T&T welcomes new Sheraton hotel to be constructed near to airport

Hubertus Jan van der Vaart, Co-founder and Chief Investment Officer of SEAF (far right), Natale V. Barranco, Director of Prestige Hotels Ltd, and Principal of Urban Architects PLLC (second from right); Tamarco G. Edwards, Director of Prestige Hotels Ltd, and Deputy Chairman of STAGES Group (right of Minister Mitchell); Randall Mitchell, Minister of Tourism, Culture and the Arts (middle); Rohan Sinanan, Minister of Works & Transport (left of Minister).

Trinidad and Tobago is set to welcome a new hotel within close proximity to the Piarco International Airport.
The sod turning for the construction of the new Four Points by Sheraton Hotel was held on November 2 at the North Aviation Business Park, Piarco International Airport.
The $156 million Hotel Project by the internationally renowned Sheraton Brand will add 153 high-quality rooms to the country’s existing hotel room stock when completed.
During his address, Randall Mitchell, Minister of Tourism, Culture and the Arts thanked the hotel chain for choosing to invest in Trinidad and Tobago.
He highlighted the pivotal role the hotel will play in attracting foreign exchange and creating employment and anticipated that the project will provide an estimated 500 new jobs during the construction phase and hundreds more during the operational phase.
“We are on track to returning the Tourism Sector’s contribution to GDP and we are happy for the jobs and further economic opportunities that this project holds for the people of Trinidad and Tobago," he said to the audience that included Rohan Sinanan, Minister of Works and  Transport; and  Tamarco G. Edwards, Director of Prestige Hotels Ltd, and Deputy Chairman of STAGES Group.
Minister Mitchell emphasised the Ministry’s commitment to continue supporting Hotel Accommodation and Tourism Projects through incentives offered under the Tourism Development Act, Chapter 87:22 (TDA) which facilitates both the development of new hotel room stock and the improvement of existing room stock.
The Act, which is administered by the Ministry of Tourism, Culture and the Arts, provides for benefits to be granted to the owners/operators of various types of tourism projects that contribute to the growth and expansion of the industry.
The coming onstream of the Four Points by Sheraton Hotel forms part of Trinidad and Tobago’s larger thrust to build economic resilience within the travel and tourism sector through the development of the first airport city within the Caribbean.
Trinidad and Tobago’s Four Points by Sheraton Hotel will be the third of its kind within the Caribbean region, and the first to be managed by Marriott Select Brands, the leading hotel group in the world. (Source:  The Loop, Nov 3, 2022)