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Resilience of the Caribbean Tourism Industry - New Evidence from a Firm Survey: 360° Resilience Background Paper

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dc.contributor.authorErman, Alvina
dc.contributor.authorDe Vries Robbe, Sophie Anne
dc.contributor.authorBrowne, Nyanya
dc.contributor.authorSolis Uehara, Carla
dc.date.accessioned2021-10-27T15:54:36Z
dc.date.available2021-10-27T15:54:36Z
dc.date.issued2021-10-01
dc.description.abstractNatural 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.en
dc.identifierhttp://documents.worldbank.org/curated/undefined/599401635337080916/360-Resilience-A-Guide-to-Prepare-the-Caribbean-for-a-New-Generation-of-Shocks-Resilience-of-the-Caribbean-Tourism-Industry
dc.identifier.doi10.1596/36410
dc.identifier.urihttps://hdl.handle.net/10986/36410
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.subjectNATURAL DISASTER RISK
dc.subjectWATER INFRASTRUCTURE
dc.subjectENERGY INFRASTRUCTURE
dc.subjectINFRASTRUCTURE RESILIENCE
dc.subjectSUPPLY CHAIN
dc.subjectCLIMATE CHANGE IMPACT
dc.subjectTOURISM
dc.subjectDISASTER PREPAREDNESS
dc.subjectRECOVERY
dc.subjectCOVID-19
dc.subjectCORONAVIRUS
dc.subjectPANDEMIC IMPACT
dc.subjectASSET LOSS
dc.subjectINDIRECT IMPACT
dc.titleResilience of the Caribbean Tourism Industry - New Evidence from a Firm Surveyen
dc.title.subtitle360° Resilience Background Paperen
dc.typeWorking Paperen
dc.typeDocument de travailfr
dc.typeDocumento de trabajoes
dspace.entity.typePublication
okr.crossref.titleResilience of the Caribbean Tourism Industry - New Evidence from a Firm Survey
okr.date.disclosure2021-10-27
okr.date.doiregistration2025-05-05T12:29:26.060657Z
okr.date.lastmodified2021-10-26T00:00:00Zen
okr.doctypePublications & Research
okr.doctypePublications & Research::Working Paper
okr.docurlhttp://documents.worldbank.org/curated/undefined/599401635337080916/360-Resilience-A-Guide-to-Prepare-the-Caribbean-for-a-New-Generation-of-Shocks-Resilience-of-the-Caribbean-Tourism-Industry
okr.guid599401635337080916
okr.identifier.externaldocumentum090224b088ada337_1_0
okr.identifier.internaldocumentum33542931
okr.identifier.report165665
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/599401635337080916/pdf/360-Resilience-A-Guide-to-Prepare-the-Caribbean-for-a-New-Generation-of-Shocks-Resilience-of-the-Caribbean-Tourism-Industry.pdfen
okr.region.administrativeLatin America & Caribbean
okr.region.geographicalCaribbean
okr.topicEnvironment::Climate Change Impacts
okr.topicEnvironment::Natural Disasters
okr.topicEnvironment::Tourism and Ecotourism
okr.topicUrban Development::Hazard Risk Management
okr.unitSLCUR Urban LCR
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