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The Trinidad & Tobago Business Guide (TTBG, 2009-10)

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Table 23 Arrivals in the Caribbean 2002-2007 by source market (million)<br />

Market 2002 2003 2004 2005 2006 2007<br />

% change<br />

06/’07<br />

USA <strong>10</strong>.1 <strong>10</strong>.7 11.4 11.4 11.5 11.6 0.95%<br />

Canada 1.3 1.5 1.7 1.8 1.8 2.0 12.5%<br />

Europe 4.5 5.1 5.3 5.5 5.5 5.5 2.5%<br />

Other 3.1 3.2 3.3 3.7 3.5 3.4 - 4.0%<br />

TOTAL 19.0 20.4 21.8 22.2 22.2 22.5 1.49%<br />

Cruise<br />

passengers<br />

15.9 18.0 19.9 19.0 19.2 19.5 +2.0%<br />

Source: Caribbean Tourism Organisation; 2007 estimates; figures rounded to nearest ‘000,000<br />

Table 24 <strong>Trinidad</strong> and <strong>Tobago</strong> arrivals 2002-7<br />

Stopover 2002 2003 2004 2005 2006 2007<br />

<strong>Tobago</strong> 51,828 68,155 78,729 86,467 83,460 63,000<br />

<strong>Trinidad</strong> 332,384 340,914 363,826 376,723 377,591 386,452<br />

Total 384,212 409,069 442,555 463,191 461,051 449,453<br />

% change 0.3 6.5 8.2 4.7 -0.5 -2.5<br />

Cruise<br />

<strong>Tobago</strong> 8,242 15,916 24,953 34,428 40,709 11,644<br />

<strong>Trinidad</strong> 51,805 39,616 29,301 32,768 43,404 63,467<br />

Total 60,047 55,532 54,254 67,196 84,113 75,111<br />

Cruise ship 96 88 86 82 94 86<br />

calls<br />

Sources: Central Statistical Office, Port Authority, Tourism Development Company<br />

Figure 25 Stopover tourist arrivals to <strong>Trinidad</strong> & <strong>Tobago</strong> by main markets (2006)<br />

Source: Central Statistical Office/Tourism Development Company<br />

or Advisory Committee, to be made up of<br />

interested parties from the public and private<br />

sectors, to coordinate development of the<br />

sector. This has yet to occur.<br />

<strong>The</strong> accommodation sector<br />

Success in tourism is usually measured by<br />

the number of visitors arriving in a given<br />

destination. A better measurement would be<br />

the revenue they can be induced to generate<br />

during their stay. <strong>The</strong>re are two practical<br />

constraints to tourism development, and they<br />

are inextricably linked, the first necessarily<br />

driving the second:<br />

• Available visitor accommodation<br />

• Airlift from potential source markets.<br />

Not only does the availability of beds<br />

limit the number of visitors a destination can<br />

house: it also determines the nature and style<br />

of its tourism sector, the number of people<br />

it employs, the revenue it can generate, and<br />

ultimately its market reputation.<br />

A destination predominantly composed of<br />

4- and 5-star branded properties (such as Ritz-<br />

Carlton, Four Seasons, St Regis or Mandarin<br />

Oriental) will attract one kind of tourism,<br />

while another made up largely of 2- and 3-star<br />

properties such as Holiday Inn, Hampton<br />

Inn, Quality Inn or Ramada will attract quite<br />

another. A case in point is the way in which<br />

the addition of the Hyatt Regency has lifted<br />

the visitor profile of Port of Spain, and indeed<br />

the whole country.<br />

Of course, no destination can, or should,<br />

expect to be composed exclusively of luxury<br />

properties, since a balanced room stock,<br />

catering to all tastes, gives much greater<br />

market flexibility. It is crucial, however, that<br />

the development thrust should give priority<br />

to the luxury component, as this is the most<br />

difficult to attract and will ultimately define<br />

the destination’s international reputation.<br />

It will also act as a potent catalyst for future<br />

development.<br />

<strong>The</strong> issue of government-owned hotels has<br />

long been debated in the Caribbean. Indeed, in<br />

places like <strong>The</strong> Bahamas, Jamaica, Puerto Rico<br />

and Curaçao that is how tourism development<br />

began. <strong>The</strong>re is a lot to be said for governments<br />

shaping tourism by building hotels of the<br />

desired quality in strategic places, since in that<br />

way it can, and should, play the lead role as<br />

architect of the sector’s development.<br />

Having built them, however, governments<br />

should then sell them as soon as they become<br />

financially viable, with the proceeds going<br />

into a rotating fund for further development<br />

and improvement. Governments do not make<br />

good landlords, no matter who they contract to<br />

52 <strong>TTBG</strong> 09/<strong>10</strong>

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