Key Market Indicators
Caymanian tourism receipts are projected to hit approximately $391 million by 2028, up from around $338 million in 2023. This marks an average annual growth rate of 2.4%. Notably, since 2011, the Caymanian market has experienced an annual increase of 3.6%. In terms of tourist arrivals, the Cayman Islands are expected to welcome nearly 2.8 million visitors by 2028, rising from about 2.5 million in 2023. This represents a compound annual growth rate (CAGR) of 1.7%. Since 2000, the demand for Caymanian tourism has grown at an average rate of 1.1% per year.
