Caribbean travel industry appears promising

 Saturday, March 11, 2023 


In spite of global stresses like high price rises, the conflict in Ukraine, the resultant energy crunch and an looming economic downturn, the position for Caribbean travel and tourism looks promising, as per the Barbados-based Caribbean Tourism Organization (CTO).

Based on the Caribbean’s 2022 ‘Tourism Performance and Outlook Report, Neil Walters, the Acting Secretary General of the CTO, stated that the Caribbean witnessed one of the rapidest revival rates worldwide last year, with 28.3 million listed tourist arrivals in 2022.

This signifies 88.6 percent of the visitors who came in 2019, which aided as the standard year for characteristic tourism movement prior to the pandemic.

Walters said that global travel is predicted to provide the Caribbean with considerable improvements due to the strong United States market, which carries on to boost the region’s retrieval.

Last year marked a projected 28.1 percent surge in visitors coming from the U.S. market. At the end of 2022, 14.6 million American visitors entered the region, marking 3.2 million more visits compared to 11.4 million in 2021.

In 2022, visitations from the European market went up by 81 percent compared to 2021. 5.2 million tourists from European market were almost twofold of the 2.8 million witnessed in 2021.

This signified 18.3 percent of total arrivals in 2022.

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