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The Caribbean: The Importance and Role of Sports Tourism
By Stefan Fabien, Attorney-at-Law, Port of Spain, Trinidad and Tobago
To say that the 2017 Atlantic Hurricane season was brutal would be an understatement!
More than a dozen storms lambasted the Caribbean region, with two storms, in particular, Irma and Maria, developing into category 5 Hurricanes, leaving a trail of death, destruction, devastation and despair, rendering tens of thousands homeless; millions powerless; and a recovery effort estimated to take years and cost in excess of US$50 billion dollars.
The yet unquantified costs, however, are those regarding damage to the tourism sector upon which, for decades, the majority of these Caribbean Nation States have relied. Closely connected to this more traditional tourism sector is the burgeoning sports tourism industry, which has quietly become a multi-billion-dollar industry in its own right.
According to the Draft Sports Tourism Policy of Trinidad and Tobago, dated 2 June 2017, economic benefits of sports tourism include:
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- revenue generation from the increased demand for hotel accommodation;
- transportation services;
- food and beverage;
- entertainment;
- television and media coverage.