Tourism Development Corporation
- Company typePrivate
- Founded1987
- HeadquartersLos Angeles, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
Tourism Development Corporation firmographics
Firmographics- Name
- Tourism Development Corporation
- Legal name
- Tourism Development Corporation
- Website
- https://tdcbarbados.com
- Company type
- Private
- Founded year
- 1987
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
Tourism Development Corporation industry classification
Industry- Product category
- Nonprofit Tourism Development Services
- NAICS
- Convention and Visitors Bureaus (561591)
- SIC
- Services-Membership Organizations (8600)
- akta.pro primary industry
- Sustainable Supply Chain & Procurement Platforms (Local Sourcing, Ethical Purchasing) (THAAANAJ)
Keywords
Where Tourism Development Corporation is headquartered
LocationHeadquarters
- HQ city
- Los Angeles
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Tourism Development Corporation business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Marketing or Sales, Personnel, Others
Revenue model
- Membership Contributions: Non-profit organization funded by voluntary membership contributions from corporate tourism businesses. Members contribute up to 2% of their pre-tax income from the previous year, with contributions fully tax deductible for corporate income tax purposes.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
Tourism Development Corporation product offering
Product offeringCore offering
Tourism Development Corporation (TDC) is a Barbados-based non-profit organization that channels voluntary corporate member contributions into selected tourism marketing and product enhancement projects. It functions as a private-sector catalyst, coordinating with the Barbados Hotel & Tourism Association, Barbados Tourism Marketing Inc., Barbados Tourism Product Authority, and the Ministry of Tourism to support the sustainability and growth of Barbados' tourism industry.
Product overview
Tourism Development Corporation (TDC) operates as a unified membership-based non-profit organization rather than a platform with separate modules. The organization offers corporate membership opportunities for businesses to contribute to Barbados' tourism development, directing member contributions toward selected tourism marketing and product enhancement projects. Supporting services include publications (annual reports, newsletters) and standardized proposal templates for project submissions.
Differentiator
Problem solved
Functional benefit
Products and services
- TDC Corporate Membership
- Tourism Marketing Projects
- Tourism Product Enhancement Projects
- Tourism Industry Publications
Companies that use Tourism Development Corporation
Customer profileSegments1 record
Ideal customer profiles1 record
Tourism Development Corporation technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Tourism Development Corporation partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core.
- Barbados Hotel & Tourism AssociationcoreTDC operates in cooperation with the BHTA, utilizing the BHTA Building as its headquarters location. The partnership focuses on responding to the tourism industry's needs and supporting results-oriented projects.
- Barbados Tourism Marketing Inc.coreJoint cooperation on tourism marketing initiatives to enhance Barbados' international reputation as a tourism destination and increase foreign exchange earnings.
- Barbados Tourism Product AuthoritycoreCollaboration on tourism product enhancement projects to strengthen and develop the Barbados tourism offering.
- Ministry of TourismcoreGovernment partnership to promptly respond to industry needs and support development of the tourism sector in Barbados.
Scale indicators1 record
Recent moves5 records
Tourism Development Corporation competitors and assessment
Company assessmentDirect peers
- Barbados Tourism Marketing Inc. (BTMI): BTMI is the official destination marketing organization for Barbados and a formal TDC partner. It is the most directly comparable peer because both organizations exist to market and enhance Barbados tourism, though BTMI is government-led and TDC is private-sector-led.
- Caribbean Hotel and Tourism Association (CHTA): CHTA is the regional umbrella association for Caribbean hotels and tourism suppliers. It is highly comparable to TDC in that both are membership-based, industry-funded bodies that advocate for and coordinate tourism development across the Caribbean.
- Caribbean Tourism Organization (CTO): CTO is the regional tourism development agency for the Caribbean. It mirrors TDC's role of coordinating tourism marketing and product enhancement at a multi-country level, making it a relevant peer in mission and structure.
- Jamaica Tourist Board: Jamaica's official destination marketing organization. Comparable to TDC because it pursues tourism marketing and product enhancement for a single Caribbean destination, with overlapping target markets in source countries and visitor segments.
- Saint Lucia Tourism Authority: Saint Lucia's official tourism authority. Comparable to TDC as another single-Caribbean-island destination marketing body with similar mandate to grow tourism arrivals and foreign exchange earnings.
- Bahamas Ministry of Tourism: The official tourism marketing organization for The Bahamas. Comparable to TDC in mission (marketing a Caribbean island destination and enhancing its tourism product) and in competing for similar visitor segments.
- Hawaii Tourism Authority: Hawaii's state-level destination marketing and tourism development authority. Comparable to TDC as a destination-specific body that funds and coordinates tourism marketing, product development, and visitor industry research.
- Bermuda Tourism Authority: Bermuda's destination marketing organization. Comparable to TDC in being a destination-specific marketing body for an island tourism economy with similar visitor mix and product-enhancement mandate.
- Destination DC: A private, member-funded destination marketing organization for Washington, DC. Comparable to TDC in being a non-government, membership-driven DMO that directs member contributions toward destination marketing and enhancement.
Broad incumbents
- Brand USA: The United States' national destination marketing organization. Comparable to TDC as a public-private partnership that markets a destination and drives inbound tourism, though operating at a much larger geographic and budget scale.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat3 records
Key risks5 records
Key highlights6 records
Customer concentration
Tourism Development Corporation social profiles
Digital presenceTourism Development Corporation financial estimates
Financial estimateRevenue estimate
Valuation estimate
Tourism Development Corporation leadership team
Management profileNumber of profiles
Profiles1 record
Tourism Development Corporation funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Tourism Development Corporation M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Tourism Development Corporation
What does Tourism Development Corporation do?
Tourism Development Corporation (TDC) is a Barbados-based non-profit organization that channels voluntary corporate member contributions into selected tourism marketing and product enhancement projects. It functions as a private-sector catalyst, coordinating with the Barbados Hotel & Tourism Association, Barbados Tourism Marketing Inc., Barbados Tourism Product Authority, and the Ministry of Tourism to support the sustainability and growth of Barbados' tourism industry.
Is Tourism Development Corporation a public or private company?
Tourism Development Corporation is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was Tourism Development Corporation founded?
Tourism Development Corporation was founded in 1987. It employs 11 to 50 people.
Where is Tourism Development Corporation based?
Tourism Development Corporation is headquartered in Los Angeles, United States, in the North America region.
How does Tourism Development Corporation make money?
One revenue line is on record: membership Contributions.
Who are Tourism Development Corporation's main competitors?
Direct peers on record are Barbados Tourism Marketing Inc. (BTMI), Caribbean Hotel and Tourism Association (CHTA), Caribbean Tourism Organization (CTO), Jamaica Tourist Board, Saint Lucia Tourism Authority, Bahamas Ministry of Tourism, Hawaii Tourism Authority, Bermuda Tourism Authority and Destination DC. Brand USA is listed as a broad incumbent.
Does Tourism Development Corporation have an API?
No public API is recorded for Tourism Development Corporation.
What industry is Tourism Development Corporation in?
Tourism Development Corporation's product category is Nonprofit Tourism Development Services. Its primary akta.pro industry code is THAAANAJ, Sustainable Supply Chain & Procurement Platforms (Local Sourcing, Ethical Purchasing). Its NAICS code is 561591 and its SIC code is 8600.