Andrea M. Ewart, CEO of DevelopTradeLaw: “With the Caribbean being the most tourism-dependent region in the world, it is not surprising that it was also the region that experienced the most significant drop in travel and tourism revenues in 2020. By mid-2021, however, Caribbean destinations shared in the worldwide tourism industry rebound. According to U.N. World Tourism Organization (UNWTO) data, the significant jump in 2022 tourist arrivals to the Caribbean can be primarily attributed to the rebound in four locations—the U.S. Virgin Islands, St. Maarten, the Dominican Republic and Curaçao. In all four, tourist arrival numbers exceeded pre-pandemic levels. In fact, these destinations remained popular even during the pandemic. One-third of the remaining destinations have recovered at least 80 percent of their pre-pandemic arrivals. This recovery speaks to the popularity of Caribbean destinations—in particular among Americans—and to geography. This recovery is also very important to…”