Daily Archives: August 27, 2012

We must maintain our coastal walking paths or lose an important niche market: hikers and walkers

Local construction company ruins walking trail

by Adrian Loveridge, small hotel owner

Recently the current Minister of Tourism so rightly reminded us that Niche Markets play an absolutely critical role in our overall tourism industry. And protecting these special interest areas is fundamental to the sector’s long term survival and development.

Just about ten years ago, a prominent local businessman, persuaded Britain’s largest tour operator specialising in walking tours to consider including Barbados in their programme. A week or so later, the chief executive officer and his wife were on a plane and we had the pleasure to host them and personally escort the couple on a number of island walks. Frankly at that stage, I had neither the confidence or knowledge to even consider acting as a walk leader, and I will be eternally grateful to the late Dr. Colin Hudson for his invaluable assistance in ensuring that the itinerary was attractive from a clients point of view and practically operational.

Next year, multi award winning HF Holidays will celebrate a century in business and still operate to Barbados, which became one of its best selling worldwide destinations. During our decade, while accommodating their customers, some returned up to seven times. Quite a remarkable accolade, especially when you view the choice of destinations they offer.

That success led to the company’s biggest competitor, Ramblers, also including Barbados in their offerings together with a number of walking clubs in North America.

Like other niche markets, the price of the holiday is almost always not the primary consideration, as the traveller is looking for a ‘unique’ experience, which rarely can be provided by the standard off-the-shelf tour operator. Continue reading

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Filed under Barbados, Barbados Tourism

“Masterpiece of deception” will extinguish all rights of CLICO Executive Flexible Premium Annuity (EFPA) holders

The NEL2 Con

by David Walker
Santa Rosa Consulting Team

“Of course all of this is against our laws here in T&T. The company continues to trade while insolvent – illegal. The company has not produced accounts for years – illegal. The company flouts a judgement of the court requiring it to pay according to contract – illegal. Policyholders are denied access even to their own statements of account – illegal. And the list goes on.”

Here we are, at what the authorities hope will be the two closing acts of the tragedy known as CLICO. Firstly there is a final push, through a device going by the name of NEL2, to extinguish all rights and claims of EFPA holders. Secondly we shall witness the winding up and consignment to the dustbin of history, that once all powerful company called CLICO, along with all its books and records.

This article is headlined NEL2 Con but you will have to bear with us while we explain the context in which the con is to be executed. It would be impossible to achieve this masterpiece of deception without all that went before it.

“What we will show you is that many apparently unconnected acts or omissions over the past three years have been for the clear and narrow purpose of facilitating their devious objectives.”

A deliberate program of financial misinformation Continue reading

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Filed under Consumer Issues, Corruption