Traveltalkonline.com Forums


SXM Cruise Schedule TTOL Sponsors SXM Travel Calendar
Forum Statistics
Forums39
Topics33,263
Posts260,137
Members25,750
Most Online2,218
Jan 21st, 2020
Top Posters(30 Days)
bdeeley 103
kim 48
pat 47
jazzgal 45
Member Spotlight
YachtReprise
YachtReprise
Chicago
Posts: 462
Joined: May 2011
Show All Member Profiles 
Today's Birthdays
ACTON, kygirl, makeshiftwings
Who's Online Now
34 registered members (anet_scot, jeepers, PrairieGirl, Zanshin, mdldgl, BeachKitten, dvesc, bdeeley, StMartinFan, Brooke Lynn, richard4th, Husker, SANFILIP, Todd, Kennys, gomer36, SXMBND, ecm56, BillS, Jersey1, MrEZgoin, JandIrene, Dirk Lovelace, jagmansr, ECRunner, sugarae, vetteguy, 7 invisible), 167 guests, and 76 spiders.
Key: Admin, Global Mod, Mod
Previous Thread
Next Thread
Print Thread
Rate Thread
IMF estimates Sint Maarten 2020 GDP down 24% #261772
08/03/2021 06:51 AM
08/03/2021 06:51 AM
Joined: Aug 2012
Posts: 2,288
P
PelicanPirate Offline OP
Traveler
PelicanPirate  Offline OP
Traveler
P
Joined: Aug 2012
Posts: 2,288

SXM Sponsors
Re: IMF estimates Sint Maarten 2020 GDP down 24% [Re: PelicanPirate] #261777
08/03/2021 08:53 AM
08/03/2021 08:53 AM
Joined: Mar 2008
Posts: 2,093
BVI
Zanshin Online content
Traveler
Zanshin  Online Content
Traveler
Joined: Mar 2008
Posts: 2,093
BVI
That report certainly paints a dismal picture with little short-term optimism in sight.

Re: IMF estimates Sint Maarten 2020 GDP down 24% [Re: Zanshin] #261780
08/03/2021 10:18 AM
08/03/2021 10:18 AM
Joined: Aug 2012
Posts: 2,288
P
PelicanPirate Offline OP
Traveler
PelicanPirate  Offline OP
Traveler
P
Joined: Aug 2012
Posts: 2,288
The island looked very hopeful and busy in July.

Re: IMF estimates Sint Maarten 2020 GDP down 24% [Re: PelicanPirate] #261782
08/03/2021 10:41 AM
08/03/2021 10:41 AM
Joined: May 2004
Posts: 1,166
Virginia
Snorkeller Offline
Traveler
Snorkeller  Offline
Traveler
Joined: May 2004
Posts: 1,166
Virginia
Thanks for posting link to this report. Table 2 of that report shows how bad things have been for Sint Maarten since Irma. When you consider that the contraction in 2020 was from the level of 2019 (which had some growth after contractions in 2017 and 2018), you realize the severity of the economic situation.

Re: IMF estimates Sint Maarten 2020 GDP down 24% [Re: Snorkeller] #261783
08/03/2021 11:15 AM
08/03/2021 11:15 AM
Joined: Mar 2001
Posts: 16,334
Ohio
ruralcarrier Offline
Traveler
ruralcarrier  Offline
Traveler
Joined: Mar 2001
Posts: 16,334
Ohio
Like my long-time taxi driver friend indicated, this is unlike any hurricane as it impacted the entire world and it is not a matter of just rebuilding structures. This is a much more severe and longer lasting impact than any natural disaster.


J.D.
Re: IMF estimates Sint Maarten 2020 GDP down 24% [Re: ruralcarrier] #261790
08/03/2021 12:25 PM
08/03/2021 12:25 PM
Joined: Aug 2000
Posts: 76,376
Central Florida!
Carol_Hill Offline
Traveler
Carol_Hill  Offline
Traveler
Joined: Aug 2000
Posts: 76,376
Central Florida!
JD--that is so true. And coming on top of Irma? I don't know what the failure rate of small businesses is in SXM, but it has to be astronomically high.


Carol Hill
Re: IMF estimates Sint Maarten 2020 GDP down 24% [Re: Carol_Hill] #261798
08/03/2021 02:38 PM
08/03/2021 02:38 PM
Joined: Mar 2001
Posts: 16,334
Ohio
ruralcarrier Offline
Traveler
ruralcarrier  Offline
Traveler
Joined: Mar 2001
Posts: 16,334
Ohio
Originally Posted by Carol_Hill
JD--that is so true. And coming on top of Irma? I don't know what the failure rate of small businesses is in SXM, but it has to be astronomically high.

All one has to do is look at all the closed storefronts on Front Street. Something like 60% vacancy from what I recall? This was not a blip on the radar, this was/is a life-changing event for many on the island. Much more the rebuild and repair as this has had financial implications across the world.


J.D.
Re: IMF estimates Sint Maarten 2020 GDP down 24% [Re: PelicanPirate] #261839
08/03/2021 10:58 PM
08/03/2021 10:58 PM
Joined: Oct 2017
Posts: 933
S
SammyM Offline
Traveler
SammyM  Offline
Traveler
S
Joined: Oct 2017
Posts: 933
Maybe, just maybe when COVID finally comes to an end and cruise ships begin to return in realistic numbers things will begin to improve. Ports-of-call with an overnight stay in SXM would be helpful, and we actually did that once with Celebrity years ago. Here's hoping.


Powered by UBB.threads™ PHP Forum Software 7.6.1