Yachting
sets Sail
plans for the future is all about calculated expansion, meeting the demands of the local market and staying very involved in event tourism. “From a business point of view Marine Event tourism has a huge amount of potential that ultimately benefits the Gov’t Treasury. The spend during fishing tournament and sailing week is simply amazing. The next most important thing out of these events is that everyone tells all their friends about Grenada, so the word of mouth advertising is huge. This has as much value as the actual spending money here,” says George. “So It’s a momentum that we do not want to stop. Ultimately though George believes the direct foreign investment in to Grenada sends the loudest signals to the rest of the world. “When a company like C&N buys a 100 % stake in a marina here that tells you something. They are not just a fly by night Marina but are the most prestigious Marina company in The World. They have chosen Grenada and with them Grenada has already had visits from some of the top ten Superyachts on the planet, owned by the richest people in the world. Its indicators like this that give you an idea of where Grenada is heading as long as we keep pushing on a path towards excellence.” www.businessgrenada.com
PHOTO: TONY MCQUILKIN
as holiday makers in hotel rooms but with the growth of yachting everyone can see that the visiting yachtsmen who spends 3 months here, is also a tourist who tends to spread their money out throughout the economy. So Government has listened to industry advice and have implemented measures to make the destination very favourable for yachtsmen I fully support their actions. So I think that we here in Grenada are definitely on the right track.” Budget Marine says its
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