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 Tourism Industry in the Global Context · Trinidad and Tobago has the 7th largest Travel & Tourism economy in the Caribbean with a total demand of US$1.8bn. and a contribution to the country’s GDP of US$1.1bn.
· Over the next 10 years, the gains for the Travel & Tourism Visitors Exports in Trinidad and Tobago are expected to grow by a strong 7.2 % per annum. Global and Caribbean Visitor Exports are forecast to grow at 5.7% and 3.9% per year respectively.
· Trinidad and Tobago’s Travel & Tourism Demand is projected to grow at an average 5.2% per annum over the next 10 years.
· This will exceed worldwide growth of 4.6% per annum as well as the 3.4% annual average growth forecast for the Caribbean.
Source:World Travel and Tourism Council (WTTC) 2005
Cruise
Passenger Arrivals (2002-2005)
Nationality
2002
2003
2004
2005
USA
21,152
15,314
5,207
7,325
Canada
3,405
4,666
1,736
1,084
UK
13,928
19,081
32,346
54,526
Germany
14,550
12,542
10,636
2,071
Other
7,012
3,929
4,329
2,185
TOTAL
60,047
55,532
54,254
67,191
Source: Central Statistical Office of
Trinidad & Tobago
Room Stock (2006)
| Total for Trinidad* |
Total for Tobago* |
| - Hotels and Guesthouses |
1,537 |
- Hotels and Guesthouses |
756 |
| - Bed and Breakfasts and Self Catering Facilities |
126 |
- Bed and Breakfasts
and Self Catering Facilities |
233 |
| Total |
1,663 |
Total |
989 |
|
|
|
|
*Figures represent ONLY room stock inspected and approved by The Tourism Development Company
or Tobago House of Assembly and not the Total Room Stock of Trinidad and Tobago |
| Source: Tourism Development Company Limited and Tobago House of Assembly |
Airlines, Routes and Weekly Frequency (2006)
AIRLINE
ROUTE (WEEKLY FREQUENCY)*
American Airlines
Miami (14)
Caribbean Airlines
New York (7), Toronto (7), London (4), Georgetown
(3),Miami (7)
Continental
Newark (3), Houston (7)
Air Canada
Toronto (7)
Sky Services
Toronto (1)
Zoom
Toronto (1)
Delta
Atlanta (4)
Aeropostal
Porlomar (1), Caracas (6)
Avior
Porlomar (10)
Conviasa
Porlomar (4)
Rutaca
Porlomar (1)
Surinam Airways
Paramaibo
Martin Air
Amsterdam via Porlomar (1)
Excel Airways
London Gatwick via St. Kitts (2)
British Airways
London Gatwick via Antigua (3)
Condor
Frankfurt via Porlomar (2)
Virgin Atlantic
London (2)
Caribbean Star
St. Lucia (18), St. Marteen (4), Rest of Eastern,Caribbean
(61)
 Competitive
Advantages
- Investor
friendly climate
- Location
of Caribbean Court of Justice (CCJ); Association of
Caribbean States (ACS) Headquarters
- Full
range of support services - information technology,
telecoms, construction, training, business &
accounting, research & testing
- World
class utilities
- No
foreign exchange controls
- Stable
exchange rate
- Investment
grade credit rating
- Southern
tip of the hurricane belt
- Proximity
to South America
 
ARRIVALS BY
COUNTRY OF RESIDENCE (2002- 2005)
COUNTRY
2002
2003
2004
2005
USA
133,565 138,935
159,456
167,985
Canada
41,506
43,036
43,565
47,702
UK
51,688
57,566
66,089
63,522
Germany
5,659
7,491
8,178
8,666
Caribbean
91,792
100,690
100,854 105,701
Rest of the World
60,002
61,351
64,413
69,614
TOTAL
384,212 409,069
442,555
463,191
Source: Central Statistical Office
of Trinidad and Tobago
ARRIVALS BY
PURPOSE OF VISIT (2002-2005)
Purpose of Visit
2002
2003
2004
2005
Visiting Friends & Relatives 100,810
111,085
119,647 135,818
Leisure
129,915
147,573 157,230
154,247
Business/ Convention
66,213
74,184
80,254
83,379
Wedding/Honeymoon
9,600
10,395
11,435
12,280
Other
77, 674
65,832
73,989
77,468
TOTAL
384,212
409,069 442,555
463,191
Source: Central Statistical Office of
Trinidad & Tobago
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