Publication:
Rethinking Caribbean Tourism: Strategies for a More Sustainable Future

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dc.contributor.authorWorld Bank
dc.date.accessioned2025-03-26T19:10:05Z
dc.date.available2025-03-26T19:10:05Z
dc.date.issued2025-03-26
dc.description.abstractThis report assesses the current performance of tourism in the Caribbean1 and, in light of the new trends, identifies future pathways and policies for sustainable growth in three targeted segments. These segments were selected to include the traditional markets of cruise and all-inclusive resort accommodation as well as new opportunities in the high-value segment of adventure tourism. Cruise and all-inclusive resorts continue to be priorities for governments as they provide jobs, stimulate foreign direct investment (FDI), and generate the majority of regional demand (WTTC, 2022) (CTO, 2020). However, influence and market power in these segments have also created environmental and social risks and inhibited tourism diversification. Adventure tourism offers potential to add value and diversity to the rich endowment of natural and cultural assets and expand the value proposition and local economic impact of traditional markets. Additionally, it can create a new ecosystem of suppliers appealing to an entirely different market segment of high-spending tourists. Segment selection was based on analysis of current impacts, growth projections, and scales of environmental and social externalities that examined the importance and value of the segments to the Caribbean. It also integrated feedback from consultations with key stakeholders and alignment with national policies and trends.en
dc.identifierhttp://documents.worldbank.org/curated/en/099032425104521240
dc.identifier.doi10.1596/43002
dc.identifier.doihttps://doi.org/10.1596/43002
dc.identifier.urihttps://hdl.handle.net/10986/43002
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC: World Bank
dc.rightsCC BY-NC 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttps://creativecommons.org/licenses/by-nc/3.0/igo
dc.subjectINDUSTRY
dc.subjectTOURISM
dc.subjectSUSTAINABLE CITIES AND COMMUNITIES
dc.subjectSUSTAINABLE GROWTH
dc.subjectFOREIGN DIRECT INVESTMENT
dc.titleRethinking Caribbean Tourismen
dc.title.subtitleStrategies for a More Sustainable Futureen
dc.typeReport
dspace.entity.typePublication
okr.date.disclosure2025-03-26
okr.date.doiregistration2025-04-14T11:50:29.648812Z
okr.date.lastmodified2025-03-26T18:03:30Zen
okr.doctypeEconomic & Sector Work::General Economy, Macroeconomics and Growth Study
okr.doctypeEconomic & Sector Work
okr.docurlhttp://documents.worldbank.org/curated/en/099032425104521240
okr.guid099032425104521240
okr.identifier.docmidP179920-d1ae148a-338f-44f1-9588-44777b0bc4b1
okr.identifier.externaldocumentum40002647
okr.identifier.internaldocumentum40002647
okr.identifier.report200019
okr.import.id6982
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttps://documents.worldbank.org/curated/en/099032425104521240/pdf/P179920-d1ae148a-338f-44f1-9588-44777b0bc4b1.pdfen
okr.region.geographicalCaribbean
okr.sectorFY17 - Tourism
okr.sectorIndustry, Trade and Services
okr.themeFY17 - Adaptation,FY17 - Climate change,FY17 - Gender,FY17 - Data Development and Capacity Building,FY17 - Data production, accessibility and use,FY17 - Oceans,FY17 - Rural Non-farm Income Generation,FY17 - Renewable Natural Resources Asset Management,FY17 - Cultural Heritage,FY17 - Rural Development,FY17 - Mitigation
okr.themeFY17 - Environment and Natural Resource Management,FY17 - Human Development and Gender,FY17 - Public Sector Management,FY17 - Urban and Rural Development
okr.topicEnvironment::Tourism and Ecotourism
okr.topicIndustry::Accommodation & Tourism Industry
okr.topicInternational Economics and Trade::Foreign Direct Investment
okr.unitEFI-LCR-FCI-Finance (ELCFN)
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