Business

Caribbean tourism records 17th straight quarter of growth

NEW YORK – At a Caribbean week New York news conference earlier this evening (June 4), the CTO chairman and Barbados tourism minister, Richard Sealy, reported that the Caribbean “bolted out of the gates” in 2015 with a six per cent rise in tourist arrivals in the first quarter when compared to the same period last year. There were nearly eight million visits to the region, which recorded the 17th straight quarter of growth.

Click image below to watch the presentation:

Richard Sealy
Richard Sealy

The following are the key points of the chairman’s report:

– The Caribbean continues its rapid growth rate from 2014 when arrivals grew by 5.3 per cent to 26.3 million visitors

– We’ve bolted out of the gates with a six per cent rise in arrivals over the first quarter of 2014

– Arrivals to the Caribbean estimated to be 7.9 million in the first three months

– This is the fifth consecutive year in which arrivals grew during the first quarter and the 17th quarter of continuous growth.

– The United States market continues to be our most productive. Arrivals from the US increased  by 5.6 per cent.

– The Canadian market grew an equally impressive  5.4 per cent with Cuba and Dominican Republic among the destinations recording higher levels of arrivals

– In the accommodation sector, all leading hotel performance indicators were positive.

– There was a modest increase of 1.3 per cent in the number room available in the first quarter, the largest increase for this quarter in the last seven years

– Historical first quarters highs were also recorded for Room Occupancy (77.8%), Average Daily Rate (US$239.84) and Revenue per Available Room (US$188.25)

– In cruise, passenger arrivals slowed in the first quarter with the Caribbean registering a 3.4 per cent rise, compared to a 4.3 per cent growth in 2014 over 2013

– An estimated 8.6 million cruise passengers visited the region in the first quarter.

The best performing destinations were Martinique (34.2%), Puerto Rico (26.2%), Antigua & Barbuda (18.6%) and Jamaica (15.9%).

The outlook for the remainder of the year is positive

Growth is expected to be moderate and uneven among member countries

However, overall tourist arrivals are now anticipated to rise at least six per cent over 2014

In the cruise sector, the momentum gained in the first quarter could be reduced as cruise ships are repositioned away from the region.

In addition, the chairman touched on Cuba, declaring that Cuba is not a problem for the Caribbean Tourism Organization “…if any of our members can attract people to the region, it’s good for the region”.

ADVERTISEMENT

CAL banner ads v2_300x250

 

South Florida Caribbean News

The SFLCN.com Team provides news and information for the Caribbean-American community in South Florida and beyond.

Related Articles

Back to top button