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Daily regional news summary from Cuba!: The source for the latest news throughout Cuba and Caribbean.

Cloud Carib Ranked Among top third World’s Most Elite 501 Managed Service Providers

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12th Annual MSP 501 Identifies Top Forward-Thinking Global MSPs & Leading Trends in Managed Services.

CARIBPR WIRE, BRIDGETOWN, Barbados, July 18, 2019: Cloud Carib has been named as one of the world’s premier managed service providers on the prestigious 12th-annual Channel Futures MSP 501 rankings. Coming in above all other providers in the Caribbean and Latin America, and #160 out of 501 managed service providers worldwide, there’s a lot to be proud of for The Bahamas owned and headquartered company.

Every year, MSPs worldwide complete an extensive survey and application to report their product offerings, growth rates, annual total and recurring revenues, pricing structures, revenue mix and more. MSPs were ranked according to a unique methodology that weights revenue figures according to how well the applicant’s business strategy anticipates trends in the fast-evolving channel ecosystem.

Channel Futures is pleased to name Cloud Carib to the 2019 MSP 501.

“We’re honored to be awarded #160 out of the top 501 MSPs worldwide, and to be the highest rated in both the Caribbean and Latin American regions,” said Scott MacKenzie, CEO, Cloud Carib. “We’re proud to be recognized on a global scale and take it as further evidence that we’re helping transform this region and establishing the Bahamas as a tech hub of the region. Every year more MSPs enter the market and competition gets fiercer, our ranking demonstrates our dedication to our client’s business needs, our thirst for innovation and forward thinking as well as our ability to compete on a global scale”.

In the 12 years since its inception, the MSP 501 has evolved from a competitive ranking list into a vibrant group of service providers, vendors, distributors, consultants and industry analysts working together to define the growing managed service opportunity.

“The 2019 MSP 501 winners are the most elite, innovative and strategic IT service providers on the planet, and they stand as a model of excellence in the industry,” says Kris Blackmon, Content Director of Channel Partners and Channel Futures and lead of the MSP 501 program. “As the MSP 501 Community grows, leagues of managed service providers learn from the successes of these winning companies, gaining insight into the best practices, strategies and technologies that elevate an MSP to the level of the 501 winners. Our heartfelt congratulations to the 2019 winners and gratitude to the thousands of MSPs that have contributed to the continuing growth and success of both the 501 and the thriving managed services sector.”

In addition to deciding the rankings, the survey drives the creation of an annual in-depth study of business and technology trends in the IT channel, released each year at the Channel Partners Evolution conference. The full MSP 501 Report leverages applicant responses, interviews with industry experts and historical data to give a well-rounded picture of the managed services opportunity.

The complete 2019 MSP 501 list is available at Channel Futures.

About Cloud Carib
Cloud Carib is the region’s premier provider of managed cloud services founded upon the principles of delivering quality, agility, and value for every client. Solutions range from complex bespoke dedicated private cloud offerings to hybrid cloud services. Every solution provides clients with controlled costs, unrivaled levels of service, and unparalleled levels of data protection and privacy – when and where privacy matters.

Cloud Carib clasificada entre los tres principales Proveedores de Servicios Gestionados 501 de mayor elite en el mundo

La duodécima MSP 501 anual identifica los principales MSPs visionarios & las tendencias líderes mundiales en servicios gestionados

CARIBPR WIRE BRIDGETOWN, Barbados, July 18, 2019: Cloud Carib fue nombrada como uno de los principales proveedores de servicios gestionados del mundo en la prestigiosa duodécima clasificación anual Channel Futures MSP 501. Posicionándose en primer lugar entre todos los proveedores en el Caribe y América Latina, y #160 entre 501 proveedores de servicios gestionados en todo el mundo, hay mucho para estar orgullosos de la empresa de propiedad y con sede en Las Bahamas.

Cada año, los MSPs en todo el mundo completan una extensiva encuesta y solicitud para informar sus ofertas de producto, tasas de crecimiento y utilidades recurrentes, estructuras de precios, mezcla de utilidades y más. Los MSPs fueron clasificados de acuerdo a una metodología exclusiva que pondera las cifras de utilidades según el resultado que la estrategia de negocios del participante anticipa las tendencias en el ecosistema de canal de rápida evolución.

Channel Futures se complace en nombrar a Cloud Carib para la MSP 501 de 2019.

“Nos honra ser galardonados #160 entre los top 501 MSPs en todo el mundo, y tener las más alta clasificación en las regiones del Caribe y América Latina”, dijo Scott MacKenzie, director ejecutivo de Cloud Carib. “Nos enorgullece ser reconocidos a escala global y tener aún mayor evidencia de que estamos ayudando a transformar esta región y estableciendo Las Bahamas como un centro tecnológico en la región. Cada año más MSPs penetran al mercado y la competencia se vuelve cada vez más fuerte, nuestra clasificación demuestra nuestra dedicación a las necesidades de nuestros clientes, nuestra sed de innovación y visión futura, así como nuestra capacidad para competir a una escala global”.

En los doce años desde sus inicios, la MSP 501 ha evolucionado desde una lista de clasificación competitiva a un grupo energético de proveedores de servicios, distribuidores, consultores y analistas de la industria que trabajan conjuntamente para definir la creciente demanda de la oportunidad de servicios gestionados.

“Los ganadores de MSP 501 de 2019 son los proveedores de servicios de IT de mayor elite, innovadores y estratégicos en el planeta, y están catalogados como un modelo de excelencia en la industria”, dice Kris Blackmon, director de contenido de Channel Partners y Channel Futures y líder del programa MSP 501. “A medida que crece la comunidad MSP 501, las ligas de proveedores de servicios gestionados aprenden de los éxitos de estas compañías ganadoras, obteniendo una perspectiva de las mejores prácticas, estrategias y tecnologías que elevan un MSP al nivel de los ganadores 501. Nuestras más sinceras felicitaciones para los ganadores de 2019 y nuestra gratitud a los miles de MSPs que han contribuido al continuo crecimiento y éxito del programa 501, así como del próspero sector de servicios gestionados”.

Además de decidir las clasificaciones, la encuesta conduce la creación de un estudio profundo anual de las tendencias de negocios y tecnología en el canal de IT, publicado cada año en la conferencia Channel Partners Evolution. El informe completo MSP 501 utiliza las respuestas del solicitante, entrevistas con expertos de la industria y datos históricas para proporcionar un cuatro completo de la oportunidad de servicios gestionados.

La lista complete de MSP 501 de 2019 está disponible en Channel Futures.

Acerca de Cloud Carib
Cloud Carib es el principal proveedor de servicios gestionados en la nube de la región y se basa en los principios de ofrecer calidad, agilidad y valor para para cada uno de sus clientes. Las soluciones van desde ofertas complejas personalizadas de nube privada a servicios de nube híbrida. Cada solución proporciona a los clientes costos controlados, niveles de servicio inigualables y niveles de protección de datos y privacidad incomparables: cuando y donde la privacidad importa.

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PaySett Corporation expands its regional payment partnership with JMMB Group of Trinidad & Tobago

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PaySett’s market proven PayBank® payments solution will contribute to the growth of electronic payments in Trinidad & Tobago.

ATLANTA and PORT OF SPAIN, Trinidad and Tobago, July 17, 2019 /PRNewswire-HISPANIC PR WIRE/ – PaySett Corporation, a global provider of ePayment solutions and JMMB Group, announced today an expansion of their partnership to continue to drive up electronic payments adoption in the Caribbean region.

www.paysett.com

Jesus Garcia, VP of Business Development, commented, “Regional financial institutions like JMMB rely on PayBank® to process a large volume of electronic payments from multiple banking channels which creates efficiencies that reduce operational costs while providing more innovative services to their customer base.”  PayBank’s robust feature set and adaptability across payment systems in many different countries allows global and regional banks to standardize their payment processing in a global environment. These capabilities allow for fast deployment of new payment innovations on a global basis.  PayBank® is part of a suite of products from PaySett that allows for the processing of both consumer and corporate payments in a real time or batch environment.  Mr. Garcia further commented, “For over a decade, JMMB has relied on PaySett’s solutions for their payment processing needs and we look forward to further collaboration in the region.”

Lisa-Maria Alexander, Chief Marketing Officer at JMMB Group also commented, “We are really pleased to partner with PaySett in bringing increased efficiency and innovation to our clients here in Trinidad & Tobago.”

About PaySett Corporation

Atlanta, Georgia based PaySett Corporation is a global provider of payment software solutions. PaySett provides products/services to assist global financial entities to effectively manage the way money moves throughout their organizations and for their customers. PaySett’s two decades of experience moving payments through national and international payment networks has allowed for the development of advance payment software for assisting global banks with the capability to enhance their regional and global payment network processing capabilities.  Fifteen of the top twenty global banks process payments through PaySett software.

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PaySett Corporation expands its regional payment partnership with JMMB Group of Trinidad & Tobago

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PaySett’s market proven PayBank® payments solution will contribute to the growth of electronic payments in Trinidad & Tobago.

ATLANTA and PORT OF SPAIN, Trinidad and Tobago, July 17, 2019 /PRNewswire-HISPANIC PR WIRE/ – PaySett Corporation, a global provider of ePayment solutions and JMMB Group, announced today an expansion of their partnership to continue to drive up electronic payments adoption in the Caribbean region.

www.paysett.com

Jesus Garcia, VP of Business Development, commented, “Regional financial institutions like JMMB rely on PayBank® to process a large volume of electronic payments from multiple banking channels which creates efficiencies that reduce operational costs while providing more innovative services to their customer base.”  PayBank’s robust feature set and adaptability across payment systems in many different countries allows global and regional banks to standardize their payment processing in a global environment. These capabilities allow for fast deployment of new payment innovations on a global basis.  PayBank® is part of a suite of products from PaySett that allows for the processing of both consumer and corporate payments in a real time or batch environment.  Mr. Garcia further commented, “For over a decade, JMMB has relied on PaySett’s solutions for their payment processing needs and we look forward to further collaboration in the region.”

Lisa-Maria Alexander, Chief Marketing Officer at JMMB Group also commented, “We are really pleased to partner with PaySett in bringing increased efficiency and innovation to our clients here in Trinidad & Tobago.”

About PaySett Corporation

Atlanta, Georgia based PaySett Corporation is a global provider of payment software solutions. PaySett provides products/services to assist global financial entities to effectively manage the way money moves throughout their organizations and for their customers. PaySett’s two decades of experience moving payments through national and international payment networks has allowed for the development of advance payment software for assisting global banks with the capability to enhance their regional and global payment network processing capabilities.  Fifteen of the top twenty global banks process payments through PaySett software.

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The Shore Club Turks And Caicos Named #1 Resort In The Caribbean, Bermuda And Bahamas In Travel + Leisure Magazine

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Meredith Corporation’s travel authority reveals 2019 “World’s Best” list, spotlighting best hotels around the world

NEW YORK, July 10, 2019 /PRNewswire-HISPANIC PR WIRE/ – Travel + Leisure magazine announced the results of its annual World’s Best Awards, with The Shore Club Turks and Caicos named #1 in the category of Top 25 Resort Hotels in the Caribbean, Bermuda, and the Bahamas. This is the first time in recent years that a Turks & Caicos resort has received top honors.

As the first and only resort on Long Bay Beach in Providenciales, The Shore Club has opened to major acclaim in the last two years, receiving praise and positive feedback from guests, travelers, industry professionals and media. Alongside the 106 ocean-view suites with private verandas and four luxury Villas, four pools, 820 feet of beachfront, a Dune Spa and Wellness Center, water sports, Japanese-Peruvian cuisine, the luxury resort stands apart due to its unbeatable location on the world’s best beach and engaging and anticipatory service.

Every year, Travel + Leisure showcases the top travel destinations and companies around the globe as rated by its readers as the World’s Best. Readers share their favorite cities, hotels, resorts, spas, restaurants, and experiences around the world, culminating in the World’s Best list, and earning a spot is considered a high honor in the hotel industry.

“We’ve been thrilled with the positive response to The Shore Club since opening in 2017, and the honor of being named as ‘best’ in the Caribbean is truly the cherry on top,” says Stan Hartling, hotel owner and CEO of The Hartling Group. “What sets The Shore Club apart is the active and vibrant energy that is felt immediately when arriving to the resort, and we thank our team and staff for bringing the island flair to each and every personalized stay.”

With upcoming events such as the Turks & Caicos Islands Film Festival and new Villa openings later this year, The Shore Club remains one of the most sought-after places to stay in the Caribbean. In addition to the highest accolade in that category, The Shore Club was also ranked #30 in the Top 100 Hotels in World. Its sister property, The Palms Turks and Caicos was also listed in the Top 25 Resort Hotels in the Caribbean, Bermuda, and the Bahamas as #13.

“For 24 years, our readers have been voting in the Travel + Leisure World’s Best Awards. This annual franchise is a global collection of the top hotels, islands, cities, cruise lines, airlines, and more,” says Editor-in-Chief Jacqueline Gifford. “Brands and properties from all over the world—from Peru to Japan, India to Italy, and right here at home in the United States—are recognized by our audience because they deliver on exceptional experiences, rooted in a sense of place. I congratulate all of this year’s winners, who have worked so hard to be among the world’s best.”

The 2019 World’s Best Awards lists, as well as survey methodology, are currently featured on www.travelandleisure.com/worldsbest and will appear in the August issue of the magazine.

About Travel + Leisure
Travel + Leisure is the preeminent voice for the sophisticated traveler, serving up expert intelligence and the most immersive, inspiring travel lifestyle content anywhere. Travel + Leisure captures the joy of discovering the pleasures the world has to offer—from art and design to shopping and style to food and drink—and offers compelling reasons to get up and go. With a total global audience of more than 15 million, the Travel + Leisure portfolio includes the U.S. flagship and four international editions in China, India, Mexico, and Southeast Asia. The U.S. edition of T+L, which launched in 1971, is the only monthly consumer travel magazine in print in the U.S., has an authoritative website, TravelandLeisure.com, and an extensive social media following of more than 13 million. Travel + Leisure also encompasses newsletters and media collaborations.

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Baltimore On His Mind – Dr. Monty Alexander Returns To ‘Charm City’

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Dr. Monty Alexander, CD.

Dr. Monty Alexander, CD.

CaribPR Wire, NEW YORK, NY, Tues.  July 9, 2019: Jamaica’s world-renowned jazz maestro, Dr. Monty Alexander, has Baltimore on his mind this summer.

Dr. Alexander returns to the ‘Charm City’ for a four-night performance at Baltimore’s premiere music venue, Keystone Korner at 1350 Lancaster Street Baltimore, MD 21231 from July 18th-21st.

The Grammy-nominated international musician will be joined for this performance by bassist J.J. Shakur and drummer Jason Brown. The concert is sure to take fans through a musical journey within Alexander’s own ‘brand of jazz’ that features not just traditional jazz that purists have come to know and love but the rhythm of his homeland, including calypso, reggae, mento and other island music. As with his performances, fans are sure to get into the beat while jazz purists are certain to be baptized into true fans of ‘Alexander’s jazz’

Tickets for the shows start at US$30 can be obtained here. Showtime on opening night, Thursday, July 18th, is 7 and 9 p.m., respectively while performances for Friday and Saturday July 19th and July 20th are starts at 7:30 and 9:30 p.m., respectively. On Sunday, July 21st, fans can catch Alexander’s performances at 5 p.m. and 7 p.m.

Alexander, CD, late last year received an honorary Doctorate of Letters of the University of the West Indies Mona Campus. Born Montgomery Bernard Alexander on D-Day in Kingston, Jamaica in 1944, the musical virtuoso has five decades of performances and over 70 CDs under his belt.  Alexander began his musical career at age four by playing Christmas carols by ear. He is now most widely known as an upper echelon master of the swinging piano trio function as he has demonstrated with several top-shelf groups, including iconic units with bassist John Clayton and drummer Jeff Hamilton, and with the legendary bassist Ray Brown and guitarist Herb Ellis.

Dr. Alexander also performs frequently with Harlem-Kingston Express, a double trio in which he coalesces his love for hard-swinging jazz with musical flavors that reflect his Jamaican heritage, shifting between an acoustic trio and master Jamaican practitioners of electric bass and drums.

At 75, he continues to tour the world relentlessly with various projects, delighting a global audience drawn to his vibrant personality and soulful message.

For more on Dr. Monty Alexander and his amazing brand of jazz, visit him on YouTube or at montyalexander.com. You can also like him on Facebook at facebook.com/officialmontyalexander or keep up to date on his performance on Twitter at @montyHKE.

MEDIA CONTACT:

Felicia Persaud

Hard Beat Communications

718-476-3616

felicia@caribpr.com

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The Cayman Islands Investment Group Ltd. Announces Availability of Cryptocay.ky

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It’s Time to Trade in Paradise!

GEORGE TOWN, Cayman Islands, July 5, 2019 /PRNewswire/ — Today,  The Cayman Islands Investment Group Ltd. announced immediate availability of Cryptocay.ky, enabling traders of all levels of expertise to immediately register and use the Digital Asset Trading platform.

CryptoCay logo

“We are truly excited to release this platform to the world.” said Malcolm Hurlston, Chief Marketing Officer at The Cayman Islands Investment Group Ltd..

Many Countries, One Goal

Many consumers interested in the cryptocurrency world have showed keen interest in the latest platform coming to the shores of the Cayman Islands. Recent studies have shown that as the general media becomes more and more aware of cryptocurrency business, the Caribbean has been taking a closer look at the possibilities of Cryptocommerce.

“Cryptocay.ky is just the beginning of adaptation in the Caribbean,” continued Mr, Hurlston. “We want to become the central hub for everything crypto-related in the Caribbean. We at CIIG are dedicated to creating new products that benefit the investors and entrepreneurs of the future, including an ERC-20 based Money Transfer system!”

Cryptocay.ky Availability

Cryptocay.ky is immediately available for sign up today! Just visit www.cryptocay.ky. For more info on the Cayman Islands Investment Group Ltd., businesses and consumers can visit www.ciig.ky

Founded in 2018,  The Cayman Islands Investment Group is a Registered Company in the Cayman Islands. The company offers a wide range of products and services designed to develop the entrepreneurial economy of the Cayman Islands and beyond.

The Cayman Islands Investment Group Ltd. and Cryptocay.ky are either registered trademarks or trademarks of The Cayman Islands Investment Group Ltd. in the Cayman Islands and/or other countries.

The names of actual companies and products mentioned herein may be the trademarks of their respective owners.

For more information on Cryptocay.ky: www.cryptocay.ky

Logo – https://mma.prnewswire.com/media/838272/CryptoCay_Logo.jpg

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The Cayman Islands Investment Group Ltd. Announces Availability of Cryptocay.ky

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It’s Time to Trade in Paradise!

GEORGE TOWN, Cayman Islands, July 5, 2019 /PRNewswire/ — Today,  The Cayman Islands Investment Group Ltd. announced immediate availability of Cryptocay.ky, enabling traders of all levels of expertise to immediately register and use the Digital Asset Trading platform.

CryptoCay logo

“We are truly excited to release this platform to the world.” said Malcolm Hurlston, Chief Marketing Officer at The Cayman Islands Investment Group Ltd..

Many Countries, One Goal

Many consumers interested in the cryptocurrency world have showed keen interest in the latest platform coming to the shores of the Cayman Islands. Recent studies have shown that as the general media becomes more and more aware of cryptocurrency business, the Caribbean has been taking a closer look at the possibilities of Cryptocommerce.

“Cryptocay.ky is just the beginning of adaptation in the Caribbean,” continued Mr, Hurlston. “We want to become the central hub for everything crypto-related in the Caribbean. We at CIIG are dedicated to creating new products that benefit the investors and entrepreneurs of the future, including an ERC-20 based Money Transfer system!”

Cryptocay.ky Availability

Cryptocay.ky is immediately available for sign up today! Just visit www.cryptocay.ky. For more info on the Cayman Islands Investment Group Ltd., businesses and consumers can visit www.ciig.ky

Founded in 2018,  The Cayman Islands Investment Group is a Registered Company in the Cayman Islands. The company offers a wide range of products and services designed to develop the entrepreneurial economy of the Cayman Islands and beyond.

The Cayman Islands Investment Group Ltd. and Cryptocay.ky are either registered trademarks or trademarks of The Cayman Islands Investment Group Ltd. in the Cayman Islands and/or other countries.

The names of actual companies and products mentioned herein may be the trademarks of their respective owners.

For more information on Cryptocay.ky: www.cryptocay.ky

Logo – https://mma.prnewswire.com/media/838272/CryptoCay_Logo.jpg

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Tuskegee Airmen Elect Dominican-Born President & Features Jamaican-Born Aerospace Engineer

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tuskeegg

FOR IMMEDIATE RELEASE

New Tuskegee Airmen ECCTAI President, Gabriel J. Christian, and Keynote Speaker Robert Rashford Bring Caribbean Leaders to Forefront

Tuskegee-Youth-Fundraiser

CaribPR Wire, WASHINGTON, Thursday, June 27, 2019: On December 1, 2018, Gabriel J. Christian, Esq., became the first Caribbean-born President of the Tuskegee Airmen East Coast Chapter.

This summer, Christian led the Tuskegee Airmen by organizing and hosting a historic fundraising event which featured two prominent Caribbean nationals during its 2019 Tuskegee Youth In Aviation Breakfast Fundraiser on May 25th in Oxon Hill, Maryland.

The theme for this year’s fundraiser event was ‘Honoring the Legacy of Excellence’ as featured on CBS News (WUSA9) in Washington, D.C. The full news feature is available on CBS online at https://on.wusa9.com/2J9tIzi.

The East Coast Chapter of Tuskegee Airmen, Inc,. (ECCTAI), is the largest and most active chapter in the national organization and brings together — in the spirit of friendship and goodwill — all who share in the aspirations and successes of the men and women who pioneered military aviation in the Tuskegee Airmen; a group of Black military pilots who fought in World War II.

As the newly elected President of ECCTAI, Gabriel J. Christian, a native islander from The Commonwealth of Dominica, is the first Caribbean-born President to serve in this role. Keeping the legacy of his father, Wendell McKenzie Christian, who was a British Army World War II veteran.

Christian is an attorney, an author, and a long-standing and active volunteer member of ECCTAI for over a decade whilst also serving as Lead Counsel at his Bowie-based law practice: The Maryland Law Offices of Gabriel J. Christian & Associates. Having been raised by a decorated fireman father and a dutiful mother who impressed upon him the importance of civil services, Christian seeks to preserve the legacy of the proud Tuskegee Airmen. “Their successes expanded the bounds of freedom and equality for all people, at home and abroad.”

The event’s keynote speaker, Jamaican-native islander, Robert Rashford, is an internationally known aerospace engineer who makes tools for use in outer space. His wide-ranging work has earned him many awards. This includes four awards from NASA for his work on the Upper Atmosphere Research Satellite and the Hubble Space Telescope. He also received an award for Excellence in Science and Technology from the Institute of Caribbean Studies.

Today, he says to young people: “Expect challenges in your life; if you have no challenges, you do not live- use each one to motivate you to achieve great things.”

Rashford’s stellar accomplishments and focus on encouraging today’s youth to challenge themselves made him the ideal choice for Keynote during the event. “At a time when space exploration is key to the survival of our species, our scholarship program helps fund activities that promote aerospace and youth leadership development, especially in the areas of science, technology, engineering, and mathematics,” said Christian.

ECCTAI is dedicated to fostering recognition of and preserving the history of Black achievements in aviation, and to inspiring and motivating young men and women toward endeavors in aviation and aerospace careers.

For more on ECCTAI and to start making a difference, log on to http://ecctai.org/.

###

REFERENCES

CaribNation TV News Feature of Tuskegee Airmen Youth in Aviation Event

CBS News Feature of Tuskegee Airmen

https://on.wusa9.com/2J9tIzi

https://www.wusa9.com/video/opinion/editorials/off-script/tuskegee-airmen-work-to-get-teens-interested-in-aviation-stem/65-cb75b160-7da0-4ad4-8644-48731dfbefa6

Tuskegee Airmen Photo Gallery

https://ecctai.smugmug.com/2019-ECCTAI-YOUTH-RECOGNITION-BREAKFAST-FUNDRAISER/

Tuskegee Airmen ECCTAI – President’s Message

http://ecctai.org/presidents-message

Robert Rashford Bio

http://icons.niherst.gov.tt/icon/robert-rashford-ci1/

Wendell M. Christian Obituary

https://www.legacy.com/obituaries/washingtonpost/obituary.aspx?n=wendell-m-christian&pid=154037173

PRESS CONTACT:

Above Prestige Public Relations

Office: 202-670-6489

Email: info@AbovePrestigePR.com

www.AbovePrestigePR.com

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Holistica, a new joint venture, innovates destination development for evolving world

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‘Win-win-win’ for communities, travelers and multiple cruise lines is the goal of partnership between Royal Caribbean Cruises Ltd. and ITM Group

MIAMI, June 24, 2019 /PRNewswire-HISPANIC PR WIRE/ — Two respected leaders in the travel and tourism industry, Royal Caribbean Cruises Ltd. (NYSE: RCL) and privately-held ITM Group, are teaming to form a new destination company, to be called Holistica.

Holistica_logo

Holistica will create an inclusive model for destination development that works holistically – thus the name – to meet the needs of coastal communities, local governments, and land, sea, and air travelers.

“The continuing growth and rising popularity of cruise vacations make it clear that the sustainable development of coastal destinations, including the thoughtful evolution of existing ones, is in the travel industry’s best interest,” said Michael Bayley of RCL. “We have spent five decades learning what works and what doesn’t, and we know the potential of strategic development to deliver extraordinary guest experiences and meet the needs of local communities.”

Mauricio Hamui of ITM Group said: “A well-designed destination brings economic benefits to communities and cultural enrichment to travelers, while creating the least possible disruption to the human and natural environment. There is a way to do these projects inclusively, collaboratively, and sustainably – and those are the characteristics this new partnership is meant to embody.”

Holistica Destinations, Ltd. will be a 50-50 partnership between RCL and ITM Group. The partners have commenced a search for a CEO for the new company, which will be headquartered in Miami.

Holistica’s first project: a $275 million development in Freeport, The Bahamas, was originated by RCL and ITM and is currently under review by the Bahamian government. Centered on the regeneration of the Grand Lucayan resort, the project includes ambitious plans for local ownership, employment, job training, community investment and sustainable construction practices.

In addition to the Freeport project, the companies said the new venture will own and operate destinations in Costa Maya, Mexico; Roatan, Honduras; and Kumamoto, Japan. These projects, among others, will serve 8 million visitors annually, and be accessible to all travelers, including land and air vacationers and guests of multiple cruise lines. Holistica is also engaged in discussions regarding multiple existing and proposed destinations around the world.

“The timing is right for a venture of this type,” said Hamui. “A collaborative development approach, paired with meaningful private financial resources, gives local destinations the opportunity to grow the right way.”

Added Bayley: “Having more destinations, and developing them in a responsible manner, gives travelers greater vacation quality, and expands the landscape of available travel options as the tourism industry grows.”

Royal Caribbean Cruises Ltd. (NYSE: RCL) is a global cruise vacation company that controls and operates four global brands: Royal Caribbean International, Celebrity Cruises, Azamara Club Cruises and Silversea Cruises. We are also a 50 percent joint venture owner of the German brand TUI Cruises and a 49 percent shareholder in the Spanish brand Pullmantur Cruceros. Together, these brands operate a combined total of 61 ships with an additional 15 on order as of March 31, 2019. They operate diverse itineraries around the world that call on all seven continents. Additional information can be found on www.rclcorporate.com.

Based in Cancun, ITM GROUP is a private Mexican company with more than 30 years experience developing high quality tourism and entertainment infrastructure, as well as real estate. It has built and operated more than six cruise ports in Mexico and the Caribbean, using the tailor-made sustainable technology needed to create, develop and consolidate integrated tourism destinations.

Logo_ITM_Group
RCL_Logo

Photo – https://mma.prnewswire.com/media/927191/Holistica_logo.jpg

Photo – https://mma.prnewswire.com/media/927192/Logo_ITM_Group.jpg

Logo – https://mma.prnewswire.com/media/677715/RCL_Logo.jpg

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Holistica, a new joint venture, innovates destination development for evolving world

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‘Win-win-win’ for communities, travelers and multiple cruise lines is the goal of partnership between Royal Caribbean Cruises Ltd. and ITM Group

MIAMI, June 24, 2019 /PRNewswire-HISPANIC PR WIRE/ — Two respected leaders in the travel and tourism industry, Royal Caribbean Cruises Ltd. (NYSE: RCL) and privately-held ITM Group, are teaming to form a new destination company, to be called Holistica.

Holistica_logo

Holistica will create an inclusive model for destination development that works holistically – thus the name – to meet the needs of coastal communities, local governments, and land, sea, and air travelers.

“The continuing growth and rising popularity of cruise vacations make it clear that the sustainable development of coastal destinations, including the thoughtful evolution of existing ones, is in the travel industry’s best interest,” said Michael Bayley of RCL. “We have spent five decades learning what works and what doesn’t, and we know the potential of strategic development to deliver extraordinary guest experiences and meet the needs of local communities.”

Mauricio Hamui of ITM Group said: “A well-designed destination brings economic benefits to communities and cultural enrichment to travelers, while creating the least possible disruption to the human and natural environment. There is a way to do these projects inclusively, collaboratively, and sustainably – and those are the characteristics this new partnership is meant to embody.”

Holistica Destinations, Ltd. will be a 50-50 partnership between RCL and ITM Group. The partners have commenced a search for a CEO for the new company, which will be headquartered in Miami.

Holistica’s first project: a $275 million development in Freeport, The Bahamas, was originated by RCL and ITM and is currently under review by the Bahamian government. Centered on the regeneration of the Grand Lucayan resort, the project includes ambitious plans for local ownership, employment, job training, community investment and sustainable construction practices.

In addition to the Freeport project, the companies said the new venture will own and operate destinations in Costa Maya, Mexico; Roatan, Honduras; and Kumamoto, Japan. These projects, among others, will serve 8 million visitors annually, and be accessible to all travelers, including land and air vacationers and guests of multiple cruise lines. Holistica is also engaged in discussions regarding multiple existing and proposed destinations around the world.

“The timing is right for a venture of this type,” said Hamui. “A collaborative development approach, paired with meaningful private financial resources, gives local destinations the opportunity to grow the right way.”

Added Bayley: “Having more destinations, and developing them in a responsible manner, gives travelers greater vacation quality, and expands the landscape of available travel options as the tourism industry grows.”

Royal Caribbean Cruises Ltd. (NYSE: RCL) is a global cruise vacation company that controls and operates four global brands: Royal Caribbean International, Celebrity Cruises, Azamara Club Cruises and Silversea Cruises. We are also a 50 percent joint venture owner of the German brand TUI Cruises and a 49 percent shareholder in the Spanish brand Pullmantur Cruceros. Together, these brands operate a combined total of 61 ships with an additional 15 on order as of March 31, 2019. They operate diverse itineraries around the world that call on all seven continents. Additional information can be found on www.rclcorporate.com.

Based in Cancun, ITM GROUP is a private Mexican company with more than 30 years experience developing high quality tourism and entertainment infrastructure, as well as real estate. It has built and operated more than six cruise ports in Mexico and the Caribbean, using the tailor-made sustainable technology needed to create, develop and consolidate integrated tourism destinations.

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