Aug 14, 2023 · The Caribbean attracted over 28 million visitors in 2022 and its economy is more reliant on travel and tourism than any other region, according to the World Travel & Tourism Council. Tourism makes up around 90% of GDP in Aruba and the British Virgin Islands.

Jan 12, 2024 · With 2023 at an end, the Travel and Tourism (T&T) sector is finally positioned to move past the impact of the pandemic, with international tourist arrivals anticipated to reach levels reminiscent of the pre-pandemic era. However T&T sector stakeholders and destinations are navigating a complex terrain marked by external challenges such as ...

Jul 15, 2020 · World Economic Forum has published the Latin America and Caribbean Travel and Tourism Competitiveness Landscape Report. Part of the Forum’s long-running Travel and Tourism Competitiveness Report series, this publication takes a regional look at “the set of factors and policies that enable the sustainable development of the T&T sector, which in turn, contributes to the development and ...

May 7, 2020 · Leaders of Caribbean nations might consider mandating that the condition upon which high traffic businesses such as grocery stores, home improvement stores, retail banks, malls, large office buildings, ferry companies, gyms, etc. may reopen is the employment of repurposed tourism sector COVID cleaners and temperature-checkers at a fixed hourly ...

Jul 15, 2020 · The Latin America and Caribbean Travel & Tourism Competitiveness Landscape Report uses competitiveness rankings and data from the World Economic Forum’s 2019 Travel and Tourism Competitiveness Ranking (TTCR), and puts them in the context of COVID-19 and the changes the pandemic has brought to the travel and tourism economies in the Latin ...

Oct 15, 2020 · Prior to COVID-19, tourism growth in Latin America was increasing in competitiveness. The 2019 WEF Travel & Tourism Competitiveness Index shows that 12 of the 21 Latin American and Caribbean countries increased in competitiveness since 2017; including Bolivia, Colombia, Uruguay and the Dominican Republic, …

Jul 15, 2020 · The travel and tourism sector in Latin America and the Caribbean is projected to take a $110 billion hit due to COVID-19, says a new World Economic Forum report. Investment in infrastructure could bring back tourism as well as rebuild the economy.

Jul 16, 2020 · Speakers list: • Lorna Atiles, Head of Cross Border for Latin America and the Caribbean, Visa • Manuel Butler, Executive Director, United Nations World Tourism Organization, (UNWTO) • Maribel Rodríguez Gamero, Senior Vice President of Membership & Commercial, World Travel & Tourism Council • Martin Eurnekian, Corporación América Airports (CAAP); Chair, ACI World • Maksim Soshkin ...

Aug 27, 2020 · Caribbean islands rely heavily on tourism for employment. More than 90% of jobs in Antigua and Barbuda in 2019 were in the sector. Last year one in 10 people worked in travel and tourism-related jobs , contributing $8.9 trillion, or around 10.3%, to the global economy.

Dec 16, 2024 · Domestic travel is expected to grow by 3% annually, reaching 19 billion lodging nights per year by 2030. This trend is particularly pronounced in countries like China, where the domestic travel market is projected to grow by 12% annually, potentially surpassing the United States as the world’s largest domestic travel market by 2030.