-
TypeJournal Article
-
Author(s)
Bourne, Compton and Augustine, St and Davis, Carlton G and Eidman, Vernon and Williams, Holman and Augustine, St -
ID
1014323
EDITORIAL ADVISORY BOARD
Tourism plays a vital role in the Caribbean region and it is one of the fastest growing industries globally. According to the World Travel and Tourism Council Report (2014), tourism's contribution to regional GDP of Caribbean is estimated at 14.2% in 2014 and it accounts for 11.4% of regional employment. As the two most common pillars of the region’s economy, sugar and bananas industries, have declined, tourism has increasingly become a major source of income for many of the Caribbean countries. For some countries tourism accounts for more than half of their GDP for example in the Bahamas and Antigua and Barbuda. With an increasing number of tourist arrivals and cruise ship visits per year, tourism continues to be an important opportunity for further promoting economic development in the Caribbean.
Something wrong with this information? Report errors here.