Resilience of the Caribbean Tourism Industry - New Evidence from a Firm Survey: 360 Degree Resilience Background Paper
Natural hazards, including hurricanes, floods and landslides, are a common phenomenon in the Caribbean, affecting both residents and private companies. Researchers estimate probability of Caribbean country to be hit by a natural hazard as 14% in any given year, making it one of the most vulnerable r...
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Washington, D.C
The World Bank
2021
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| Schriftenreihe: | Other papers
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| Online-Zugang: | kostenfrei |
| Zusammenfassung: | Natural hazards, including hurricanes, floods and landslides, are a common phenomenon in the Caribbean, affecting both residents and private companies. Researchers estimate probability of Caribbean country to be hit by a natural hazard as 14% in any given year, making it one of the most vulnerable regions in the world. In recent years, several super storms have devastated the region, including Hurricane Maria, Hurricane Irma, Hurricane Matthew and Tropical Storm Dorian causing immense damages. The World Travel and Tourism Council ranks the Caribbean as the most tourism-dependent region relative to the contribution of travel and tourism to gross domestic product (GDP). The sector has grown continuously since the 1970s. Between 2080 and 1995 average annual growth in tourist arrivals was 5 percent. The growth continued for the following 15 years, but average annual growth slowed to 2.4 percent. Before the COVID-19 crisis, arrivals were expected to continue to grow but slower than international average. COVID-19 has completely changed the outlook for tourism, and it is still early to tell what recovery will look like as the crisis is still unfolding |
| Beschreibung: | 1 Online-Ressource |
| DOI: | 10.1596/36410 |
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| 520 | 3 | |a Natural hazards, including hurricanes, floods and landslides, are a common phenomenon in the Caribbean, affecting both residents and private companies. Researchers estimate probability of Caribbean country to be hit by a natural hazard as 14% in any given year, making it one of the most vulnerable regions in the world. In recent years, several super storms have devastated the region, including Hurricane Maria, Hurricane Irma, Hurricane Matthew and Tropical Storm Dorian causing immense damages. The World Travel and Tourism Council ranks the Caribbean as the most tourism-dependent region relative to the contribution of travel and tourism to gross domestic product (GDP). The sector has grown continuously since the 1970s. Between 2080 and 1995 average annual growth in tourist arrivals was 5 percent. The growth continued for the following 15 years, but average annual growth slowed to 2.4 percent. Before the COVID-19 crisis, arrivals were expected to continue to grow but slower than international average. COVID-19 has completely changed the outlook for tourism, and it is still early to tell what recovery will look like as the crisis is still unfolding | |
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| spellingShingle | Erman, Alvina Resilience of the Caribbean Tourism Industry - New Evidence from a Firm Survey 360 Degree Resilience Background Paper Climate Change Impacts Coronavirus COVID-19 Environment Hazard Risk Management Natural Disasters Tourism and Ecotourism Urban Development |
| title | Resilience of the Caribbean Tourism Industry - New Evidence from a Firm Survey 360 Degree Resilience Background Paper |
| title_auth | Resilience of the Caribbean Tourism Industry - New Evidence from a Firm Survey 360 Degree Resilience Background Paper |
| title_exact_search | Resilience of the Caribbean Tourism Industry - New Evidence from a Firm Survey 360 Degree Resilience Background Paper |
| title_exact_search_txtP | Resilience of the Caribbean Tourism Industry - New Evidence from a Firm Survey 360 Degree Resilience Background Paper |
| title_full | Resilience of the Caribbean Tourism Industry - New Evidence from a Firm Survey 360 Degree Resilience Background Paper Alvina Erman |
| title_fullStr | Resilience of the Caribbean Tourism Industry - New Evidence from a Firm Survey 360 Degree Resilience Background Paper Alvina Erman |
| title_full_unstemmed | Resilience of the Caribbean Tourism Industry - New Evidence from a Firm Survey 360 Degree Resilience Background Paper Alvina Erman |
| title_short | Resilience of the Caribbean Tourism Industry - New Evidence from a Firm Survey |
| title_sort | resilience of the caribbean tourism industry new evidence from a firm survey 360 degree resilience background paper |
| title_sub | 360 Degree Resilience Background Paper |
| topic | Climate Change Impacts Coronavirus COVID-19 Environment Hazard Risk Management Natural Disasters Tourism and Ecotourism Urban Development |
| topic_facet | Climate Change Impacts Coronavirus COVID-19 Environment Hazard Risk Management Natural Disasters Tourism and Ecotourism Urban Development |
| url | https://doi.org/10.1596/36410 |
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