Business Commons^™

Saba Dutch Caribbean: Strategic Tourism Master Plan, A Beautiful Life Awaits, Robertico Croes, Kelly Semrad, Manuel Rivera, Sergio Alvarez

Dick Pope Sr. Institute Publications

This report documents the Saba Strategic Tourism Master Plan, 2023-2028. The report provides directions to help Saba capitalize on new tourism related opportunities and overcome challenges that have emerged post pandemic. The plan is the outcome of a participatory process that includes multiple layers of tourism stakeholders including the residents, government officials, business owners, NGOs, community leaders, local organizations, and tourists. The plan observes that overall, there is a disconnect in the stakeholders’ message regarding the value of Saba. Tourists appreciate the value and beauty of Saba’s natural resources and authentic culture, yet residents undervalue themselves and Saba due to …

Aruba's Taxing Dilemma: Navigating Tourist Perceptions On Room Tax And Turnover Tax In Paradise, Jorge Ridderstaat, Robertico Croes, Manuel A. Rivera, Jeong-Yeol Park

Dick Pope Sr. Institute Publications

This study presents the second part of our assignment for the Aruba Tourism Authority (ATA). Our study investigated the effects of two tax proposals (a turnover tax rate increase from 6% to 7% and a room tax rate increase from 9.5% to 12.5%) on tourism demand. We used monthly time-series data on tourism arrivals from several markets, including the U.S., The Netherlands, and other markets. We also segmented the arrival data based on the accommodations used in Aruba (high-rise, low-rise, and other accommodations). We applied several procedures to prepare and test the data before applying an Autoregressive Distributed Lag model …

Curacao: Building On The Power Of The Past, Robertico R. Croes, Kelly J. Semrad, Manuel A. Rivera

Dick Pope Sr. Institute Publications

Curaçao faces hard choices in the upcoming years. High unemployment (especially among the youth), a stagnant economy, and low confidence levels may spiral the island into dangerous socio-economic waters. These domestic challenges are occurring in the midst of the global economic uncertainties that have been triggered by a shaky Chinese economy, a weakened European Union and Euro, and the deepening economic travails and budget problems of Brazil and Venezuela.

Yet, despite these challenges, Curaçao has made great strides in the tourism sector compared to other economic sectors on the island. The tourism sector demonstrated resilience against outside shocks and was …

Economic Impact Of Visitor Segments In Osceola County 2012, Robertico R. Croes, Manuel A. Rivera

Dick Pope Sr. Institute Publications

The main purpose of this report is to document the economic effects of tourism in Osceola County. Few industries have as much impact on the economy of Osceola County. In 2012, a total of 5.9 million tourists visited the area, spending on average $5.8 million per day, resulting in $2.1 billion in direct spending effect. The total economic contribution of tourism to the county is $3.1 billion, resulting in an estimated multiplier of 1.48. The total economic contribution of tourism accounts for about 28% of the gross economic product of the county. In total, the tourism industry supported one in …

Perceptions, Behaviors & The Economic Impact Of Tourism In Curacao, Robertico Croes, Manuel A. Rivera, Kelly Semrad

Dick Pope Sr. Institute Publications

The Curacao Tourist Board commissioned the Dick Pope Sr. Institute for Tourism Studies at the Rosen College of Hospitality Management at the University of Central Florida to conduct an analysis of tourists' perceptions with regard to the Curacao tourism product, the tourist profile, and the spending behavior of tourists frequenting the island. In addition, the CTB requested that the DPI provided recommendations to the CTB regarding the enhancement of the tourist data collection process, the data analysis, and the re-design of the Tourist Exit Survey itself. Of the 3,390 survey respondents assessed according to year (2007 = 1,938; 2008 = …

Winning The Future: Strategic Plan For The Development Of Tourism, Robertico R. Croes, Manuel A. Rivera, Abraham Pizam, Eric D. Olson, Seung Hyan Lee, Yun Ying Zhong

Dick Pope Sr. Institute Publications

Aruba has developed and positioned its tourism sector as one of the premier destinations in the Caribbean over the past twenty-five years. The push towards tourism development was primarily aimed to create jobs and to enhance the quality of life of its population. The results have been astounding: not only has the island successfully transformed from an industrial-based economy to a tourist- and service-based economy, but the island now boasts one of the highest living standards in the Caribbean. The prosperity on the island is broadly shared among Arubans. Tourism has become an engine of economic growth, totaling U.S.$2.3 billion …

Park Equus Local Resident Study, Ady Milman

Dick Pope Sr. Institute Publications

Tourism is the largest industry in the state of Florida and especially large in Central Florida. In 1985, close to 30 million domestic and international tourists visited the state. These visitors purchased goods and services worth $19 billion. The Florida Division of Tourism estimated that in 1985, Central Florida was one of the most popular destinations in the State, hosting 23% of auto visitors arrivals and 19% of air visitors arrivals. Central Florida attractions have always been very popular: In 1985, Walt Disney World's Magic Kingdom and EPCOT Center accounted for over 50% of Florida's air and auto attraction visitors. …

Park Equus Tourist Study, Ady Milman

Dick Pope Sr. Institute Publications

Tourism is the largest industry in the state of Florida and especially large in Central Florida. In 1985, close to 30 million domestic and international tourists visited the state. These visitors purchased goods and services worth $19 billion. The Florida Division of Tourism estimated that in 1985, Central Florida was one of the most popular destinations in the state, hosting 23% of auto visitors arrivals and 19% of air visitors arrivals. Central Florida attractions have always been very popular: In 1985, Walt Disney World's Magic Kingdom and EPCOT Center accounted for over 50% of Florida's air and auto attraction visitors. …