PHILIPSBURG:--- For many years, members of the St Maarten Hospitality & Trade Association (SHTA) have jointly cooperated on collecting occupancy rates as an economic performance indicator. SHTA compared numbers of before hurricane Irma and 2019 as the last full pre-pandemic year of tourism with 2020 thus far; from the graphs below light blue representing the 100% pre-Irma level and dark blue representing what we’ve experienced these last 6 months. It’s clear that our economic woes are deep. In fact, our over-night capacity is still only at 66% of Pre-Irma levels.
At this point, St. Maarten requires an increase of
To read more: http://www.smn-news.com/st-maarten-st-martin-news/35766-comparative-state-of-the-economy.html
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Comparative State of the Economy. | SMN News
September 24, 2020
Source: https://www.sxm-talks.com/st-martin-news-network/comparative-state-of-the-economy-smn-news/
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