With record visitor arrivals, interest in real estate in Kingston, Montego Bay & Ocho Rios has grown.

During the first six months of this year, tourist arrivals to Jamaica have climbed to record levels.

1.25 Million Visitor Arrivals

Overall arrivals surged by 5.4%, with both stopover arrivals and cruise arrivals increasing by 5.9% and 4.8% respectively.

This represents a total of 1.25 million stopover arrivals and approximately 1 million cruise arrivals during the first half of 2018.

The island managed to welcome a record number of visitors despite concerns regarding a State of Emergency by disseminating the message that law-abiding citizens and visitors would be largely unaffected.

Jamaica tourism arrivals up 5.4% in first half of 2018

Jamaica tourism arrivals up 5.4% in first half of 2018

Foreign Exchange Earnings Up 7.3%

The increase in visitor arrivals resulted in a similar increase in foreign exchange earnings, which rose 7.3% to US $1.56 billion.

“I am extremely excited about our earnings because it is not normal for earnings to grow ahead of arrivals. This means that we are firmly on track to bringing in the five million visitors by 2021,” Tourism Minister Edmund Barlet explained.

Increased Interest in Jamaica Real Estate

The rise in visitor arrivals has been accompanied by a rise in interest in real estate in Jamaica, particularly in Montego Bay, Kingston and Ocho Rios.