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Cayman Islands strengthen its cruise trade ties on the thirtieth FCCA Cruise Convention and Commerce Present: What you want to know?
Wednesday, November 13, 2024
The Cayman Islands Ministry of Tourism and Ports, together with the Cayman Islands Division of Tourism (CIDOT), lately represented the islands on the thirtieth Annual Florida-Caribbean Cruise Affiliation (FCCA) Cruise Convention & Commerce Present held from October 21 to 26, 2024, in St. Maarten.
This key occasion gathered lots of of individuals from throughout the Caribbean and Latin America, offering the Cayman Islands with precious alternatives to have interaction in strategic discussions with prime cruise trade executives, together with CEOs and Presidents from ten main cruise strains.
Through the convention, bilateral conferences targeted on figuring out progress alternatives and strengthening the Cayman Islands’ presence within the cruise sector.
A notable spotlight was the discharge of the 2023-2024 Enterprise Analysis & Financial Advisors (BREA) research, which highlighted the numerous financial influence of cruise tourism throughout 33 Caribbean and Latin American locations, together with the Cayman Islands.
In accordance with the research, cruise tourism contributed roughly USD $161.5 million to the Cayman Islands financial system, pushed by passenger and crew onshore visits and extra cruise line expenditures.
This spending instantly supported 1,717 jobs inside the islands, producing over USD $34.9 million in wage earnings.
When accounting for oblique contributions from native enterprise actions, cruise tourism supported a complete of two,988 jobs and USD $67.1 million in wage earnings all through the 2023-2024 cruise 12 months.
By attending high-profile trade occasions just like the FCCA Cruise Convention, CIDOT continues to foster partnerships that improve the Cayman Islands’ position as a premier cruise vacation spot and produce new alternatives to its financial system.
