The contribution of cruise ship visits to the wider tourism industry is subject to some debate. It is generally agreed that Trinidad and Tobago receives fewer cruise ship visits than other parts of the Caribbean. Some propose policies to correct this and try to attract more ships. Others argue that cruise ship tourism – described as bringing in large numbers of visitors...
Tourism
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Articles & Analysis | A proposed southern loop could help boost the number of cruise ship visitors to Trinidad and Tobago from The Report: Trinidad & Tobago 2015
Articles & Analysis | New convention centre in Panama expected to provide significant boost to tourism from The Report: Panama 2015
Buoyed by increasing connectivity and promotional efforts at the international level, Panama’s meetings, incentives, conventions and exhibitions (MICE) segment has seen stable growth in the past few years. Panama forms a key part of the MICE market in the Central American region, and the short-term outlook for the segment is promising. Expansion of MICE infrastructure,...
Articles & Analysis | Panama tourism growth set to continue with new promotions and offerings from The Report: Panama 2015
The economic development Panama has experienced over the past decade has had a lasting impact on the tourism sector. Buoyed by expanded connectivity and increasing investment in hotels and convention centres, the sector has experienced unprecedented growth in the past few years. Today, it is a pillar of Panama’s economic development, generating more revenues than transit...
Buoyed by expanded connectivity and increasing investment, Panama’s tourism sector has experienced unprecedented growth in the past few years. Today, it is a pillar of economic development, generating more revenues than transit fees from the Panama Canal ($1.92bn) or the Colón Free Trade Zone ($1.9bn). According to the Tourism Authority of Panama, visitor numbers have grown every year since...
Despite slower GDP growth of 6.2% in 2014, according to the Ministry of Economy and Finance, Panama remains one of Latin America’s fastest growing economies, a trend set to continue in coming years with the IMF forecasting average annual growth of around 6.5% over the next five years.
Having just hosted the 15th annual Pacific Games, which ended this month, Papua New Guinea is hoping to build on that success to set itself up as a regional venue for international sporting and political events.