Omicron variant threatens Caribbean tourism recovery
Significance The move -- a response to the Omicron variant -- comes just weeks after the country reopened fully to international tourists. With tourism across much of the Caribbean having only recently started to rebound, Omicron’s emergence poses a major threat to island economies, and could stifle recovery before it has even really begun. Impacts Investment in tourism projects may pause while investors evaluate the potential impacts of Omicron. Businesses that survived 2020 lockdowns may struggle to endure another disrupted high season. Domestic tourism within source markets such as the United States may increase if people are deterred from visiting the Caribbean. The cruise industry may be particularly vulnerable, with cases among passengers causing sailings or port visits to be cancelled.