The International Monetary Fund (IMF) has published its Regional Economic Outlook: Western Hemisphere and recommends that tourism economies like The Bahamas use what the fund deems a “tourism upswing” to push through structural measures that would ensure that tourists get value for money from high-end destinations.
Given that, in the Caribbean, only in Antigua and Barbuda is a holiday more expensive than The Bahamas, these recommendations resonate in this jurisdiction.