Category: Travel Services
Caribbean Travel Services
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Macro - Country Economic Forecasts - Cayman Islands
... expect GDP will grow by 1.9% next year before slowing down to 1.6% in 2026. Inflation is falling sharply as the global inflationary crisis keeps fading. So, we forecast inflation slightly below 2% for 2025. Read More
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Macro - Country Economic Forecasts - Virgin Islands (UK)
... Virgin Islands' economy will grow by 1.2% in 2024 and 1.6% in 2025. We've revised up our 2025 GDP forecast to reflect stronger-than-anticipated growth in the tourism sector, partly driven by the robust US economy. Read More
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Economy of English Speaking Caribbean - 2024
... Jamaica and Trinidad & Tobago are considered together in this study. The microstates of the region are not included. Issues discussed are internal budgets, external accounts, economic policies and, in some cases, levels of violence. Read More
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Macro - Country Economic Forecasts - Puerto Rico
... disaster-relief programs and pandemic stimulus have buoyed infrastructure projects and private consumption, but these boosts are set to fade. Still, resilient demand from mainland US will likely continue to benefit Puerto Rico's exports and tourism ... Read More
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Macro - Country Economic Forecasts - Anguilla
... we expect tourism will continue to aid growth and demand for the country's domain name will continue to provide an additional revenue source. We've therefore upgraded our 2025 GDP forecast by 0.1ppts to a 4.6% ... Read More
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Macro - Country Economic Forecasts - Aruba
... over 80% of Aruba's overseas visitors, thereby boosting tourism activity. Arrivals are expected to surpass pre-pandemic levels in both 2023 and 2024. However, weak private investment is likely to constrain growth this year, as the ... Read More
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Macro - Country Economic Forecasts - Antigua and Barbuda
... tourism and construction activity increasing, to which real activity is expected to climb to pre-pandemic levels by the end of the year. Potential tourism slowdowns and geographical vulnerabilities remain a headwind for sustainable long-term growth. Read More
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Macro - Country Economic Forecasts - Grenada
... construction. The ongoing strength of the US consumer will uphold Grenada's tourism-driven economy, particularly in the first half of the year, but with services spending normalizing to pre-pandemic levels, the largest effects have likely passed. Read More
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Analysis by Region - Emerging Markets - Cuba
... still 10% below pre-pandemic levels. The exodus of nearly 500,000 Cubans in the last two years, shortages in basic services and food, stubborn inflation, and US sanctions have harmed the country's productivity and paralyzed key ... Read More
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Macro - Country Economic Forecasts - Dominica
... improved tourism conditions. The recovery in tourism flows stemmed from a surge in total visitor expenditure, which reached 87% of the pre-pandemic level by the start of 2024 – a 36.3ppts increase since Q2 2023. Read More
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Macro - Country Economic Forecasts - Guadeloupe
... Starlink satellite coverage, which is expected to provide the island with high-speed, reliable internet access, will provide additional support to growth as it will improve opportunities for remote working, e-commerce, and education via online resources. Read More
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Macro - Country Economic Forecasts - St. Vincent and the Grenadines
... that tourism growth remains strong and falling inflation will boost spending, resulting in a consumption recovery after two years of contracting private consumption. We've also revised up our 2023 growth forecast by 0.3ppts to 6.2% ... Read More
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Tourism Desintation Market Insight - Caribbean (2024)
... as well as a SWOT analysis. Key Highlights Prior to COVID-19, inbound flows to the Caribbean grew at a CAGR of 3.04% between 2015 and 2019, reaching 21.57 million international arrivals in 2019. In 2023, ... Read More
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Macro - Country Economic Forecasts - Bahamas, The
... consumption. However, an encouraging recovery in tourism has boosted economic activity and narrowed the current account deficit. We forecast that GDP growth will dip to 1.2% y/y in 2024 and 1.4% y/y 2025 as the ... Read More
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Cuba Hotels Market Size by Rooms (Total, Occupied, Available), Revenues, Customer Type (Business and Leisure), Hotel Categories (Budget, Midscale, Upscale, Luxury), and Forecast to 2026
... services, typically with a continuous staff presence) market have seen moderate change in the recent years and is also expected to evolve in similar fashion in the near future. The report Cuba Hotels Market Analytics ... Read More
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Analysis by Region - Emerging Markets - Barbados
... driven by a solid but slow tourism recovery. We forecast tourist arrivals will grow by 27% in 2023, down from 46% in 2022. We don't expect tourism to recover to the 2019 rate until 2026. Read More
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Caribbean Destination Tourism Insight Report including International Arrivals, Domestic Trips, Key Source / Origin Markets, Trends, Tourist Profiles, Spend Analysis, Key Infrastructure Projects and Attractions, Risks and Future Opportunities, 2023 Update
... markets, infrastructure, and attractions, as well as risks and opportunities in the Caribbean. This report explores the types of travelers that visit the region as well as a SWOT analysis. Key Highlights International arrivals increased ... Read More
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Analysis by Region - Emerging Markets - Bahamas
... investment, as well as a 33% jump in exports this year. Unemployment continues to recover after job losses during the pandemic, falling by around 4ppts from 2021 to 14%. While we think the growth outlook ... Read More
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Havana - Comprehensive Overview of the City, PEST Analysis and Analysis of Key Industries including Technology, Tourism and Hospitality, Construction and Retail
... level metrics along with analytical coverage of the latest political, economic, social, technological, infrastructural, legal and environmental issues affecting Havana. Havana city is the most populous city in Cuba and one of the 15 provinces ... Read More
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Caribbean Tourism Destination Market Insight, 2022 Update
... as well as a SWOT analysis. Key Highlights In 2021 projected domestic tourism trips and inbound trips rose compared to 2020. As the Caribbean emerges from the worst of the pandemic and an earthquake in ... Read More
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Cuba Tourism and Hotel Market - Growth, Trends, Covid-19 Impact, and Forecasts (2022 - 2027)
... and hotel markets have been on a growth track over the years. Cuba has been attracting a growing number of leisure tourists with its beautiful landscapes, beaches, and many other factors which is helping it ... Read More
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