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Tourism earnings drop $2m
26-02-2014 - SamoaObserver.

The Central Bank of Samoa (C.B.S.) reports visitor spending decreased by $2.2 million tala last November due to “large drop” in earnings from genuine holidaymakers.

According to its Visitor Earnings and Remittances Report for the month, the total number of visitor arrivals decreased by 10.5 per cent to 8,937 and was 5.5 per cent lower than at the same time the year before.

This led to a decline in total visitor earnings, with a comparative analysis showing the bulk of visitor earnings coming from those visiting friends and relatives. “Underpinning this month’s lower arrivals by market were reduced number of travellers from New Zealand, Europe and ‘other countries’,” the report reads. “While all other source countries trended upwards.

“For arrivals by purpose, the decline stemmed from reductions in those here on ‘holiday’, ‘business and conference’ and ‘other’ purposes.

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