Adrian Loveridge

Having spent three full days, from opening until closing, on a stand at the recently concluded Carib Food and Hospitality exhibition, I feel that I can comment fairly objectively about the first of its kind event to be held on Barbados.

First the positive aspects!

Great to see the Barbados Investment and Development Corporation (BIDC) there in force allowing several smaller manufacturers and suppliers to have a presence. Likewise with the British High Commission and its trade development arm, to showcase new and exciting products, either currently not available here or increasing the competitive choice for our hospitality industry.

The networking and co-operation between the various exhibitors was outstanding and I personally never seem to be amazed at just how many of the same challenges we are experiencing, that can be shared, and often at least partially remedied.

It was also very encouraging to see and meet many of our distributors who made the effort to attend to see what new opportunities were on offer.

Now sadly the negatives!

We know from first hand experiences that mounting a show or exhibition as a first of its kind is extremely onerous, often simply from the basic ‘unknown’ components. What will drive meaningful attendance and how can we ensure that the exhibitors get a return on their investment, which in this particular case, was at a substantial cost?

Not just for the space alone, but all the other related expenses incurred with flights, hotel accommodation, local rentals and staffing costs for overseas exhibitors. While our local distributors were well represented, it defies logic that for remainder who couldn’t justify the participation costs, but still opted not to visit, despite free entry and the flexible opening times.

How on earth will they know what their competitors are doing?

Similarly, very few hoteliers and restaurant owners attended, despite the fact that it was an event that was specifically targeted towards them. Especially at a time like this when we are in peril as a destination of losing any competitive price advantage.

Recent additional tax hikes have resulted in even our most loyal repeat clientele considering other holiday choices where they can obtain better value-for-money.

Some may interpret this non-attendance as a form of arrogance and/or indifference by the tourism stakeholders to market sensibility and product quality, particularly when the event takes place in one of our quieter times.

Equally disappointing was the absence of the Small Business Association, Barbados Chamber of Commerce and Barbados Hotel and Tourism Association, both in terms of shared stand occupation and mention on their websites and social media platforms like Facebook of the event.

Likewise with the Barbados Agricultural Development and Marketing Corporation (BADMC) who seem to have missed this opportunity to highlight local offerings.

While there are costs involved for these trade associations, but we as a destination have to offset this against the hotel beds occupied, outside of the peak season, revenue generated for LESC, the many non-national exhibitors I personally spoke to who dined at several restaurants and the various transportation and other services patronized.

No investment was made by either of the state marketing or product entities to the best of my knowledge, other than a token $100 towards signage.

If we any hope of levelling accommodation occupancy and maintaining consistently high arrival numbers to become an attractive year round destination, these trade shows will play a critical part in ensuring that it happens.

54 responses to “The Adrian Loveridge Column – A Critique of the Carib Food and Hospitality Exhibition”

  1. Well Well & Consequences Observing Blogger Avatar
    Well Well & Consequences Observing Blogger

    As if getting 40 years of concessions were not enough, now Stuart/Sandals is involving the real thieves, the crooks from Wall Street, cause he is not liquid enough and got big dreams.

    Just a matter of time before all his hotels are owned by wall street, these are not the sprats he swims with in Barbados, these are sharks…lol

    “Sandals would be smart to keep its stronghold in the Caribbean against increasingly bigger hotel companies that don’t specialize in all-inclusive resorts or the Caribbean region.

    Send
    Sandals Resorts International is looking to Wall Street to help finance as many as a dozen new Caribbean hotels as the luxury resort manager ditches its conservative strategy of building just one project per year and keeping debt right down.

    CEO Adam Stewart, who runs Sandals with his father, Gordon “Butch” Stewart, said the closely-held company is not for sale and has no immediate plans to go public, contrary to rumors. Instead, it’s looking beyond the regional Caribbean banks it has traditionally used, to fund the biggest expansion in its history.

    “We’re open to taking on more debt to build more than on hotel at a time. We want to build three or four hotels a year,” Stewart said in a telephone interview. “We are trying to look for bigger capital to grow. We know exactly what to do and how to do it. But up until now we’ve been restricted by the balance sheet of regional banks.”

    The company, which owns and operates 23 resorts across seven Caribbean islands, is in talks with Deutsche Bank and others to raise money as it weighs the new projects, including four hotels it plans to build next year, Stewart said. While he declined to say how much he is seeking to borrow, the company next year is spending about $375 million to build a 580-room Barbados hotel and around $500 million to construct a resort on the island of Tobago in the southern Caribbean.

    “We’re not looking at $200 million any more,” he said.”


  2. I notice in the paper that there is to be a sick out, last year was a go slow at the airport I am tired of being a pawn in your tourist trap whether its under reporting crime or under reporting seaweed I am tired of this . So when I come down next week I have decided to take a phraze right off the front page of the paper when dealing with the dilemma of how much to tip…..SORRY I AM CLOSED

  3. Well Well & Consequences Observing Blogger Avatar
    Well Well & Consequences Observing Blogger

    Lol….

    There goes any good service ya planned to get, of course ya can always go holiday in trumpland, it’s open for business 24/7.., and the west indian carnival labor day is 1st week in Sept.


  4. Labour day in canada was a chance for people to march for better working conditions unlike you celebrating thinking it was a day for pumping out kids w e have mothers day for that. Service in barbados is hit and miss and is not surprising since as you say all us white people look alike we canadians are probably mistaken for frugal brits. Trumpland ha you probably are ready to kiss his butt since he put cuba on hold

The blogmaster invites you to join the discussion.

Trending

Discover more from Barbados Underground

Subscribe now to keep reading and get access to the full archive.

Continue reading