The latest data from the Central Bank reveals that tourism earnings in the third quarter of 2023 were over $ 1.45 billion, reflecting a staggering 67% surge from the corresponding period of last year.
September earnings stood at $ 152.2 million but witnessed a 28% dip from August. This dip is attributed to September falling short of its monthly arrivals target.
In a month-to-month comparison, both August and September fell short of their monthly arrivals target, despite July surpassing projections and generating a remarkable income. This $ 219 million makes July the highest monthly earnings of 2023 thus far.