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Compass News
Ship tariffs could impact Cayman
The trade war between the US and China over ship tariffs may be heating up and Cayman could be caught in its cross hairs.
Delegates from Cayman and across the region have been actively lobbying to stave off the financial hit to local pocket books.
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Cayman Compass
The Cayman Islands is set to outperform many of its Caribbean peers over the next five years, with BMI, a Fitch Solutions company, forecasting steady stayover tourism growth through 2029.
According to BMI’s ‘Caribbean Tourism Report Q3 2025’, over the 2025–2029 period, Cayman’s visitor arrivals are forecast to rise by an average of 6.4% annually, one of the strongest sustained growth rates in the region, pushing total air arrivals to 594,460 by 2029.
By comparison, regional tourism growth is expected to average 3% annually, led by modest gains in large-volume markets such as the Dominican Republic, Bahamas and Puerto Rico, which are forecast to expand by between 2% and 4% per year.
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