Grantley Adams International Airport Investment Opportunity
Strong Growth Prospects
➡ Robust growth forecasted for passenger traffic and Barbados'
☐
economy
Steady growth in passenger traffic in excess of 1.4% CAGR
between 2009 and 2018
Passenger throughput expected to grow from 2.2 million pax in
2018 to 4 million by 2050
Future traffic development based on long-haul markets where
potential exists for further increases (North America, UK &
Continental Europe, South America)
GAIA is strategically relevant, as tourism directly accounts for over
12% of GDP and as much as 40% of GDP indirectly*
Barbados has substantially grown its tourism product recording 3
consecutive years growth in tourist arrivals*
Barbados recognized as an international destination for pleasure
as well as a destination of choice for business in the Caribbean*
Sources: Barbados Statistical Service, * Barbados Tourism Investment Inc, **Caribbean Tourism Organization
International
IFC
Finance Corporation
WORLD BANK GROUP
678,537 TOURISTS
836,155 CRUISE-
SHIP PASSENGERS
US$ 1.2 BILLION
VISITOR SPEND**
17,600 EMPLOYED
6,573 ROOMS*
2.2 MILLION
PASSENGERS
(2018)
GAIA Inc.
BARBADOS
"rising higher'
+A
$
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