Virgin Islands, British

In-depth country-focused analysis on the British Virgin Islands' economic, political and operational risk environment, complemented by detailed sector insight

Virgin Islands, British

Our comprehensive assessment of the British Virgin Islands' operating environment and the outlook for its leading sectors are formed by bringing together a wealth of data on global markets that affect the British Virgin Islands, as well as the latest industry developments that could impact the British Virgin Islands' industries. This unique integrated approach has given us an impeccable track-record for predicting important shifts in the markets, ensuring you’re aware of the latest market opportunities and risks in the British Virgin Islands before your competitors.

Virgin Islands, British Industry Coverage (1)

Tourism

Virgin Islands, British Tourism

BMI View:

BMI View: Arrivals growth in the Caribbean will pick up to 2.7% in 2016, reflecting improved visitor numbers from Europe and North America. The Dominican Republic, St Eustatius and Cuba are expecting the highest rate of arrivals growth, but all tourism markets will experience growth in 2016.

We hold a positive outlook on the Caribbean tourism market in 2016, with growth of 2.7% marking an improvement after the lower growth rate of 1.7% in 2015. This arrivals growth is led by strong arrivals from North America and particularly from Europe. European arrivals declined in 2015 and a return to growth in 2016 will bring benefits in terms of tourist expenditure, as well as encouraging more longer-term investment. Moreover, the rebound in European tourism to the Caribbean underlines the resilience of the region's market, which remains a highly popular destination despite its relative expense....

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