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Sector Analysis
Destination Market Insights: Caribbean – Analysis of source markets, infrastructure and attractions, and risks and opportunities
The Caribbean is one of the fastest growing destinations in the world. The rapid rise in tourism flows has brought a number of benefits including jobs and incomes. However, given that the nations of the region are among the most tourist dependent countries in the world, there are a number of issues which need to be addressed if growth is to be sustained. From creating unique and diverse tourism offerings, to fostering regional collaboration and investing in infrastructural projects, this...
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Case Studies
Case Study: The impact of COVID-19 on Las Vegas Sands
Recent months have been unprecedented in the tourism sector. Travel restrictions, flight suspensions, falling consumer confidence and a slew of negative press are just some of the issues lodging operators are having to contend with. As one of the resorts industry's largest players, Las Vegas Sands has been severely impacted. Key Highlights - Las Vegas Sands has taken a major hit in terms of revenue and therefore has seen a slump in profits due to the closure of resorts. In...