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- Liverpool Football Club Announcement
- Sunday Independent Article
- Pat Cash Tennis Academy
- Trader Vic's Restaurants
- Puerto Plata Emerges as the New Coast of Eco-Style and Activity
- Growth in Dominican Republic
- Caribbean attractive to Indian Investors
- Property Price quotes and information
- St. Vincent and The Grenadines: Tourism and Economy Statistics and Government Incentives
- St. Lucia: Tourism and Economy Statistics and Government Incentives
In 2006 the breakdown of international visitors to St. Lucia breaks down as so:
USA 117,450 (39.8%)
UK 73,312 (24.2%)
Canada 17,491 (5.8%)
Caribbean 78,464 (25.9%)
Other Europe 9,648 (3.2%)
Rest of World 3,450 (1.2%)
The number of UK visitors to St. Lucia in 2006 was 73,312, 24.2% of the total number of visitors to the island (302,510). The total number of arrivals has increased by 19.4% since 2002 at an average rate of 4.68% per year during this period.In 2007 the total expenditure by visitors was $808.3 Million
The tourism budget was $6.918 Million.
(Caribbean tourism organisation, “St. Lucia 2006”)In 2007 Visitors from UK rose 8% and Cruise ship arrivals rose 69.7%.
Economic Growth in the St. Lucia has been on average 3.45% between 2003 and 2007.
(Eastern Caribbean Central Bank, Annual Economic and Financial Review 2007)
In 2007 the real estate sector grew by 7.6%.
In 2007 the number of UK stay-overs increased by 8%.
(Budget Address 2008-9)
St. Lucian Comparables: Occupancy ratesOccupancy rates increased on small properties 10.7% and an average of 6% over 2 years to 70.3%. The whole island had an occupancy rate of 67.8% up at an average of 4.5% over 2 years. In 2007 the Hotel occupancy was 69.7%.
(St. Lucian Government, “Tourism by numbers”)
(Budget Address 2008-9)
St. Lucia ~ Island Haven:“…now there’s another Caribbean location for those wanting a home combining sun and the simple life in the shabby-chic style of the old Barbados. Welcome to St Lucia.”
(Ft.com, 10 May 2008)
“In an effort to protect its natural heritage from overdevelopment, the Caribbean island's government now has an environmental section in its ministry of planning and nearly 30 laws setting out restrictions on new construction. But Dolby, whose company, DCG Properties, is building the £400m Le Paradis next to the sleepy village of Praslin on St Lucia's east coast, says he welcomes the safeguards.”
"Spoil a place like this," he says, sweeping his arm across a 550-acre vista, "and you spoil your greatest asset.”
“St Lucia is as progressive in its property schemes as it is in environmental protection, with a growing number of resorts where developers, hoteliers and owners share both risk and profit.”
(Financial Times, 21 April 2007)“Recent changes to limit development include a compulsory environmental impact survey to measure the effect of a scheme on land, local people and wildlife. There is also a ban on building new homes within 100 metres of the coast.”
The local authorities are acutely aware of the high density building on some of the other Caribbean islands,” says Charlotte Wilson of Savills, the London-based estate agency that sells property on the island. “They’re working with conservationists and introducing restrictions to ensure St Lucia doesn’t go the same way.”
(Ft.com, 10 May 2008)
St. Lucian government statistics:
The St. Lucian Government has allocated an extra 148% funding to the tourism industry from 2004 – 2008, with an average increase of 27.7% per year. The allocation for the tourism sector in 2008 – 2009 was $53.6 Million.
(Budget Addresses: 2004-05 to 2008-09) - Barbados: Tourism and Economy Statistics and Government Incentives
- World and Whole Caribbean Tourism Statistics
- Dominican Republic: Tourism and Economy Statistics and Government Incentives
- Investment Banks - Strong Interest in the Caribbean
- Record breaking attendance, $100 billion in investment highlight Caribbean hotel &
