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Economy | TOURISM

Provide grants and concessionary loans for the upgrading of small hotels and villas and assist them in developing programmes for advertising and marketing

In progress

Source: Jamaica Labour Party Manifesto pg.35 February 18, 2016

Wednesday June 15, 2016 | Jamaica Gleaner

Gov't Working On Funding Support For Small Hotels

According to Bartlett, the players are crucial to Brand Jamaica experience by tourists.

He says the tourism ministry is in discussions with the EXIM Bank with a view to having a Memorandum of Understanding to provide small- and medium-size hotels with loans of up to $25 million at five per cent interest, over five years.

The tourism minister also says the ministry is working towards a similar funding agreement to other stakeholders in the tourism sub-sectors such as transportation.