Travel in Jamaica

November 2020 | 30 pages | ID: T16752F514CEN
Euromonitor International Ltd

Abstracts

In 2019 Jamaica’s travel and tourism industry was in a growth path, with the country benefiting from its already strong image as a relaxing and exotic destination with a favourable climate and idyllic white sandy beaches. It also had a reputation as a destination that represents good value for money. Jamaica was also benefiting from its proximity to the US, with the US remaining by far the leading source market for arrivals. The industry was considered to have potential for further growth, which...

Euromonitor International's Travel in Jamaica report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest market size data 2015-2019, allowing you to identify the sectors driving growth. It identifies the leading companies and offers strategic analysis of key factors influencing the market - be they new legislative, technology or pricing issues. Background information on disposable income, annual leave and holiday taking habits is also included. Forecasts to 2024 illustrate how the market is set to change.

Product coverage: Activities and Experiences (Destination), Lodging, Online Travel Sales and Intermediaries, Tourism Flows, Travel Modes, Traveller Profiles.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?

• Get a detailed picture of the Travel market;
• Pinpoint growth sectors and identify factors driving change;
• Understand the competitive environment, the market’s major players and leading brands;
• Use five-year forecasts to assess how the market is predicted to develop.

Euromonitor International has over 40 years' experience of publishing market research reports, business reference books and online information systems. With offices in London, Chicago, Singapore, Shanghai, Vilnius, Dubai, Cape Town, Santiago, Sydney, Tokyo and Bangalore and a network of over 800 analysts worldwide, Euromonitor International has a unique capability to develop reliable information resources to help drive informed strategic planning.

Contents

EXECUTIVE SUMMARY
COVID-19 impact on travel
COVID-19 country impact
Company response to COVID-19: Airlines and hotels
Impact of COVID-19 on online bookings and travel intermediaries
What next for travel?
CHART 1 Inbound Receipts: 2020-2025
CHART 2 Average Spend per Trip for Inbound Arrivals: 2020-2025
MARKET DATA
Table 1 Other Transport: Value 2015-2020
Table 2 Forecast Other Transport: Value 2020-2025
Table 3 Car Rental Sales: Value 2015-2020
Table 4 Forecast Car Rental Sales: Value 2020-2025
Table 5 Attractions and Experiences: Value 2015-2020
Table 6 Forecast Attractions and Experiences: Value 2020-2025
GLOBAL MACROECONOMIC ENVIRONMENT
GLOBAL INDUSTRY ENVIRONMENT
SOURCES
Summary 1 Research Sources
TOURISM FLOWS
Key Data Findings
2020 Impact
New agreements hampered by the decimation of tourist numbers since the onset of COVID-19
Setback for Jamaica’s efforts to attract more inbound cruise tourists due to COVID-19
Recovery and Opportunities
Cruise set to regain popularity once borders reopen and restrictions ease
Efforts to reduce crime and improve Jamaica’s image as a tourist destination set to continue
Category Data
Table 7 Inbound Arrivals: Number of Trips 2015-2020
Table 8 Inbound Arrivals by Country: Number of Trips 2015-2020
Table 9 Inbound Receipts: Value 2015-2020
Table 10 Forecast Inbound Arrivals: Number of Trips 2020-2025
Table 11 Forecast Inbound Arrivals by Country: Number of Trips 2020-2025
Table 12 Forecast Inbound Receipts: Value 2020-2025
Table 13 Domestic Trips by Purpose of Visit: Number of Trips 2015-2020
Table 14 Domestic Business Trips by Travel Mode: Number of Trips 2015-2020
Table 15 Domestic Leisure Trips by Travel Mode: Number of Trips 2015-2020
Table 16 Domestic Expenditure: Value and Growth 2015-2020
Table 17 Forecast Domestic Trips by Purpose of Visit: Number of Trips 2020-2025
Table 18 Forecast Domestic Business Trips by Travel Mode: Number of Trips 2020-2025
Table 19 Forecast Domestic Leisure Trips by Travel Mode: Number of Trips 2020-2025
Table 20 Forecast Domestic Tourist Expenditure: Value and Growth 2020-2025
Table 21 Outbound Departures: Number of Trips 2015-2020
Table 22 Outbound Departures by Destination: Number of Trips 2015-2020
Table 23 Outbound Expenditure: Value 2015-2020
Table 24 Forecast Outbound Departures: Number of Trips 2020-2025
Table 25 Forecast Outbound Departures by Destination: Number of Trips 2020-2025
Table 26 Forecast Outbound Expenditure: Value 2020-2025
AIRLINES
Key Data Findings
2020 Impact
Recent expansion of routes setback by the onset of COVID-19 with delay in expected benefits
Reopening of domestic air routes in 2019 also grind to a halt as movement banned and people encouraged to work from home
Recovery and Opportunities
Potential changes in business travel could reduce demand for domestic flights
Further developments and investments planned in Jamaica’s airports once economic recovery is underway
Category Data
Table 27 Airlines Sales: Value 2015-2020
Table 28 Forecast Airlines Sales: Value 2020-2025
LODGING
Key Data Findings
2020 Impact
Immediate postponement of hotels’ expansion plans as industry goes into lockdown
Severe financial hardship for some owners of short-term rental properties as decimation of tourist flows pushes many towards bankruptcy
Recovery and Opportunities
Possible postponement in development both of infrastructure and airline routes as industry players will take time to recover
Potential good for growth in short-term rentals
Category Data
Table 29 Lodging Sales: Value 2015-2020
Table 30 Lodging Outlets: Units 2015-2020
Table 31 Forecast Lodging Sales: Value 2020-2025
Table 32 Forecast Lodging Outlets: Units 2020-2025
ONLINE TRAVEL INTERMEDIARIES
Key Data Findings
2020 Impact
Sales of online travel intermediaries experience steep contraction as the pandemic decimates travel flows
Forced temporary closure of traditional bricks and mortar travel agencies in response to COVID-19 causes steep contraction in sales
Recovery and Opportunities
Unpredictability of the duration of the virus in the population creates uncertainty for travellers over future tourist bookings
No immediate bounce back likely for artisan villages created to meet rising demand for authenticity due to the severe financial hardship caused by freefall in 2020 tourist numbers
Category Data
Table 33 Online Travel Intermediaries Sales: Value 2015-2020
Table 34 Forecast Online Travel Intermediaries Sales: Value 2020-2025