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[BUSINESS] · Grenada · 3 sources

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Grenada tourism expenditure reaches record highs

Grenada has achieved a significant milestone in its tourism sector, with visitor expenditure reaching approximately US$387.8 million in 2025. This represents a 20.4 percent increase in spending between 2023 and 2025. Data from the Grenada Tourism Authority indicates that overnight travelers remain the primary economic driver, accounting for roughly US$364.8 million, or 94 percent, of total expenditure.

While stayover travelers lead in total volume, the cruise segment saw a sharp increase, with expenditure rising 56.6 percent to approximately US$22.9 million in 2025. Looking ahead, projections suggest visitor spending could exceed EC$1 billion in 2026, marking a potential second consecutive year above that threshold.

The nation’s tourism strategy is shifting toward high-value travel, emphasizing local food, heritage, wellness, and cultural experiences across Grenada, Carriacou, and Petite Martinique to ensure economic benefits reach local businesses.

Entities

Carriacou · Grenada · Grenada Tourism Authority · Petite Martinique