Some Caribbean nations are seeing signs of a recovery in tourism after border closures and the Covid-19 pandemic decimated their economies last year. As vaccinations increase and people eye travel, Caribbean nations stand to benefit due to their proximity to the U.S., Senior Director for Fitch Ratings Charles Seville said. Many Caribbean islands have few restrictions and easy entry requirements, making them more friendly to foreign travelers. Investors in tourism businesses in the region are betting on an expansion of the industry in the future, he said.
