revenue

Jamaica Reporting Record-Breaking Tourism Earnings

Caribbean Hotel Occupancy Continues Decline

By the Caribbean Journal staff Caribbean hotel occupancy continued to decline in August, according to the newest data report from hotel analytics firm STR. The region’s hotel occupancy was 62.5 percent in August, a 5.6 percent decline compared to the …

Jamaica Seeing Record Tourism Revenue

By the Caribbean Journal staff Jamaica is seeing a surge in tourism revenue, according to a new report from the country’s Ministry of Tourism. The island is expected to generate a record $3.3 billion USD in tourism earnings for 2018, …

JetBlue Shows Strong Traffic Increase

By the Caribbean Journal staff JetBlue showed very strong traffic growth last month, according to the company’a latest data. Traffic in October increased by 11.1 percent year over year compared to October 2014, with a total of 3.35 billion revenue …

American Airlines Reports Improvement in Latin America, Caribbean

Improvement returns By the Caribbean Journal staff After months of decline, American Airlines Group reported positive growth in revenue passenger miles to Latin America and the Caribbean last month. The carrier reported 2.773 billion revenue passenger miles, up 0.2 percent …

Belize Makes Push for Local Tourism

A drive for domestic tourism By the Caribbean Journal staff In a bid to increase tourism revenue, Belize is looking close to home. The country has launched a new ad campaign aimed at local travelers, under the theme “Discover How to …

Air Canada Continues Growth in Latin America, Caribbean Traffic

By the Caribbean Journal staff Air Canada’s strong growth growth in Latin America and Caribbean traffic continued last month. The carrier reported 364 million revenue passenger miles in June in Latin America and the Caribbean, up from 337 million in …

American Airlines’ Latin America, Caribbean Traffic Declined Last Month

Above: an American airlines plane (CJ Photo) By the Caribbean Journal staff It was a rough month for American Airlines in December in the Latin America and Caribbean region, with revenue passenger miles dropping by 6.2 percent year over year. …

Ranking the Caribbean on Tax Revenue

Above: Trinidad and Tobago (CJ Photo) By the Caribbean Journal staff Which Caribbean countries collect the most in tax revenue? To find out, we looked at recently-released 2012 World Bank data on tax revenue collected by central governments around the …

Caribbean Hotel Occupancy, Revenues Show Improvement

Above: Jade Mountain in St Lucia By the Caribbean Journal staff Caribbean hotel occupancy rose 4.7 percent to 78.7 percent in February compared to the same period in 2012, according to data from STR released this week. The region’s hotels …

Jamaica, UN Sign Memorandum of Understanding on Port Security

Above: Jamaica Finance Minister Dr Peter Phillips and the UNODC’s Troels Vester (JIS Photo) Looking to enhance security at the country’s ports, Jamaica has signed a Memorandum of Understanding with the United Nations Office on Drugs and Crime and the …

Jamaica Reports Tax Revenue Increase

Above: Jamaican Finance Minister Dr Peter Phillips By the Caribbean Journal staff Jamaica saw an 11 percent increase in tax revenues in June compared to the same period in 2011, according to Finance Minister Dr Peter Phillips. The Minister made …