[xml][/xml]
The Bahamas Weekly Facebook The Bahamas Weekly Twitter
News : International : Caribbean News Last Updated: Jun 7, 2019 - 1:21:36 AM


Caribbean Records Robust Growth in the First Quarter of 2019
By Caribbean Hotel and Tourism Association (CHTA)
Jun 6, 2019 - 10:20:29 AM

Email this article
 Mobile friendly page
Highlights include 24 per cent increase from U.S. market and record-breaking cruise passenger traffic

NEW YORK, NY - Spurred on by a 24 per cent rise in arrivals from the United States, the Caribbean recorded a healthy 12 per cent increase in tourist arrivals during the first quarter of 2019, according to statistics compiled by the Caribbean Tourism Organization (CTO). In updating the media on the region's performance at a news conference this morning hosted at the Wyndham New Yorker Hotel as part of Caribbean Week New York (#CWNY2019), CTO chairman Dominic Fedee revealed that between January and March this year there were 9.1 million international tourist trips to the region, up by 970,000 over the corresponding period last year.

The arrivals boom extended to the cruise sector as well, with a record 10.7 million cruise passengers visits, an increase of 9.9 per cent or 900,000 more cruise arrivals when compared to the same period in 2018.

Due to its bullish economy, high consumer confidence and the strength of the U.S. dollar against global currencies, the United States was the strongest performing market during the first quarter, with 4.5 million tourist visits, while Canada's 1.5 million tourist visits to the Caribbean represented a strong four per cent rise.

On the other hand, the performance of the European market was less encouraging, with arrivals up marginally by 0.6 per cent. Of the 1.6 million tourist arrivals from Europe during the first quarter, 300,000 came from the United Kingdom (up 0.1 per cent), while arrivals from Germany fell by 8.1 per cent to 200,000 tourist visits. The Caribbean (up 1.8 per cent) and Latin American (up 1.6 per cent) markets also recorded growth, although at a much slower pace that the major markets.

The overall healthy growth in both stayover and cruise visits, coupled with a 1.4 per cent rise in available airline seats during first quarter of 2019, bringing to 12.4 million the number of international seats attracted to the region during the period, the CTO is bullish in its forecast for the year, predicting an eight per cent to nine per cent increase in tourist arrivals, along with 5.5 per cent to 6.5 per cent growth in cruise arrivals.
 
"Overall, a statistical analysis of the first quarter gives us much to celebrate as substantial numbers indicate healthy economic conditions in key source markets and a strong resurgence of tourism in destinations impacted by the 2017 hurricanes," Fedee told the news conference.

Visit www.OneCaribbean.org more information on the performance of the region.

Bookmark and Share




© Copyright 2019 by thebahamasweekly.com

Top of Page

Receive our Top Stories



Preview | Powered by CommandBlast

Caribbean News
Latest Headlines
Caribbean States prepare to battle illegal fishing
Grenada PM Lauds Joint UWI – Regional Rum Industry Initiative
CTO Mourns Loss of Marie Walker, Long-Time Tourism Colleague & Friend of the Caribbean
Boutique Hotel in St Vincent and the Grenadines receives International Service Excellence Certification
The agro-processed food and natural ingredient sectors and the creative industries: keys to the Caribbean’s expansion in the European market