Are Hotels Coming Back to The Caribbean?

Are Hotels Comming Back Caribbean

Join an all-star panel to discuss “Are Hotels Coming Back to the Caribbean?” : a ULI discussion on The State of the Caribbean Hotel Market.


Hear from leading Caribbean hospitality professionals about what’s happening from operations, investing, transactions, and lending perspectives.



Adam Greenfader

Managing Partner AG&T


Alejandro Zozaya

Executive Chairman, Apple Leisure Group


Christian Charre

Senior Vice President, CBRE Hotels


Chris Cylke

COO, REVPAR International, Inc.



Nicholas Hecker

Executive Managing Director/Chief Investment Officer, 

Sculptor Real Estate


Three questions answered: 


1. What hotel transactions are happening today?

2. Is the hotel market going to undergo a series of defaults, acquisitions, and repurposing?

3.  What operational changes is the hospitality industry doing to successfully come back on line?




Tax Incentives for Strategic Recovery

See video on strategic tax incentives and recent fiscal policy for the territories and Puerto Rico.

Francisco Luis, Partner at Kevane Grant Thornton and Adam Greenfader, Caribbean Chair / AG&T discuss “ Bringing back manufacturing to USA – Puerto Rico. “ 

In this in-depth conversation about Tax Policy and Incentives,  Mr. Luis discusses the GILTI and BEAT provisions of the 2017 Tax Code and some of the implications of the House Resolution 6448; otherwise known as ” The Territorial Economic Recovery Act.

Other topics include,  ‘Opportunity Zone incentives’ and the ‘Tourism Tax Credit’ as part of the recently passed Act 60.

Francisco Luis has over twenty-nine years’ experience in public accounting, including the “Big Four” and private consulting practice. 

He engages in the design and development of tax planning and consulting strategies. This includes tax services in the area of mergers and acquisitions, business reorganizations, partnership transactions, tax incentives and exemptions, individual and corporate tax issues, personal financial matters, and others. Moreover, since the designation of Puerto Rico as an Opportunity Zone, Francisco has been actively participating as guest speaker on several conferences and activities lecturing about this new incentives regime.

His experience includes participation in multiple international and global business transformation engagements, including post-acquisition implementation and executing strategies focused on reducing global effective tax rates, mostly interplaying with the Puerto Rico tax incentives. Francisco has significant experience assisting clients before the Internal Revenue Service and the Puerto Rico Treasury Department, among others. He also possesses extensive tax compliance experience.


  • Puerto Rico State Society of Certified Public Accountants
  • American Institute of Certified Public Accountants