Strong tourism rebound projected in first quarter of 2020
While The Bahamas will miss its tourism goals for 2019 due to Hurricane Dorian, Minister of Tourism and Aviation Dionisio D’Aguilar said he expects a strong rebound in the first quarter of 2020 – as much as two percent.
“As we go into 2020 we expect the rebound to continue and certainly in the first quarter, if not flat up one or two percent, that’s what our forward projections at this time are telling us. That’s very good because, if you look at destinations like Puerto Rico and St. Maarten, 15 to 20 months out from the storm they were only at 70 percent pre-hurricane levels after Hurricane Maria,” D’Aguilar told Guardian Business.
“We are already back to 80 percent pre-Dorian levels, so we are bouncing back. “
Prior to the monster hurricane, which leveled parts of northern Bahamas, the country was poised to experience record-breaking visitor arrivals this year, however numbers are now pegged to come in much lower.
Still, tourism numbers are stronger than they were a year ago. Last month, the Ministry of Tourism said forward bookings for the last three months of the year were ahead one percent over last year, with October seeing a 3.2 percent increase.
Paige started working as a business reporter in August 2016.
Education: Palm Beach Atlantic University in 2006 with a BA in Radio and Television News
Latest posts by Paige McCartney (see all)
- Increased bookings for hotel sector post-Dorian - December 10, 2019
- Russell: Hoteliers have to determine best approach on BPL bond fee - December 10, 2019
- Minnis: At least 800 jobs added post-Dorian - December 9, 2019