Month: April 2014

Despite fears that tourists would abandon New Zealand and flock to Australia after value-added tax (VAT) was implemented in New Zealand, it did not happen, and VAT specialists from New Zealand have argued The Bahamas need not fear a loss of competitiveness either.
…Continue readingNew Zealand Experience Shows Tourism Sector Need Not Fear VAT

Faced with grim signals regarding the concerns of potential visitors to The Bahamas about the cost of vacationing here, the Bahamas Hotel and Tourism Association (BHTA) has argued that The Bahamas is both “uniquely positioned” to capitalize on rising visitor satisfaction levels and very vulnerable to consumer price sensitivities.
…Continue readingPrices Hamper Potential To Capitalize On Satisfaction Levels

The Bahamian tourism sector has reached the edge of a price level “precipice”, garnering just 35 percent of its potential market share due to price increases and standing to lose a further 15 per cent if the cost of a travel package increases by just $200 more, according to a key consultant to the sector.
…Continue readingBahamas At Tourism Price ‘Precipice’