Jamaica’s Minister of Tourism, Edmund Bartlett has stated that Jamaica is experiencing its biggest winter season in the history of tourism, adding that the tourism boom is set to continue, according to a press release.
“For the January to March 2023 period, it is estimated that Jamaica welcomed 1.18 million visitors, which represents a growth of 94.4 percent when compared to the same period in 2022. This represents earnings of $1.15 billion, 46.4 percent above the $786.8 million earned for the same period in 2022,” said Bartlett.
“If there was ever an industry that has the potential to transform our nation, our communities and the lives and livelihoods of the Jamaican people for the better, it is tourism.
Bartlett added that gross domestic product (GDP) for the economy is projected to grow by up to 3.0 percent to 5.0 percent during January – March 2023 compared to the same period in 2022.
Speaking at the Sectoral Debate in Parliament, Bartlett said that arrivals for 2022 were up by 117 percent while earnings were up by 71.4 percent compared to 2021. In 2022, Jamaica welcomed 3.3 million visitors and earned about $3.7 billion. Projections earnings in 2024 go up to $4.1 billion.
“Never before in the history of Jamaica has tourism made such a great contribution to the national economy and we are willing to contribute to that process and to make even greater contributions,” added Bartlett.
“Investments continue to boom to drive the industry’s recovery (and) over the last five years tourism investment contributed 20 percent of the island’s total foreign direct investments (FDI) and over the next 5 to 10 years, there are multiple upcoming investment projects which will see the addition of 15,000 to 20,000 new rooms with an investment of $4 billion to $5 billion.”