By NAN Business Editor
News Americas, NEW YORK, NY, Fri. April 20, 2018: A statistical analysis on the impact of the 2017 hurricane season on the Caribbean’s travel and tourism sector is in, thanks to The World Travel & Tourism Council. Here are 6 key figures you should note from this report:
This is the estimated loss in visitors to the Caribbean in 2017, compared to pre-hurricane forecasts.
2: US$741 million
This is the estimated revenue lost to the region based on the loss off visitors.
This is the estimated number of jobs lost because of the ruined tourist season.
4: US$3 billion
Research from the WTTC suggests that recovery to previous levels could take up to four years, and if this is the case, the region will miss out on over US$3 billion over this timeframe.
5: 15.2 percent
This is the percentage of income the Caribbean’s tourism sector contributes to the regional Gross Domestic Product, (GDP).
6: 13.8 percent
This is the percentage of employment the Caribbean’s tourism sector accounts for across the region.