Latest News

Tourism revenue outpacing arrivals, says Bartlett, US$3.3b projected by year end

Saturday, October 13, 2018

Print this page Email A Friend!


KINGSTON, Jamaica — Minister of Tourism Edmund Bartlett has highlighted that revenue from both cruise and stopover arrivals are outpacing total arrival figures.

Speaking at the Ministry of Tourism's recent two day mid-term review and strategic planning retreat, Bartlett said, “preliminary data from the Jamaica Tourist Board shows that foreign exchange earnings are outpacing arrival figures by ten per cent.

Last year we saw an unprecedented 4.3 million visitors, which translated to US$3 billion in foreign exchange earnings and the projection is that by the end of this year, Jamaica will see earnings of US$3.3 billion.”

The retreat included all agencies of the Ministry of Tourism — the Jamaica Tourist Board, Tourism Enhancement Fund, Tourism Product Development Company, Devon House Development Company, Jamaica Vacations Ltd, Bath Fountain Hotel and Spa and Milk River Hotel and Spa.

“From this two day self-analysis we were able to drill down to critical programme areas and review our progress so far using data. Of note is that it has been highlighted that for the last five years, our arrivals have grown by 35 per cent and revenue by over 40 per cent which means that we on a positive upward trajectory in both areas,” said Bartlett.

In 2016, Bartlett established 5x5x5 growth targets for the ministry and its agencies, seeking to grow the tourism contribution to the economy by providing 5 million visitors over a five year period; earn US $5 billion; employ 125,000 directly in the industry; increase room stock by 15,000; and grow at five per cent per annum.

“Through the strategic and deliberate approach of my ministry and agencies, we are seeing that the KPIs established may have to be revised as we are well on target to achieving and even surpassing these benchmarks. The team has done a tremendous job and through their hard work the sector is experiencing a boom we expected to continue,” Bartlett said.

ADVERTISEMENT




POST A COMMENT

HOUSE RULES

1. We welcome reader comments on the top stories of the day. Some comments may be republished on the website or in the newspaper � email addresses will not be published.

2. Please understand that comments are moderated and it is not always possible to publish all that have been submitted. We will, however, try to publish comments that are representative of all received.

3. We ask that comments are civil and free of libellous or hateful material. Also please stick to the topic under discussion.

4. Please do not write in block capitals since this makes your comment hard to read.

5. Please don't use the comments to advertise. However, our advertising department can be more than accommodating if emailed: advertising@jamaicaobserver.com.

6. If readers wish to report offensive comments, suggest a correction or share a story then please email: community@jamaicaobserver.com.

7. Lastly, read our Terms and Conditions and Privacy Policy



comments powered by Disqus
ADVERTISEMENT

Poll

ADVERTISEMENT
ADVERTISEMENT

Today's Cartoon

Click image to view full size editorial cartoon
ADVERTISEMENT