Category: Travel Services
Caribbean Travel Services
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Macro - Country Economic Forecasts - Cayman Islands
... revised our short-term GDP growth forecast to 1.5% in 2025 due to lower growth expectations in the US post-liberation day tariffs. Nonetheless, the medium-term outlook remains positive, as we believe this won't permanently affect growth. Read More
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Destination Market Insight: Caribbean Region (2025)
... well as a SWOT analysis. Scope This report is part of GlobalData'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 ... Read More
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Macro - Country Economic Forecasts - Bahamas, The
... in growth reflects the convergence of the economy towards its medium-term potential. Consistent with this view, we forecast inflation will settle at 2% in 2025 on the back of relatively weak consumption growth in 2024. Read More
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Macro - Country Economic Forecasts - Anguilla
... for the country's domain name '.ai' and the anticipated gradual improvement of global market conditions early next year as central banks cut interest rates. However, previously high interest rates are still having enduring effects, so ... Read More
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Macro - Country Economic Forecasts - Antigua and Barbuda
... for Antigua and Barbuda by 1.4ppts to 2.8% y/y. We think the momentum from the post-pandemic recovery in tourism numbers will subside and growth levels will be closer to the economy's long-run potential growth rate. Read More
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Macro - Country Economic Forecasts - Grenada
... of Carriacou and Petit Martinique, will leave a lasting mark on the supply side of the economy. The impact on 2024 growth will be more severe. We've lowered our forecast for this year by 0.7ppts ... Read More
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Macro - Country Economic Forecasts - Guadeloupe
... decline to 1.7% in 2025 and 1.9% in 2026, we don't anticipate a strong recovery in consumption as cost-of-living pressures remain and earnings growth will slow. Our long-term outlook is subdued reflecting the current trend ... Read More
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Macro - Country Economic Forecasts - Puerto Rico
... Federal funds from disaster-relief programs and pandemic stimulus that buoyed infrastructure projects and private consumption will continue to fade. Still, resilient demand from mainland US will likely remain a benefit to Puerto Rico's exports and tourism sector, driving growth in the island's economy. Read More
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Macro - Country Economic Forecasts - Dominica
... our 2024 GDP forecast for Dominica to 4.2% and expect robust growth of 3.1% next year. Our forecast reflects strong near-term prospects due a major recovery in tourism, high public investment, and strong Citizenship-by-Investment revenues. Read More
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Analysis by Region - Emerging Markets - Cuba
... fuel shipments from Russia and Venezuela caused widespread blackouts, while Hurricane Rafael strained the already neglected infrastructure. In turn, we don't expect pre-pandemic output levels to be reached until 2029, with risks tilted to the ... Read More
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Macro - Country Economic Forecasts - St. Vincent and the Grenadines
... to 2.9%y/y for 2025 because of damage caused by Category 5 Hurricane Beryl in July. The impact of Beryl this year is likely to be moderate as critical infrastructure and tourism facilities escaped heavy damage. Read More
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Macro - Country Economic Forecasts - Cayman Islands
... expect GDP will grow by 1.9% next year before slowing down to 1.6% in 2026. Inflation is falling sharply as the global inflationary crisis keeps fading. So, we forecast inflation slightly below 2% for 2025. Read More
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Macro - Country Economic Forecasts - Virgin Islands (UK)
... Virgin Islands' economy will grow by 1.2% in 2024 and 1.6% in 2025. We've revised up our 2025 GDP forecast to reflect stronger-than-anticipated growth in the tourism sector, partly driven by the robust US economy. Read More
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Economy of English Speaking Caribbean - 2024
... Jamaica and Trinidad & Tobago are considered together in this study. The microstates of the region are not included. Issues discussed are internal budgets, external accounts, economic policies and, in some cases, levels of violence. Read More
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Macro - Country Economic Forecasts - Aruba
... over 80% of Aruba's overseas visitors, thereby boosting tourism activity. Arrivals are expected to surpass pre-pandemic levels in both 2023 and 2024. However, weak private investment is likely to constrain growth this year, as the ... Read More
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Tourism Desintation Market Insight - Caribbean (2024)
... as well as a SWOT analysis. Key Highlights Prior to COVID-19, inbound flows to the Caribbean grew at a CAGR of 3.04% between 2015 and 2019, reaching 21.57 million international arrivals in 2019. In 2023, ... Read More
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Cuba Hotels Market Size by Rooms (Total, Occupied, Available), Revenues, Customer Type (Business and Leisure), Hotel Categories (Budget, Midscale, Upscale, Luxury), and Forecast to 2026
... services, typically with a continuous staff presence) market have seen moderate change in the recent years and is also expected to evolve in similar fashion in the near future. The report Cuba Hotels Market Analytics ... Read More
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Analysis by Region - Emerging Markets - Barbados
... driven by a solid but slow tourism recovery. We forecast tourist arrivals will grow by 27% in 2023, down from 46% in 2022. We don't expect tourism to recover to the 2019 rate until 2026. Read More
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Caribbean Destination Tourism Insight Report including International Arrivals, Domestic Trips, Key Source / Origin Markets, Trends, Tourist Profiles, Spend Analysis, Key Infrastructure Projects and Attractions, Risks and Future Opportunities, 2023 Update
... 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 ... Read More
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Analysis by Region - Emerging Markets - Bahamas
... investment, as well as a 33% jump in exports this year. Unemployment continues to recover after job losses during the pandemic, falling by around 4ppts from 2021 to 14%. While we think the growth outlook ... Read More
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Havana - Comprehensive Overview of the City, PEST Analysis and Analysis of Key Industries including Technology, Tourism and Hospitality, Construction and Retail
... level metrics along with analytical coverage of the latest political, economic, social, technological, infrastructural, legal and environmental issues affecting Havana. Havana city is the most populous city in Cuba and one of the 15 provinces ... Read More
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Caribbean Tourism Destination Market Insight, 2022 Update
... as well as a SWOT analysis. Key Highlights In 2021 projected domestic tourism trips and inbound trips rose compared to 2020. As the Caribbean emerges from the worst of the pandemic and an earthquake in ... Read More
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Cuba Tourism and Hotel Market - Growth, Trends, Covid-19 Impact, and Forecasts (2022 - 2027)
... and hotel markets have been on a growth track over the years. Cuba has been attracting a growing number of leisure tourists with its beautiful landscapes, beaches, and many other factors which is helping it ... Read More
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