TCI News
Baker Tilly International welcomes leading tourism data and analytics specialists in the Turks and Caicos Islands
#TurksandCaicosIslands – November 5, 2020 — Baker Tilly International has announced that Baker Tilly Turks and Caicos Islands joined the network on 1 November 2020. The Turks and Caicos firm was trading as KPMG Turks and Caicos Islands until exiting the KPMG network on 31 October 2020.
Baker Tilly Turks and Caicos Islands will continue to provide audit, advisory and tax services to a wide variety of public and private sector entities and is a market leader in tourism data and analytics. Led by Gary Brough who has over 30 years’ experience working within the tourism, leisure and travel industry (TLT), the firm has extensive relationships in the sector throughout the Caribbean, the world’s most tourism dependent region. Gary was the lead partner advising the Turks and Caicos Islands Government on its current National Tourism Policy and Strategic Implementation Plan. Data and analytics is emerging as the most underutilised and powerful tool in providing actionable insights to governments and businesses in the travel and tourism space.
Used correctly, data and analytics can identify previously unseen competitive advantages through the enhanced application of data driven decisions. Forecasting the future is no easy task, especially in the TLT sector which has proven particularly vulnerable to the Coronavirus pandemic and where factors such as consumer confidence, the economy and geopolitics heavily impact the direction and ultimate profitability of the sector.
The Turks and Caicos Islands firm has extensive experience of delivering strategic, clear and actionable insights for its clients. Gary Brough, Managing Director in the Turks and Caicos Islands said: “The global leadership of Baker Tilly International engaged with us from the very outset of our discussions which created a great first impression. Neil French, our Head of Audit, and I both found our conversations with the senior executives of Baker Tilly International to be very refreshing. They share our belief and optimism in the future of the Turks and Caicos Islands, which is of critical importance to us, and they have introduced us to resources within their network that led us to conclude they represent our best opportunity to fully realize the potential of some of the initiatives we are working on most notably our tourism data and analytics initiative.”
“We’re proud of the deep data analytics and digital expertise we bring to our clients through our global network,” Ollie East, Advanced Analytics and Data Engineering Director for Baker Tilly US, said.
“We have a variety of experience using multiple technologies and analytical techniques across many industry sectors such as manufacturing, healthcare, aerospace, and finance and insurance. The Turks and Caicos Islands team’s specialization in the tourism sector is a strong complement to those offerings.”
Speaking on the development, Ted Verkade, Baker Tilly network CEO, shared Gary’s optimism for the region: “The Turks and Caicos Islands are a vibrant part of the Caribbean region and I am delighted to welcome Gary, Neil and their team to our network. Following the devastating impact of the Coronavirus pandemic, now – more than ever – businesses operating in this sector need to feel confident that they have data and analytics they can trust to be able to understand and manage risks, and to make the right decision now, to rebuild and shape their tomorrows.
What separates the Turks and Caicos Islands team from others is their deep knowledge of travel and tourism, which converts data and analytics to information that matters. I am excited to bring the team’s industry knowledge and leading analytics expertise into our global network as we help clients with scenario planning and predictive modelling as we build a bolder tomorrow.”
Baker Tilly International is a rapidly growing global accountancy and business advisory network represented by independent member firms in 146 countries with combined fee income of US$3.9 billion and more than 36,000 people worldwide.
KPMG TCI Press Release
Providenciales, Turks and Caicos Islands – May 14th, 2024 – The Turks and Caicos Islands Government and Molo Hotel Group reached a pivotal juncture on Monday, May 13th, 2024, with the ceremonial signing of a development agreement at the Premier’s Office on Providenciales. The agreement, which received official Cabinet approval on March 13th, 2024, signifies a steadfast commitment to advancing the economic landscape of the Turks and Caicos Islands.
Molo Hotel Group is a family-owned business, renowned for its distinguished portfolio of high-quality hotels worldwide. The
development initiative encompasses the construction of three distinct IHG branded hotels: InterContinental Turks and Caicos, Kimpton Turks and Caicos and Hotel Indigo Turks and Caicos. Scheduled for completion by 2027, each resort boasts a distinctive design from luxury to laidback sophistication spanning across the shores of Grace Bay Beach.
Kimpton Turks and Caicos – an epitome of luxury lifestyle living, will feature 192 guest rooms including three outdoor pools, a luxury spa and a fitness center. Additionally, seven dining options ranging from a beachfront restaurant to a rooftop bar.
Adjacent to the Kimpton, InterContinental Turks and Caicos will offer 59 classic luxury suites with panoramic ocean views. Mirroring its counterpart, this resort will offer an array of dining options and upscale facilities.
Steps away from the Intercontinental and Kimpton resorts, Hotel Indigo Turks and Caicos will embrace a sense of community and contemporary elegance, offering 56 bedrooms. The resort will feature an onsite restaurant, lobby bar, outdoor pool, and fitness room.
Beyond the realm of hospitality, this development agreement underscores the government’s commitment to fostering economic growth and enhancing employment opportunities in the Turks and Caicos Islands. Molo is partnering with the Turks and Caicos Islands Community College (TCICC) to actively promote hospitality as a career choice and support in developing training programs, career fairs, seminars, workshops, and events to raise awareness about hospitality careers. Molo has committed to provide employment and apprentice opportunities to TCICC students and provide mentoring and practical on property training to students.
The signing event was graced by Hon. Charles Washington Missick, Premier of the Turks and Caicos Islands, Hon. Jamell Robinson, Deputy Premier, Hon. Kyle Knowles, Minister of Public Safety and Utilities, Hon. Rachel Taylor, Minister of Education, Youth, Sports and Culture, Łukasz and Marcin Slominski, Owners of Molo, Ross Morrow, Managing Director Molo, Arik Kono, Vice President Upscale Development for IHG, Dr. Candice Williams, President and CEO of the Turks and Caicos Islands Community College, Angela Musgrove, InvestTCI CEO, Dr. Barbara Ambrister, Chairperson of the Turks and Caicos Islands Community College, Dr. Delores Stapleton- Harris, Vice President of Academic, Vocational and Student Affairs for the Turks and Caicos Islands Community College, Mr. Kevin Baxter, Dean of Technical Vocational Education Training (TVET) and Sheryl McLaughlin, InvestTCI Investment Services Executive.
Commenting on the development agreement, Premier, Hon. Misick, stated “The Memorandum of Understanding (MOU) signing of
IHG/Molo Hotels is a significant step towards a sustainable future for hospitality in the Turks and Caicos Islands. Three hotels, Kimpton, Intercontinental, and Hotel Indigo, will be introduced, enhancing our tourism product and creating employment opportunities.”
He further added, “Partnerships with the Turks and Caicos Islands Community College and Turks and Caicos Islands Sports Commission are underway, demonstrating the Government’s commitment to developing human capital and elevating tourism offerings. This project will bring economic growth, embrace local talent, and enrich our economy.”
Additionally, Mrs. Angela Musgrove, CEO of Invest Turks and Caicos Islands, emphasized “This collaboration confirms our commitment to fostering economic growth and prosperity within our country. We have worked closely with Molo Hotel Group, and we are confident that this transformative project will further position the Turks and Caicos Islands as a premier destination for travel and investment. Much to our delight, it will also provide opportunities for engagement with our Community College and small business community.”
The Government of the Turks and Caicos Islands, operating through its primary Investment Promotion
Agency, Invest Turks and Caicos Islands, remains committed to attracting and facilitating Foreign Direct Investments to the country by providing a comprehensive suite of services. Through strategic initiatives and targeted promotion, the agency catalyzes sustainable development, driving innovation and small business opportunities across various sectors of the economy.
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