The Travel and Tourism Industry in Jamaica Contributes US$870 Million to the Economy a Year

DUBLIN, Ireland – The Jamaican government is currently attempting to diversify the economic base with additional development in tourism, light manufacturing and information technologies.

Tourism is by far the country’s largest foreign exchange earner, contributing US$870 million to the economy annually or 11.8% of the Gross Domestic Product (GDP). The government plans to increase tourism’s contribution to the GDP to 15% by 2010. As one of the top five tourism-generating destinations in the Caribbean, after the Dominican Republic, Puerto Rico, the Bahamas and Cuba, Jamaica is steadily moving towards this goal.

Research and Markets Travel & Tourism International 2005 publication offers industry professionals the chance to clearly evaluate tourism prospects of Jamaica. Combining the latest tourism data from the most authoritative sources and our own unique, independent analysis, it provides a level of market-explanation that can help create focused marketing and shape effective tourism policy at the highest level.

This country profile report is part of the Travel and Tourism International subscription. This series provides quarterly tourism profiles of destination countries. Each quarterly issue features six profiles, all providing a cross-section of countries either established or emerging as tourism destinations.

Vital to industry professionals who must accurately evaluate a country’s tourism prospects and capacity, each report pools together the most relevant market-based information and analysis. The reports are compiled by a global network of industry analysts who provide market-based information as well as detailed, insightful and localised interpretation of facts and figures.

Covering 24 individual tourism destinations over a 12 month period, each report provides an overview of a country’s: attractions, tourism infrastructure in the context of its overall economy, arrival trends, market characteristics, accommodation capacity, transport links and tourism outlook.

For more information visit www.researchandmarkets.com/reports/c32539.

Exit mobile version