasing demands within tourism with their goods and services and earn more, leading to a greater retention of the dollar.