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Caribbean Tourism Report Q1 2016

  • December 2015
  • -
  • Business Monitor International
  • -
  • 48 pages

Includes 3 FREE quarterly updates

BMI View: The ongoing economic uptick in the US will translate into rising departures to the Caribbean in2015, with St Lucia, St Eustatius, the Cayman Islands and Cuba set to perform particularly well. We seeparticular opportunities in Cuba, with the US-Cuba diplomatic rapprochement boosting prospects for arelaxation of the bilateral tourist regime.The Caribbean is a popular tourist market, attracting high numbers of visitors from North America andEurope. Its many beaches and islands have encouraged the development of a high-end, resort-ledaccommodation sector, with very few budget alternatives on offer. For this reason, the Caribbean is arelatively expensive destination and can be vulnerable to economic fluctuations in its major source markets.In addition, transport infrastructure is lagging behind hotel infrastructure, although we note that there areseveral major airport expansion projects under way.

Table Of Contents

Caribbean Tourism Report Q1 2016
BMI Industry View 7
BMI Industry View 8
SWOT 9
Tourism 9
Industry Forecast 11
Regional Forecast 11
Table: Caribbean Inbound Tourism, 2012-2019 13
Table: Caribbean Country-By-Country Breakdown Of Arrivals, Excluding Cruise, 2014-2019 13
Table: Caribbean Arrivals By Method and Region, 2012-2019 17
Travel 19
Table: Caribbean Transport and Travel Receipts, 2012-2019 19
Hotels 20
Table: Caribbean Hotel Accommodation, 2012-2019 21
Table: Caribbean Hotels and Restaurants Industry Value, 2012-2019 22
Country-Specific Forecasts 23
The Bahamas 23
Table: Bahamas Hotel Accommodation Figures, 2012-2019 24
The Dominican Republic 24
Table: Dominican Republic Hotel Accommodation Figures, 2012-2019 25
Jamaica 25
Table: Jamaica Hotel Accommodation Figures, 2012-2019 26
Aruba 27
Table: Aruba Hotel Accommodation Figures, 2012-2019 27
Cuba 28
Table: Cuba Hotel Accommodation Figures, 2012-2019 29
The Cayman Islands 30
Table: Cayman Islands Hotel Accommodation Figures, 2012-2019 30
Puerto Rico 31
Table: Puerto Rico Hotel Accommodation Figures, 2012-2019 31
Barbados 32
Table: Barbados Hotel Accommodation Figures, 2012-2019 32
St Lucia 32
Table: St Lucia Hotel Accommodation Figures, 2012-2019 33
Trinidad and Tobago 33
Table: Trinidad and Tobago Hotel Accommodation Figures, 2012-2019 34
Industry Risk/Reward Index 35
Tourism Risk/Reward Index 35
Table: Caribbean - Tourism Risk/Reward Index 35
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

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