Bad news for Caribbean
A survey from KPMG concludes there will be no "meaningful growth" in the Caribbean tourist market until 2014 at the earliest.
"While there are some signs that the tide may be turning, a recovery in visitor arrivals will take time to translate into a recovery for residential and mixed-use projects in the region," the survey found. "Those hoping for a quick recovery will be disappointed and will have to be patient."
The challenge for the tourist market is the "delicate and fragile" economic recovery, said MPLG, an audit and tax advisory firm.
The good news in KPMG’s annual Caribbean Region Financing Survey was that some hoteliers and destinations had a positive first quarter where there were modest rate gains and increases in occupancy.
Antigua, for one, posted an overall boost for the first three months, and in April it registered its highest hotel occupancies, 63.8%, since 2008, according to the Antigua Hotels and Tourist Association.
By David Wilkening
David
Vegas’s Billion-Dollar Secrets – What They Don’t Want Tourists to Know
Visit Florida’s New CEO Bryan Griffin Shares His Vision for State Tourism with Graham
Chicago’s Tourism Renaissance: Graham Interviews Kristin Reynolds of Choose Chicago
Graham Talks with Cassandra McCauley of MMGY NextFactor About the Latest Industry Research
Destination International’s Andreas Weissenborn: Research, Advocacy, and Destination Impact
Graham and Don Welsh Discuss the Success of Destinations International’s Annual Conference
Graham and CEO Andre Kiwitz on Ventura Travel’s UK Move and Recruitment for the Role
Brett Laiken and Graham Discuss Florida’s Tourism Momentum and Global Appeal
Graham and Elliot Ferguson on Positioning DC as a Cultural and Inclusive Global Destination
Graham Talks to Fraser Last About His England-to-Ireland Trek for Mental Health Awareness
Kathy Nelson Tells Graham About the Honour of Hosting the World Cup and Kansas City’s Future
Graham McKenzie on Sir Richie Richardson’s Dual Passion for Golf and His Homeland, Antigua
ADS PRO 
Phocuswright reveals the world's largest travel markets in volume in 2025
Cyclone in Sri Lanka had limited effect on tourism in contrary to media reports
Higher departure tax and visa cost, e-arrival card: Japan unleashes the fiscal weapon against tourists
In Italy, the Meloni government congratulates itself for its tourism achievements
Singapore to forbid entry to undesirable travelers with new no-boarding directive