Observations OS

Tourism Opportunities Reiterating, Brand Jamaica is larger than ever and continues to grow. This is in no small part due to the continued exploits of the sports and entertainment talents of Jamaicans. An effect that is then compounded by the diaspora.  The Tourism Industry has been a major beneficiary and will continue to be in the foreseeable future. The industry has been seeing meaningful growth over the last 3 years. It is projected to compound this growth by at least two (2) percent over the next few years. 2014 alone saw an increase in tourist arrivals by 4%.  Jamaica’s True Treasures   continues to be unearthed. Growing Stopover arrivals. Source: Jamaica Tourist Board The data and information below highlights just how big Tourism is and how it has the potential to transform Jamaica and Jamaicans. Approximately 1 Billion individuals (just over 14% of the world's population) traveled to another country year in 2013. Roughly 25.1 million tourists from across t

Looking at current Market trends and making some educated guesses below is a list of predictions for the Jamaican economic and political landscape in 2015. 1. Tourism will continue to grow in 2015. 2. On the heels of favorable approval by international bodies in 2014 Foreign investors will begin to take a closer look at Jamaica. 3. The exchange rate will hit US$1:JM$120 in 2015 as the trade balance continues to be unbalanced. 4. Jamaicans after realizing the unbearable pain of a continuously devaluing dollar will start to invest heavily in export oriented activities. 5. Jamaican economy may actually grow by 2% or greater in 2015 thanks to growing tourism, Foreign Direct Investments and local investments in the export oriented sectors. 6. Demand for technical experts will grow and may potentially lead to decreased unemployment. 7. On the heels of a horrible PR year the PNP will call an early elections having a much better 2015 PR year. They may even win.