1. Market Research
  2. > Tourism and Leisure
  3. > Tourism Market Trends
  4. > Caribbean Tourism Report Q3 2016

Caribbean Tourism Report Q3 2016

  • June 2016
  • -
  • Business Monitor International
  • -
  • 48 pages

Includes 3 FREE quarterly updates

BMI View: Arrivals growth in the Caribbean will pick up to 2.5% in 2016, reflecting improved visitornumbers from Europe and North America. The Dominican Republic, St Eustatius and Cuba are expectingthe highest rate of arrivals growth, but all tourism markets except St Vincent will experience growth in2016. However, the outbreak of the Zika virus from late 2015 could pose downside risks to 2016 arrivalsforecasts.We currently expect arrivals to the Caribbean to grow by 2.5% in 2016, to 33.5mn, reflecting animprovement from growth of only 0.7% in 2015.

We expect the Dominican Republic, Cuba, St Eustatiusand St Lucia to post the highest level of arrivals growth in 2016, at around 6%, but we note the positive signthat all Caribbean countries except St Vincent will experience arrivals growth in 2016, for the first timesince the downturn.We hold an especially positive outlook on Cuba, given steady progress in the renewal of relations with theUS. This has already reaped benefits in terms of tourism, transport and hotel developments. PresidentObama has relaxed long-standing restrictions on US nationals visiting Cuba, meaning that Cuba can expectto benefit from increased US tourism. In addition, an aviation agreement signed in early 2016 paves the wayfor direct US-Cuba commercial flights, while a ferry service between Florida and Cuba. Moreover, in April,US hotel companies Starwood and Marriott announced plans to expand into the Cuban hotel sector.Altogether, we believe that this paves the way for long-term US investment into Cuba's hotel sector, whichwill present considerable opportunities over the forecast period.

Table Of Contents

Caribbean Tourism Report Q3 2016
BMI Industry View 7
Tourism 8
Industry Forecast 10
Regional Forecast 10
Table: Caribbean Inbound Tourism, 2012-2020 12
Table: Caribbean Country-By-Country Breakdown Of Arrivals, Excluding Cruise, 2014-2020 13
Table: Caribbean Arrivals By Method and Region, 2012-2020 16
Table: Caribbean Transport and Travel Receipts, 2012-2020 18
Table: Caribbean Hotel Accommodation, 2012-2020 20
Table: Caribbean Hotels and Restaurants Industry Value, 2012-2020 21
Country-Specific Forecasts 22
The Bahamas 22
Table: Bahamas Hotel Accommodation Figures, 2012-2020 23
The Dominican Republic 23
Table: Dominican Republic Hotel Accommodation Figures, 2012-2020 24
Jamaica 24
Table: Jamaica Hotel Accommodation Figures, 2012-2020 26
Aruba 26
Table: Aruba Hotel Accommodation Figures, 2012-2020 27
Cuba 27
Table: Cuba Hotel Accommodation Figures, 2012-2020 29
The Cayman Islands 29
Table: Cayman Islands Hotel Accommodation Figures, 2012-2020 30
Puerto Rico 30
Table: Puerto Rico Hotel Accommodation Figures, 2012-2020 31
Barbados 31
Table: Barbados Hotel Accommodation Figures, 2012-2020 32
St Lucia 32
Table: St Lucia Hotel Accommodation Figures, 2012-2019 33
Trinidad and Tobago 33
Industry Risk/Reward Index 34
Tourism Risk/Reward Index 34
Table: Caribbean - Tourism Risk/Reward Index 34
Rewards 35
Risks 36
Market Overview 37
Competitive Landscape 41
Domestic Hotel Groups 41
Table: Domestic Hotel Groups 41
International Hotel Groups 43
Table: International Hotel Groups 43
Methodology 45
Industry Forecast Methodology 45
Risk/Reward Index Methodology 46
Table: Weighting Of Indicators 48

View This Report »

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 24 Million searchable statistics with tables, figures & datasets
  • More than 10,000 trusted sources
24/7 Customer Support

Talk to Ahmad

+1 718 618 4302

Purchase Reports From Reputable Market Research Publishers
Global Tourism Vehicle Rental Market - Analysis of Growth, Trends Progress and Challenges (2015-2020)

Global Tourism Vehicle Rental Market - Analysis of Growth, Trends Progress and Challenges (2015-2020)

  • $ 4 250
  • Industry report
  • August 2016
  • by Mordor Intelligence LLP

The Global Tourism Vehicle Rental Services Market is expected to grow at a CAGR of 12.08% and touch $XX billion by 2020. Vehicle Rental services are relatively developed in the industrialized economies ...

Global and Chinese Tourism Industry, 2016 Market Research Report

Global and Chinese Tourism Industry, 2016 Market Research Report

  • $ 2 800
  • Industry report
  • July 2016
  • by Prof Research

The 'Global and Chinese Tourism Industry, 2011-2021 Market Research Report' is a professional and in-depth study on the current state of the global Tourism industry with a focus on the Chinese market. ...

Global Wellness Tourism Market 2016-2020

Global Wellness Tourism Market 2016-2020

  • $ 2 500
  • Industry report
  • July 2016
  • by Infiniti Research Limited

About Tourism People traveling to domestic or foreign locations and staying for not more than one consecutive year for business, leisure, and other purposes are defined as tourists. Tourism is one of the ...


Reportlinker.com © Copyright 2016. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.