Tourism surge enhancing Grenada’s appeal as one of the Caribbean’s top real estate investment destinations.

Tourism to Grenada is enjoying a sustained period of growth.

Overall Tourism Arrivals Up 21.2% During First 6 Months of 2018

According to the latest data released by the Caribbean Tourism Organization (CTO), stay over, cruise and yachting arrivals all increased during the first half of this year.

Overall, tourist arrivals surged by 21.2% during the first 6 months of 2018 compared to the same period in 2017.

Arrivals from the USA Up 10.7%

Stay over arrivals increased by 10.7%, with arrivals from the USA – Grenada’s largest and most important source market – rising by a whopping 18.1%.

In June of this year, visitors from the USA comprised approximately 50% of all visitors, in particular from New York, Florida and New Jersey.

Grenada tourism arrivals up 21% during first half of 2018

Grenada tourism arrivals up 21% during first half of 2018

Arrivals from Canada Up 8.56%

Arrivals from Canada also increased significantly by 8.56%.

The growth in stay over arrivals has been supported by a growth in flight calls.

According to Hon. Dr. Clarice Modeste-Curwen, Minister for Tourism & Civil Aviation, flight calls to Grenada increased by 24.6% during the first half of this year compared to the the same period in 2017 with notable increases from Air Canada and LIAT.

Cruise & Yacht Arrivals Up

Cruise and yacht arrivals also increased significantly between from January and June this year.

Hot Streak Follows Record 2017

Addressing the positive numbers, CEO of the Grenada Tourism Authority (GTA) Patricia Maher commented: “We are happy that Pure Grenada maintains this hot streak with double digit growth and the destination continues to be trending internationally.”

This year’s growth follows a very successful increase in tourism arrivals last year.

In 2017 the island welcomed a record number of tourists.

Tourism Surge Boosts Appeal of Grenada Real Estate Investment

With tourism continuing to rise, the idea of purchasing real estate in Grenada as an investment which can offer lucrative potential returns has become increasingly attractive to many overseas property investors.

And, with new resorts in development in Grand Anse and Levera, both tourism and real estate are well placed to continue to grow this year.