{"id":10047,"date":"2011-07-06T09:49:19","date_gmt":"2011-07-06T13:49:19","guid":{"rendered":"http:\/\/www.bahamasb2b.com\/news\/?p=10047"},"modified":"2011-07-06T09:49:19","modified_gmt":"2011-07-06T13:49:19","slug":"tourist-expenditure-not-in-line-with-arrivals","status":"publish","type":"post","link":"https:\/\/www.bahamasb2b.com\/news\/2011\/07\/tourist-expenditure-not-in-line-with-arrivals","title":{"rendered":"Tourist Expenditure Not In Line With Arrivals"},"content":{"rendered":"<p>Total tourist expenditure for 2010 did not keep pace with the 13 percent increase in arrivals last year, with expenditure growing 2 percent to a projected $2.069 billion, according to a ministry official.<\/p>\n<p>Tourist expenditure for 2009 was $2.027 billion on arrivals of 4.65 million.\u00a0 With 5.25 million visitors in 2010 the numbers suggest an average spend decline of 9.7 percent, from $436.37 in 2009 to $394.24 in 2010.\u00a0\u00a0 But that average spend is not calculated on numbers that discriminate between stopover visitors and cruise passengers \u2013 leaving the true story of tourist expenditure untold, according to Minister of Tourism Vincent Vanderpool-Wallace.<\/p>\n<p>Stopover visitors spent an average of $1,230 in 2009, excluding spending on gambling.\u00a0 The year 2010 saw a sharp increase in cruise passengers, up 14 percent to 3.8 million, as stopovers increased 3 percent to 1.4 million.\u00a0 The considerable increase in cruise passengers would result in a heavier weighting to the group, which spends considerably less, exaggerating the impact on the \u2018average spend\u2019 calculation.\u00a0 A statistician explained that for every dollar spent by a cruise passenger about $9 is spent by a stopover visitor.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Total tourist expenditure for 2010 did not keep pace with the tourism arrivals last year.<\/p>\n","protected":false},"author":25,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"facebook_10223285771444175_51037792744":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[3],"tags":[98,33],"class_list":["post-10047","post","type-post","status-publish","format-standard","hentry","category-business","tag-financial","tag-tourism"],"_links":{"self":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts\/10047","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/users\/25"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/comments?post=10047"}],"version-history":[{"count":0,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts\/10047\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/media?parent=10047"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/categories?post=10047"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/tags?post=10047"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}