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Central Bank: Total visitor arrivals drop 56 percent

by CBDC Insider Staff
September 3, 2020
in Business, Central America
Reading Time: 1min read
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Central Bank: Total visitor arrivals drop 56 percent
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NASSAU, BAHAMAS — Total arrivals to The Bahamas contracted by some 56 percent during the first half of the year, according to data released by the Central Bank.
The regulator, in its monthly economic and financial developments report for July, noted that the tourism sector remained contracted during the month of June as COVID-19 travel restrictions “largely eliminated” both air and sea arrivals.
“As the border was partially re-opened to international travelers by private aviation and boat on June 15, preliminary data provided by the Ministry of Tourism (MOT) revealed that total foreign arrivals for the month of June reached 3,935, relative to the 18.8 percent increase to 641,410 a year earlier,” the report read.

Continue read: https://ewnews.com/central-bank-total-visitor-arrivals-slashed-56-percent

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