Positive growth indicates signs of tourism recovery
(Tumon, Guam) The Guam Visitors Bureau (GVB) has released the preliminary visitor arrival report for July 2022, which shows that arrivals for the month ended with 41,091 visitors (+219.5%) welcomed to the island.
The Korea market dominated the market mix of travelers coming to the island at 68%, the US market represented 16%, Japan at 5%, the Philippines at 2%, and all other markets at 9%. Fiscal Year arrivals-to-date are now at 150,874, a 219.7% increase over FY2021 and around +16% above FY2022 original forecasts.
GVB’s original arrivals projection for FY2022 estimated around 130,000 visitors to Guam driven primarily by the Korean market representing around 50% of that amount. As of August 8, 2022, Guam has welcomed 71,660 Korean visitors capturing 45%% of total market share. Based on current performance and recent trends Guam can expect to welcome around 200,000 visitors from all of Guam’s major source markets which exceed GVB’s forecasts by +54%.
“The proof is in the pudding. It’s what you see right here on our beautiful island. Look around. See how crowded the beaches are and the number of people that are eating out and shopping at our retail outlets. Tourism is recovering and people are visiting and spending,” said GVB President & CEO Carl T.C. Gutierrez. “While this is great news for Guam, our industry is fragile and we need all the support we can get for our airlines, travel agents, and small businesses that all contribute to our island’s tourism economy. I encourage all our tourism-related businesses that now is the time to stick together and stay open. We’re just picking up the momentum and we want everyone to be with us when we’ve reached full recovery.”
GVB’s visitor arrival reports can be found on its corporate website - guamvisitorsbureau.com.
Tourists enjoy Tumon Bay on Friday afternoon, August 19th.
(Tumon, Guam) The Guam Visitors Bureau (GVB) has released the preliminary visitor arrival report for July 2022, which shows that arrivals for the month ended with 41,091 visitors (+219.5%) welcomed to the island.
The Korea market dominated the market mix of travelers coming to the island at 68%, the US market represented 16%, Japan at 5%, the Philippines at 2%, and all other markets at 9%. Fiscal Year arrivals-to-date are now at 150,874, a 219.7% increase over FY2021 and around +16% above FY2022 original forecasts.
GVB’s original arrivals projection for FY2022 estimated around 130,000 visitors to Guam driven primarily by the Korean market representing around 50% of that amount. As of August 8, 2022, Guam has welcomed 71,660 Korean visitors capturing 45%% of total market share. Based on current performance and recent trends Guam can expect to welcome around 200,000 visitors from all of Guam’s major source markets which exceed GVB’s forecasts by +54%.
“The proof is in the pudding. It’s what you see right here on our beautiful island. Look around. See how crowded the beaches are and the number of people that are eating out and shopping at our retail outlets. Tourism is recovering and people are visiting and spending,” said GVB President & CEO Carl T.C. Gutierrez. “While this is great news for Guam, our industry is fragile and we need all the support we can get for our airlines, travel agents, and small businesses that all contribute to our island’s tourism economy. I encourage all our tourism-related businesses that now is the time to stick together and stay open. We’re just picking up the momentum and we want everyone to be with us when we’ve reached full recovery.”
GVB’s visitor arrival reports can be found on its corporate website - guamvisitorsbureau.com.
Tourists enjoy Tumon Bay on Friday afternoon, August 19th.
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