Grantley Adams International Airport Investment Opportunity slide image

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 $ 5
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