Tourism Registers 7% Growth in the Caribbean

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Tourism Registers 7% Growth in the Caribbean

Unread post by bimjim » Sun Mar 13, 2016 ... -9-growth/

Tourism Registers 7% Growth in the Caribbean
  • The Dominican Republic Reports an Impressive 8.9% Growth
March 11, 2016

According to the Caribbean Tourism Organization (CTO), the number of tourists visiting the Caribbean grew by 7%, for a total of 28.7 million tourists. The organization also reports an 8.9% jump in visitors to the Dominican Republic, for a total of 5.5 million tourists. In total, the Dominican Republic receives 19% of all visitors to the Caribbean.

In its annual report, the CTO revealed that visitors to the Caribbean spent approximately US$30 billion, a healthy increase of 4.2%, compared to US$28.8 billion in 2014.

Hugh Riley, Secretary General of the CTO, stated that “2015 was the second consecutive year that the region exceeded the growth of tourists from around the world, and the sixth consecutive year that growth is reported in the Caribbean.” He attributed the growth to improvements in the international markets, increased confidence in the U.S. market – an important source of tourists to the Caribbean – the fall in international oil prices, and an increase in the number of international flights to the country.

Tourists from the following countries and regions contributed to the increase: the United States, Canada, Europe and several countries in the Caribbean and Latin America.

Riley predicted that in 2016 the number of tourists visiting the region will register between 4.5% and 5.5%.
The Dominican Republic. In 2015 the Dominican Republic received 5.6 million tourists, of which 4.8 were international tourists and the rest were non-resident Dominicans.

The U.S. market maintained its leadership position, with the arrival of 2.8 million tourists, followed by Europe (1,134,370); South America (691,103); Central America and the Caribbean (208,132) and Asia (14,827).

In relation to 2014, in 2015 the number of foreign tourists visiting the country registered a growth rate of 8.25% (4.8 million), well above the average for the Caribbean. In 2014, that number registered at 4.5 million.

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