News
Caribbean tourism growth
Monday 12 May 2008
Tourism capital investment in the Caribbean reached US$9.4 billion (£4.7 billion) in 2007.
That is according to the latest figures from KPMG's Fourth Annual Regional Banking Survey, and statistics released by the Caribbean Tourism Organisation and the World Travel and Tourism Council (WTTC).
It was also revealed that the figure accounted for 19.9 per cent of total regional investment, reports the Nation.
Anyone buying an investment property in the Caribbean will be pleased to hear that tourism is booming in the region and things look set to get better still.
"There is expected to be a 3.3 per cent annum growth of travel and tourism demand in the Caribbean in real terms for the period 2008-2017," wrote Simon Townend in the WTTC report.
Many people are attracted to buying investment properties in the Caribbean due to the islands' fantastic natural beauty.
Barbados is one of the most popular areas among tourists, as are St Lucia, the Dominican Republic and St Vincent.
That is according to the latest figures from KPMG's Fourth Annual Regional Banking Survey, and statistics released by the Caribbean Tourism Organisation and the World Travel and Tourism Council (WTTC).
It was also revealed that the figure accounted for 19.9 per cent of total regional investment, reports the Nation.
Anyone buying an investment property in the Caribbean will be pleased to hear that tourism is booming in the region and things look set to get better still.
"There is expected to be a 3.3 per cent annum growth of travel and tourism demand in the Caribbean in real terms for the period 2008-2017," wrote Simon Townend in the WTTC report.
Many people are attracted to buying investment properties in the Caribbean due to the islands' fantastic natural beauty.
Barbados is one of the most popular areas among tourists, as are St Lucia, the Dominican Republic and St Vincent.
|
Contact us now for FREE no obligation information and access to monthly WEALTH building newsletter and property investment course! |