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Be Ready: Building a Resilient Future for Tourism

10 Ene 2025 | Infografía

A Roadmap for Business and Community Growth This infographic outlines key strategies for sustainable business development and community empowerment. It highlights essential steps to enhance data collection, expand into niche markets, and reduce operational costs, while also addressing skills gaps and integrating sustainable practices. Additionally, it emphasizes the importance of engaging with local communities, investing in infrastructure, and preparing comprehensive crisis management plans. These actions together form a blueprint for boosting business resilience and fostering community love.…

Building post-pandemic economic resilience by diversifying tourism: the case of Antigua and Barbuda, Saint Kitts and Nevis and Saint Lucia

29 Abr 2024 | Publicación

Through a combination of primary and secondary research, this study sheds light on the effects of the pandemic on the tourism industries of the small island states of Antigua and Barbuda, Saint Lucia, and Saint Kitts and Nevis. Additionally, the study seeks to identify potential areas for niche market development to diversify the tourism sector in these destinations. Using a counterfactual analysis, visitor expenditure losses were estimated at over $7 billion over the period 2020 to 2022, among the three countries under review. The easing of restrictions on movement in 2021 and 2022 however al…

Caribbean Outlook 3: Economic recovery and repositioning in the era of COVID-19. Policy Brief

2 Ene 2023 | Publicación

The economies of the subregion were hard hit by the COVID-19 pandemic, particularly those dependent on tourism. As a result, the Caribbean has seen a reversal of the hard-won gains achieved in growing their economies and reducing unemployment and inequality. The inflation stemming from pandemic supply chain disruption, which has been exacerbated by the war in Ukraine, has made the sustained uptick in economic performance beyond pre-pandemic levels unlikely, notwithstanding strong growth estimates for 2021 and 2022. The last two years have taught the region that continued ‘business as usual’ is…

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