For the last several months, I have been helping to research and analyze tourism trends, especially investment, in the Caribbean for the International Finance Corproation. As many of you are no doubt aware, much of the Caribbean has been hit hard by the economic downturns in the US and Europe — the main generating markets […]
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Tourism development in the Americas.
In an editorial published Sunday August 5th by the New York Amsterdam News, Columnist Bevan Springer calls for increased recognition in the Caribbean for tourism as the sector with the most growth potential. However, there’s lots of competition rapidly appearing around the world, so some significant improvements are needed if the region is going to […]
British Columbia will launch a new province level tourism strategy next week at the 18th Annual British Columbia Tourism Industry Conference in Victoria. The strategy was developed by the uniquely named BC Ministry of Jobs, Tourism and Innovation. Check back with us next week for a summary of the strategy. Link to this post!
Taxpayers = Shareholders — a simple concept with a lot of validity that came out of a breakfast meeting at the Wild Wood Cafe in Whistler, Canada of a few local business owners. Frankly, this is the first time that I’ve seen this idea mentioned in the press. Enlighten me if you know of other […]
This week the Prime Minister of Aruba, a country with a population less than a Washington, DC neighborhood, declared sustainability a major strategy for his country. During a talk at Harvard University’s Kennedy School of Government, Prime Minister Eman said that “by harnessing a natural abundance of sun, wind and water, Aruba can become less […]
Canada has launched a new approach to developing tourism all across the country. The Government intends to implement a whole-of-government approach to enhance the federal government’s role as an effective partner with industry and other levels of government in support of an internationally competitive tourism sector. Guiding Principles Under a new whole-of-government approach, federal departments and agencies will be […]
Canada is faced with some of the same challenges as the US in attracting more international visitors: tight visa restrictions and security concerns. As the Gazette in Montreal reported today, “Canada is missing out on a potential economic tourism windfall, says the head of the country’s tourism agency. Surveys show that many foreign tourists would […]
Given slower economic growth and persistently high unemployment rates in the US and Europe — both key generating markets for tourism to Latin America and the Caribbean, it is not surprising that the IMF is forecasting slower tourism growth as well. In fact, for much of the Caribbean, the region is already experiencing weak tourism […]