DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/k3n8qf/caribbean_tourism) has announced the addition of the "Caribbean Tourism Report Q3 2012" report to their offering.
The Caribbean Tourism Report provides industry professionals and strategists, corporate analysts, tourism associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on Caribbean's tourism industry.
The Caribbean Tourism Report examines the enormous long-term potential of the market, given its reputation as a major tourism destination, but analyses the impact of a slowdown in Europe - one of its major markets - especially as the Caribbean is a relatively expensive holiday destination The report examines how best to maximise returns in the Caribbean tourism market, capitalising on the region's wide variety of tourism destinations and well developed tourism infrastructure. The report also assesses differences between the key island groupings and which are recovering more swiftly.
We also analyse the key players in the Caribbean market, both domestic and foreign, and the development strategies they are employing to maximise returns during the economic slowdown.
Key Findings
Data released by the Caribbean Tourism Organisation (CTO) in April 2012 showed that the region enjoyed a good start to the year, with only one country experiencing a decline in tourist arrivals; the lowest number of countries to do so since the financial crisis hit in 2007.
This country was Dominica, with an arrivals decline of 5.2% year-on-year (y-o-y). However, Dominica has as yet only reported arrivals data for January, meaning that arrivals may pick up in the rest of the traditional high season.
Of the other countries, only Aruba and Barbados have reported data for the first quarter of 2011, experiencing arrivals growth of 2.4% y-o-y and 2.3% y-o-y respectively, Of those reporting January- February arrivals data, Guyana experienced a surge in arrivals growth of 18.7% y-o-y, followed by Martinique (10.9%), the US Virgin Islands (9.0%) and Anguilla (7.7%). Although this data is only for two or three months, it does indicate that the improving arrivals trend in late 2011 is continuing into 2012, oding well for arrivals throughout the year.
For more information visit http://www.researchandmarkets.com/research/k3n8qf/caribbean_tourism