Travel & Tourism in the Caribbean: Prospects for growth

Find out the economic impact of Travel & Tourism in the Caribbean region in this data-rich insights report which analyses the impact of COVID-19 on Travel & Tourism jobs and the sector’s contribution to GDP, as well as providing policy recommendations.

Find out the economic impact of Travel & Tourism in the Caribbean region in this data-rich insights report which also analyses the impact of COVID-19.

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Report details

The Caribbean is the region most reliant on Travel & Tourism globally. This report analyses the extent to which the Caribbean’s Travel & Tourism sector was affected by, and has recovered from, the COVID-19 pandemic.

The report assesses and ranks Caribbean economies on various economic measures including:

Total and relative contribution of Travel & Tourism to GDP

Growth in the sector’s contribution to GDP in 2019 and 2021

Forecast growth in the sector’s contribution to GDP in the decade to 2032

The report also provides examples of positive support measures introduced by Caribbean governments to help businesses during the COVID-19 pandemic, as well as discussing some of the key regional challenges for the sector, along with recommended solutions. These include:

A lack of air connectivity and the prohibitive cost of air travel in the Caribbean

The need for more investment infrastructure and digital travel solutions in the region

Staff shortages

Crisis preparedness

Sustainability and environmental protection

For further explanation of the methodology and sources behind this Economic Impact Research, please refer to these two supporting papers: 'Methodology'and 'Data Sources and Estimation Techniques'.

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