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Press Release: CTO Foundation
June 16, 2003
NEW YORK, NY -- The Caribbean Tourism Organization (CTO)’s scholarship programme under the CTO Foundation, has
received a financial boost with monetary contributions from two key allied members.
Interval International, a leading global vacation exchange company, along with resorts affiliated with its exchange
network, has made a US$30,000.00 donation and Jacqueline Johnson, Caribbean travel director of Conde Nast Bridal
Group contributed US$5, 000.00 to the Foundation.
The cheques were presented to the Foundation at the 30th annual Governments of the Caribbean State Ball at the
Waldorf-Astoria in New York City on Friday, June 6th, 2003.
“Interval International is proud to continue its commitment to the growth of the Caribbean region through the CTO
Foundation, an organization that has done so much to further education in the hospitality and tourism industries
in the Caribbean,” said Marcos Agostini, Interval International’s region director for the Caribbean and Latin America,
Resort Sales and Service Department.
“The CTO Foundation has been doing an outstanding job in assisting Caribbean nationals in furthering their education
in tourism and hospitality and this contribution is in support of its efforts,” added Ms. Johnson.
The CTO’s secretary general, Jean Holder and chairman of the CTO Foundation, Dr. Karl Rodney thanked Interval International
and Ms. Johnson for their contributions.
“We are deeply appreciative of the support we have received from Interval International and from the Conde Nast
Bridal Group, particularly Ms. Johnson, who made this contribution from her personal finances. Their dedication
to the Foundation is exemplary,” said Mr. Holder.
The CTO Foundation, set up in 1997, is registered in the New York State, USA, as a Not-for-Profit Corporation,
established exclusively for charitable and educational purposes. Its main aim is to provide scholarships and study
grants to students and industry personnel who are Caribbean nationals from CTO member countries who want to undertake
studies in the areas of tourism, hospitality and language training. The Foundation supports individuals who demonstrate
high levels of academic achievement and leadership potential and who express a strong interest in contributing
to Caribbean tourism.
Since 1997, the Foundation has provided 11 major scholarships and 31 study grants, amounting to just over US$250,
000, to deserving Caribbean nationals. Major CTO Foundation sponsors include American Express, American Airlines,
Interval International, the CTO Chapters worldwide and numerous CTO allied members.
About the Caribbean Tourism Organization
The Caribbean Tourism Organization (CTO), with headquarters in Barbados and marketing operations in New York, London
and Toronto, is the Caribbean's tourism development agency and comprises membership of 32 governments and a myriad
of private sector companies.
The CTO’s mission is to provide to and through its members, the services and information needed for the development
of sustainable tourism for the economic and social benefit of the Caribbean people. The organization provides specialized
support and technical assistance to member countries in the areas of marketing, human resource development, research
and statistics and sustainable development.
The CTO disseminates information on behalf of its member governments to consumers and the travel trade.
For more information, please contact CTO Headquarters at One Financial Place, Collymore Rock, St. Michael, Barbados;
tel: (246) 427-5242; fax: (246) 429-3065; E-mail: ctobar@caribsurf.com. CTO's New York office is located at 80
Broad Street, 32nd Floor, New York, NY 10004, USA; tel: (212) 635-9530; fax: (212) 635-9511; E-mail: get2cto@dorsai.org.
CTO's London office is located at 42 Westminster Palace Gardens, Artillery Row, London SW1P 1RR; tel: 171-222-4335;
fax 171-222-4325; E-mail: cto@carib-tourism.com. CTO Canada can be reached at Taurus House, 512 Duplex Avenue,
Toronto, Ontario, Canada M4R 2E3; tel: (416) 485-8724; fax: (416) 485-8256; E-mail assoc@thermrgroup.ca. Visit
CTO on the web at www.doitcaribbean.com and www.onecaribbean.org.
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Contact: Johnson Johnrose, CTO Tel: (246) 427-5242 E-mail: Jjohnrose@caribtourism.com Contact: Kristen Schneider Tel: (516) 594-4100 E-mail: Kristen@Kahn-Travel.com #616