Camacho and Moylan's historic inauguration was held on January 4, 1971 at the Plaza de España in Agana. He used the resources of the government to enhance economic opportunities by granting incentives through the Guam Economics Development and offering various forms of assistance to the private sector. During his entire five and a half years in office, Camacho presided over one of the largest eras of hotel construction activities on Guam, with construction finishing or starting on the Kakue Hotel, Reef Hotel, Hilton Hotel, Okura Hotel, Fujita Tumon Beach, Continental Travelodge, and Guam Dai Ichi Hotel.