IMPORTANT NOTICE | Mayberry Investments Limited is a cashless institution.

Mayberry Investments Limited is a cashless institution.
Please note that cash deposits into any Mayberry account held at commercial banks, whether made in-branch or via Automated Banking Machines (ABMs), are not accepted and will not be processed. For information on accepted payment methods, please contact your Investment Advisor.

Jamaica is well-positioned as a destination for strong tourism recovery

February 11, 2022

After almost two years of the pandemic, destinations are wary of making guarantees, and with good reason. But growing numbers of visitors and a sense that COVID-19 is moving from pandemic status, to endemic, has many Caribbean islands hopeful for the months to come.

While 2022 will likely shape up to be a strong recovery year, it’s 2023 and 2024 that hold the promise of pre-pandemic visitation levels, say the majority of Caribbean Tourism Organisation (CTO) members.

Caribbean destinations including Montserrat, Anguilla, Jamaica and more took part in Day 2 of the Caribbean Tourism Organization’s 2022 update, aimed at giving the latest updates on entry requirements, protocols, new developments, forecasts and more.

Almost without fail, when asked when they anticipated visitation returning to 2019 levels, they said 2023 or 2024. The good news is, many are optimistic that 2022 will be the start of that upswing, after a dismal 2020, and a stronger but turbulent 2021. CTO members taking part in Day 1 of the online event included Saint Lucia, Antigua & Barbuda, Trinidad & Tobago, St. Kitts and more.

“Jamaica is well-positioned as a destination for a strong recovery,” says the Jamaica Tourist Board’s Director of Tourism, Donovan White. Jamaica reopened in June 2020. From January through November 2021, Jamaica welcomed more than 1.3 million visitors. An additional 217,000 visitors arrived on island in December 2021. “That puts us right on track for our 2021 projections. ”White made sure to thank all the travel advisors the JTB works with, and they are legion. “I’d like to give special thanks to our travel agent partners,” he said, adding that the Jamaica Travel Specialist program and One Love Rewards program have gotten a lot of traction throughout the pandemic.

Antigua and Barbuda’s Tourism minister also shared CTO’s optimism, calling this year’s summer season a “good” one. In a report by Antigua Observer, Charles Fernandez said that while there is still uncertainty on how the pandemic could affect the arrivals of tourists, the resurgence of in the nation’s tourism sector is there. “We are still looking forward to a good season [and] I think the best will be in the fourth quarter of 2022. I think, at that point in time – all going well, and we have Covid-19 behind us – it would really be great (for the sector),” Fernandez told the local daily. “We’re also anticipating, because of pent-up demand, that we may have a better-than-usual summer,” he added.

Fernandez also expressed his hopes that the numbers on the ships “could bump back up,” which is also a lucrative source of tourists to the islands.

Disclaimer:

Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer (s) or securities as at the date of this report. Each research analyst (s) also certify that no part of their compensation was, is, or will be, directly or indirectly, related to the specific recommendation(s) or view (s) expressed by that research analyst in this research report.

Company Disclosure -The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any action in reliance on the contents of this information is strictly prohibited and may be unlawful. Mayberry may effect transactions or have positions in securities mentioned herein. In addition, employees of Mayberry may have positions and effect transactions in the securities mentioned herein.

More Stories from the Market
shutterstock_148562033
June 30, 2026   Scotia Group Jamaica Limited (SGJ) has advised that Scotiabank’s Employee Share Ownership Plan sold 30,611,861 SGJ shares o…
shutterstock_148562033
June 30, 2026   QWI Investments Limited (QWI) has advised that during the period September 2, 2025, to June 29, 2026, a connected party pur…
shutterstock_148562033
June 30, 2026   IronRock Insurance Company Limited (ROC) has advised that connected parties purchased a total of 100,000 ROC shares during …
shutterstock_148562033
June 30, 2026   JMMB Group Limited (JMMBGL) has advised that a connected party purchased 200,000 JMMBGL shares on June 26, 2026.   …
shutterstock_453968572
June 30, 2026   United States: US Stocks Mixed as Indexes Head for Best Quarter Since 2020   US stocks were muted before the bell …
shutterstock_453968572
June 29, 2026   West Indies Petroleum Terminal Limited (WIPT) has advised of the resignation of the Hon. Danville Walker, Senior Vice Presi…
shutterstock_453968572
June 29, 2026   One Great Studio Company Limited (1GS) has advised that Peter Lloyd has been appointed to its Board of Directors, effective…
shutterstock_453968572
June 29, 2026   A.S. Bryden & Sons Holdings Limited (ASBH) has advised of the appointment of Ms. Shelley Sylvester to the position of G…