Published On: Fri, Jun 23rd, 2017

Tourism: Economic Impact, Visitor Arrivals and Visitor Nights

WillemstadWILLEMSTAD - Data generated from the ‘Turistika Model’ shows that a direct impact of $ 218.0 million US dollars is generated for the local economy in the first five months of 2017. Last year, the direct impact generated the same amount of money for the local economy. At least half of the economic impact (53%) is generated from European visitors.  European visitors are responsible for $ 115.7 million US dollars. The North American, South American and other regions generated respectively $ 53.7, $ 36.1 and $ 12.5 million US dollars.

The total spending per visitor derives from the number of nights spent on the island. Equal economic impact means in this case that visitors from the top two producing regions, Europe and North America, are staying longer and thus are spending more money while on the island. We might see an overall negative outcome in visitor arrivals; nonetheless, the economic impact is not affected by the loss from overall arrivals.

In total 173,469 stayover visitors were welcomed in Curaçao in the first five months of 2017. Last year we counted 196,005 stayover visitors over the same period, a decrease of 11%.  Despite the negative stayover arrivals performance during the first five months, we see an increase in the average nights spent on the island. The preliminary statistics show an overall average of 8.8 nights per visitor in the first five months of 2017 compared to 7.9 nights in 2016. An increase of 11% is registered during the first five months of 2017. In total visitors spent 1,531,727 nights in Curaçao. 63.1% of the visitors nights spent are from European visitors, representing 967,198 nights from the region. In total an increase of 6% visitor nights is registered from European visitors. From North America, the visitor nights increased by 3%. A total of 261,983 nights are registered in the first five months from this region.

Click on the link below for the statistics

May 2017 Visitor Arrivals

 

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