- Name
- Percentage change in cruise expenditure
- Indicator purpose
- This indicator measures the annual change in the expenditure incurred by cruise passengers
- Abstract
- This indicator measures the magnitude of the annual change of the expenditure incurred by cruise passengers. Cruise passengers are those visitors who enter the country on a sight- seeing trip and only spend a few hours in the country. The percentage change compares the current expenditure with the previous expenditure to determine the extent of the increase or decrease of cruise tourism expenditure.
- Contact organization / person
- Belize Tourism Board (BTB)
- Unit of measure
- Percent
- Other characteristics
- The percentage change in cruise expenditure tells the extent of the increase or decrease in cruise tourism expenditure. Cruise passengers generally enter the country for a few hours for the main purpose of sight-seeing before they board the ship and move to another destination. A cruise passenger does not stay in the country overnight. A positive change means that cruise passengers are spending money more than the previous period. A negative change means that that the cruise passengers are spending less money than the previous period. Countries that rely heavily on the tourism industry benefit from higher expenditure by cruise visitors.
- Classification used
- Percentage change in cruise expenditure is an economic indicator. A cruise visitor is a cruise passenger who comes to Belize on a sightseeing trip and only spend a few hours in the country
- Disaggregation
- Major cruise line Sites visited Expenditure by places visited
- Key statistical concepts
- Calculation can be done using the following formula:
% change in cruise expenditure = (Current cruise expenditure-Previous cruise expenditure)/(Previous cruise expenditure) X 100
- Recommended uses
- Percentage change in cruise expenditure is used to measure and evaluate the effectiveness of investment in tourism infrastructural development projects by the public and private sector.
- Other comments
- The cruise tourism expenditure is obtained by administering a survey to the cruise passengers aboard the vessel.
- Baseline
- 11.1% (2015): 44.5% (2016)
- Target 2020
- 5.89% annually
- Target 2030
- 5.89% annually
