Published On: Wed, Oct 28th, 2015

Year to Date: Stay over Arrivals and Economic Impact

hotelsWILLEMSTAD - In the first nine months of the year the number of stay over arrivals visiting Curaçao grew by 4% from 325.167 to 337.594. An additional 12.427 stay over arrivals was registered with growth coming from the North American and the European region. The regions grew respectively by 21 and 4% The South American and Caribbean region recorded a neutral growth of 0% during the first nine months. The market share from the main regions is North America (17.6%), South America (28.1%), Caribbean (7.5%), Europe (42.5%) and others (4.3%).

Utilizing the ‘Turistika Model’, CTB and MEO calculated that during the first nine months of 2015 the tourism sector was directly responsible for generating $323.1 million US dollars into the local economy. There has been an increase in direct spending where last year the first nine months of 2014 visitors generated a total of $302.1 million US dollars into the economy. European visitors are responsible for 45.8% of the total expenditure on island. Altogether Europeans spent a total $148.1 million US dollars. They were followed by the South Americans who spent $82.2 million US dollars and the North Americans who spent $64.6 million US dollars. The Caribbean visitors spent a total of $18.0 million US dollars in 2015.

As stated previously, the ‘Turistika Model’ shows a total direct spending from January through September 2015 of $323.1 million US dollars. This direct spending of the overall visitors transpired mainly in the accommodation, food & beverage, shopping activities, transportation sector and direct taxes. The share from the total spending is respectively 36.3%, 24.1%, 22.7%, 9.3% and 7.6%.

Click on link for Overall Visitor Arrival Performance September 2015 (1)

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