Carolyn Cain is a Principal Tourism Specialist with the IFC, the private sector arm of the World Bank Group. Carolyn provides industry expertise and analysis throughout the project investment cycle including establishing the strategy for hotel investments, business development, screening and appraising hotel investments and portfolio work. Ms. Cain received a BA from Vassar College in New York and a MBA from the University of Hawaii. She has been with IFC for 16 years.
Although tourism plays a key role for developing countries, investment projects in these countries carry a high level of risk. This risk can only be borne via a long-term commitment and rigorous project selection. Continue Reading