CHATA Annual Report 2017- 2018
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TOURISM PERFORMANCE<br />
Tourism Arrivals<br />
In <strong>2017</strong>, Curaçao experienced a decrease in visitor arrivals and visitor nights. One of the main<br />
reasons for the decline in visitors was the decrease in traffic from our neighbor country Venezuela.<br />
In addition to this, Curaçao also lost a lot of traffic due to the decrease in flights from InselAir.<br />
CTB reported a decline of 9.8% visitors to Curaçao in <strong>2017</strong>. In total, 397,886 stay over visitors were<br />
welcomed in the course of this year.<br />
Despite the decrease in visitor arrivals, Curaçao only recorded a decrease in visitor nights of 0.9%<br />
and also recorded an increase in length of stay of 9.9%.<br />
Tourism generated Nafl. 1,563,1 million in <strong>2017</strong>. Utilizing the ‘Turistika Model’, CTB and Ministry<br />
of Economic Development calculated in terms of the contribution to our economy, that tourism<br />
contributed with a direct impact of Nafl. 956.7 million in the year <strong>2017</strong>. This is an increase of 1%<br />
compared to the year 2016.<br />
Hotel Performance<br />
Hotel Occupancy in <strong>2017</strong> was 72.7%, while in 2016 it was 70.7%. Compared to 2016 Hotel Occupancy<br />
increased by 2.82%. Average Daily Rates went up from $144.30 in 2016 to $144.35 in <strong>2017</strong>. The<br />
Revenue Per Available Room has increased with $2.90, being $104.98 in <strong>2017</strong> as compared to<br />
$102.08 in 2016.<br />
Average Hotel Occupancy: 72.7%<br />
Average Daily Rate: $144.35<br />
Revenue Per Available Room: $104.98<br />
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