More visitors flock to T&T for Carnival 2017, spending 335M.

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More visitors flock to T&T for Carnival 2017, spending 335M

15 July 2017

A total of 37,448 visitors traveled to Trinidad and Tobago during Carnival 2017. These tourists spent almost $335 million over a 19 day period. The statistics were revealed by the Central Statistical Office via media release on Friday.

According to the statement, visitor arrivals were monitored from February 10 to February 28 and included the 17 days before Carnival as well. Trinidad recorded 35,269 visitors while Tobago recorded 2,179 arrivals.

The week immediately preceding Carnival Monday and Tuesday, February 20 to 26, registered 19,027 visitor arrivals or approximately 51% of the total arrivals for the period. The largest number of visitors during this week was recorded on Carnival Thursday, February 23: 3, 652 visitors.

To calculate the expenditure of each person, the CSO administered the Survey of Departing Visitors (SODV) for the 10 days post-Carnival, March 1 to 10.

Data was collected on 3,286 persons with an average expenditure per visitor reported as approximately TT$8,943. Taking this into consideration, when calculated with the total number of visitors, (37,448 persons), the estimated visitor expenditure for the Carnival period is 334, 897, 464.00.

The Central Statistical Office noted that this figure is only representative of visitor expenditure and not necessarily total contribution of Carnival to T&T’S Gross Domestic Product (GDP) of Trinidad and Tobago.

In 2016 it was noted that 35,483 visitors made their way to T&T spending on average $9,597 which totaled to $340,530,351.

In response to the data Planning Minister Camille Robinson Regis noted that the estimate did not reflect the true figure of what was earned during the Carnival Season. She added that steps are being taken to determine how best the event can contribute to the diversification of the economy.

“The visitor earnings provided reflect a small segment of the carnival celebrations over a brief period and not the entire income earned from our cultural celebrations. There is considerable potential for Carnival and our local festivals to significantly contribute to the growth and diversification of Trinidad and Tobago’s economy."

"In this regard, the Government, through the Economic Development Advisory Board (EDAB), the Ministry of Community Development, Culture and the Arts with the National Carnival Commission (NCC) and the Central Statistical Office is seeking to determine the net economic benefits of Carnival via a Carnival Economic Impact Assessment which is already underway.”

More visitors flock to T&T for Carnival 2017, spending 335M | Loop News