Caribbean Hotel Investment Opportunities
AN ATTRACTIVE MARKET Tourism is a major economic sector in the Caribbean with a strong potential for growth. It is the most tourism-penetrated region in the world in terms of GDP. In 2017, relative to 2009, tourist arrivals grew by 38% and international tourism receipts by 63%
2013 - 2016 AVERAGE GROWTH
CARIBBEAN: TOURIST ARRIVALS & EXPENDITURE
CARIBBEAN WORLD
TOURIST ARRIVALS
5.1%
4%
TOURISM RECEIPTS
5.3%
4.2%
AN AFFORDABLE, HIGHLY EDUCATED AND SERVICE-ORIENTED WORKFORCE
An affordable, highly educated and service oriented workforce
• Multilingual population
• Available talent pool: 2.3 million people are employed in the tourism sector, 13% of total employment.
English
French
• Competitive labour cost. Minimum labour (US$150-US$590)
Spanish
• Tourism and Hospitality Training at vocational and tertiary levels available throughout the region.
Dutch
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