Connect with us

TCI News

Covid tourism hit at $94 million; TCI No. 1 globally for GDP percentage loss

Published

on

#Providenciales, Turks and Caicos Islands – August 25, 2020 – Turks and Caicos has lost $94 million in revenue due to Covid-19, the highest percentage loss of GDP in the world according to a news report which extrapolated data quantifying the enormous blow to the industry.

London-based, TTRWeekly.com explains the data is drawn from the World Travel and Tourism Council report on the impact of Covid-19 on the travel industry.  The GDP data, said the online article, is taken from the World Bank up to July 2020.

Five Caribbean region countries make the list of most lost by percentage and overall, the Caribbean islands make up 50 percent of those who have suffered the highest percentage loss in GDP.

Advertisement

In that Top 10 world list are also Aruba, Antigua and Barbuda, St. Lucia and Grenada.

Premier of the Turks and Caicos Islands, Sharlene Robinson was asked about this ghastly reality.

“Because we are heavily dependent upon tourism, of course our GDP will be seriously impacted; that is something that I announced two weeks ago,” said the Premier and Finance Minister in a press conference today.

In July, the Premier announced the Turks and Caicos Islands economy contracted by 26 percent since the pandemic gripped the globe.

It is estimated that travel and tourism has taken a $195 billion hit in the first four months of 2020 alone due to Covid-19.

Beaches Resort, TCI largest private sector employer remains closed due to COVID-19 impact on travel and tourism; planned reopening in October

The biggest loss in tourism revenue was over $30 million, suffered by the United States; the figure in the ESTA (Electronic System for Travel Authorization) report is reflective of .15 percent of US annual GDP.

For Turks and Caicos, this meant a 9.23 percent loss in revenue to the country or $94 million.

“CARICOM had put out some figures – putting our loss in the region in the billions. So we can appreciate that we are just heavily dependent upon tourism so there will be a serious fall out for us in loss…”

The country’s Opposition Party Leader and former Finance Minister, Washington Misick, last week said the Turks and Caicos Islands was in a “deep recession.”

The TCI Premier today said, “not yet.”

According to the World Tourism Organization: “International arrivals declined 97% in the month of April, reflecting travel restrictions in 100% of all destinations worldwide, amid measures to contain the spread of the COVID-19 pandemic.  This represents a loss of 180 million international arrivals compared to the same period of 2019, which translates into US$195 billion in lost international tourism receipts (export revenues).  By regions, Asia and the Pacific, the first region to suffer the impact of the pandemic, saw a 51% decrease in arrivals in January-April 2020. Europe recorded the second strongest decline with 44% fewer arrivals, followed by the Middle East (-40%), the Americas (-36%) and Africa (-35%).”

Magnetic Media is a Telly Award winning multi-media company specializing in creating compelling and socially uplifting TV and Radio broadcast programming as a means for advertising and public relations exposure for its clients.

News

Traffic Death again, a woman dies and two others hospitalised

Published

on

#TurksandCaicos, June 23, 2024 – Magnetic Media can inform that, yes there has been another traffic death in Providenciales and reports say it’s a woman who didn’t make it out of a three car smash up.

Almost, exactly 24 hours after a deadly collision was recorded in wee hours of Saturday morning came news, this morning, of a second death by motor vehicle accident.

“I can confirm the Police Control Room received a call during the early hours of this morning involving a serious accident on Leeward Highway. One person (female) died while others were rushed for medical treatment,” said Denyse Renne, media officer for the Royal TCI Police.

The Cheshire Hall Medical Center, which had already suspended visitation due to security concerns in the wake of four murders between Friday and Saturday in Provo, has restricted its Emergency Room to emergencies only.

TCI hospitals citing the unusually high demand for urgent medical care to multiple patients as the reason for the restriction.

While it is widely reported that the person who died in the traffic accident on Leeward Highway near Pratt’s Road is a female tourist, police say they’re investigating.

It’s been a total of six lives lost in startling incidents in the past day in Providenciales.  The tragic circumstances of the car accidents and sheer violence of the shootings have sent shockwaves throughout the country leaving residents utterly bewildered.

Continue Reading

Crime

Five Cays Shooting Death

Published

on

***MEDIA RELEASE***

June 22nd, 2024.

Homicide detectives of the Royal Turks and Caicos Islands Police Force are actively investigating a murder in Five Cays, Providenciales.

Initial reports indicate that shortly after midday, the Police Control Room received several calls stating that gunshots were being heard in the area of the Community Center.

RT&CIPF officers responded to the given location and found the lifeless body of a male with what appeared to be gunshot wounds about the body.

The RT&CIPF is asking anyone with information that may help in this investigation to contact the closest police station, 911, the Serious Crime Unit at 231-1842, or Crime Stoppers at 1-800-8477 to provide any information anonymously.

Additionally, individuals are encouraged to download the Crime Stoppers P3 app to share information.

Continue Reading

News

Rescued

Published

on

 

 

Media Release

June 22nd, 2024.

 

Two occupants of an aircraft were rescued around 3:28 p.m. today (June 22) following an intensive sea search around Providenciales.

The occupants –two males- are currently receiving medical attention.

The Royal Turks and Caicos Islands Police Force can confirm that shortly after midday, the Air Tower received a report regarding an aircraft landing on water (ditching) approximately 11 miles from Northwest Point, Providenciales.

The aircraft had departed from the United States and experienced engine failure.

Having received reports of the incident, a Strategic Coordinating Group with representation from the RT&CIPF, the TCI Civil Aviation Authority, the Airport Authority, the Department of Disaster Management and Emergencies, and the Ministry of Health was activated to coordinate the search and rescue.

The group worked closely with partners from OpBat and received confirmation that a United States Coast Guard helicopter had successfully rescued the two persons after three hours.

The victims were brought ashore.

Acting Assistant Commissioner of Police Mat Newton said, “I wish to express my profound gratitude and acknowledge the invaluable support of our national and international partners.

“This successful rescue operation is a testament to our collective strength and coordination. With the full support from our US partners and the local marine community, I extend my heartfelt thanks to our OpBat partners and the crew of the US Coastguard helicopter, as well as the Marine Branch of the RT&CIPF, the staff of the Department of Environment and Coastal Resources (DECR), the Department of Fisheries and Resources Management, Caribbean Cruisin, and vessels from the TCI Search and Rescue Association.

“We are now in the process of initiating an investigation into the accident in close liaison with the Civil Aviation Authority.”

Continue Reading

FIND US ON FACEBOOK

TRENDING