Analysis of destination markets, infrastructure, and attractions, as well as risks and opportunities in the Caribbean. This report explores the types of travelers that visit the region as well as a SWOT analysis.
Key Highlights
- International arrivals increased significantly in 2022, with an average YoY rise of xx% across the whole Caribbean. This is a good omen for the recovery, with the publisher forecasting a return to pre-COVID-19 levels by 2024
- Adventure tourism is one of the industry's most popular branches of niche tourism. According to a the publisher Q3 2021 Global Consumer survey, xx% of respondents take an adventure or athletic vacation, making adventure tourism the second-most popular niche tourist activity among respondents, behind only cultural tourism
- Prior to the pandemic, international arrivals to Barbados were continuously increasing, with inbound tourism increasing at a CAGR of xx% between 2014 and 2019. However, owing to COVID-19 travel limitations, the number of arrivals in 2020 and 2021 plummeted dramatically
- The worldwide industry is responsible for xx% of all global greenhouse gas emissions, while for tiny islands like Dominica and St. Lucia, tourism may account for as much as xx% and xx% of domestic carbon emissions, respectively
- Since 2015 international arrivals to the Bahamas were steadily growing, with inbound visitation between 2014-2019 yielding a CAGR of xx%
Scope
- This report is part of the publisher's Destination Market Insights Series. These reports provide an in-depth analysis of a tourist destination and its key source markets, as well as an assessment of the trends and issues in the covered destination market, in this case the Caribbean
Reasons to Buy
- Obtain a clear and detailed insight into new developments in a highly popular tourist destination
- Use data and analysis to explore future trends related to international arrivals, airlines, niche tourism, and hotel developments
- Gain a strong understanding of the opportunities in the market, as well as the risks, to support better business decisions
Table of Contents
- Overview
- Key Trends
- COVID-19 Impact
- Source Markets
- Types of Tourism
- Destination Focus
- Regional Risk & SWOT Analysis
- Appendix
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- American Airlines
- Virgin Atlantic
- Frontier Airlines
- Delta Airlines
- Tropic Ocean Airways
- Margaritaville
- Mariott