Tourism Satellite Account Report Released

September 23, 2014

Last year tourism contributed $289.4 million to Bermuda’s GDP, employment directly related to tourism declined 10.1%, Government spent $30 million to provide tourism services and a total of 579,808 visitors to Bermuda translated into $412 million spent within the local economy, a decrease of $3 million from 2012.

These figures come from the 2013 Tourism Satellite Account report from the Department of Statistics, which was released today [Sept 23] and defines the economic activity in the tourism industry and measures its contribution to GDP and employment.

Chart #1 extracted from the report:

Fullscreen capture 9232014 23119 PM

The report said, “Total tourism-related value added decreased to $609 million in 2013, down 1.0 per cent from the $615 million measured in 2012. The total value added comprised $289 million in direct gross value added and $320 million in indirect gross value added.

“Direct Tourism output amounted to $489 million in 2013. This represented 46.6 per cent of total tourism output. For every dollar of direct tourism output generated, another $1.15 of indirect tourism output was produced.

“The tourism-related employment level fell by 460 workers to 5,224 jobs in 2013. This total included 3,553 jobs directly related to tourism and 1,671 jobs from indirect tourism. This means for every 10 direct tourism jobs generated in 2013 an additional 4.7 jobs were indirectly created.

Chart #2 extracted from the report:

Fullscreen capture 9232014 23204 PM

“Employment of Bermudian workers represented 74.6 per cent or 2,651 workers engaged in tourism industry employment, a 9.2 per cent decline when compared to 2012,” the report added.

“The level of wages received from tourism activities reached $415 million, falling $18 million below the level in 2012. Of this total, 57 per cent or $236 million in wages was earned from direct tourism.

“In 2013, a total of 579,808 visitors to Bermuda translated into $412 million spent on goods and services within the local economy. The total level of spending by air, yacht and cruise visitors [including crew members], fell by $3 million when
compared to spending levels recorded in 2012.”

The 2013 Tourism Satellite Account publication is below [PDF here]

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Comments (28)

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  1. somuchless says:

    And I thought Hanbury said that he will turn tourism around in 6 months. Lol

    • Back it up... says:

      Just wondering where it says anything of the such….please paste the link…..
      Otherwise the only thing that is ‘somuchless’ is your hearing/reading ability…and more so your sense of humor

      But I always give the benefit of the doubt so ill wait for the link…

      • somuchless says:

        He said it when he first arrived. Go look it up yourself.

        • SMH says:

          ..and the koolaid drinks are off! Next it will be what are the BTA salaries bla bla bla. Yawn

        • Back it up... says:

          Sure he did….go get a life…go figure out where the hell you going to be in 6 months

          • same ole ole says:

            Probably complaining about the same crap…different day….same spew…

      • Jason says:

        Also might want to consider Hanbury was hired in Jan. 2014 and the reported period is for 2013.

        Let’s wait for the 2014 report, including interim reports before we judge.

        Just saying

    • SMH says:

      Of course the marches, the transportation strikes and grease balls all helped him a lot as well right?

      • hey SMH says:

        don’t forget our welcoming friendly non-xenophobic demeanor that makes all of our visitors feel at home when they are standing under the blistering sun waiting in a line for transportation to one of the world’s most beautiful beaches.

        I sure wish all those that moan about things would put some energy into fixing the problems around here.

        Some of us are truly pathetic.

        At least Hanbury makes sense!

        • JB says:

          He’s not making sense he’s making 6 figures and lol all the way to the bank.

    • Keepin' it Real!...4Real! says:

      i see the entitlement spoons are still in a lot of bermudians mouths…its good that you stay clueless though, because as we all know…What you don’t know, won’t hurt you…but you most definitely will experience, live n direct, eyes wide open, the repercussions of your actions. think not..? watch.

    • CommonSensenBda says:

      Guess you were “THRILLED” when that fake report was released saying that Bermuda’s sea was FOUR TIMES above the U.S. polluted levels (a fact that the researchers here locally, have not been able to verify with every last test that has been produced less than 0.010 % levels since.)

      But here was the REAL FACTS.

      “Dr Lisa Indar, of CARPHA, said that after analysing the Department’s sampling and analytical methods and independently testing water samples, the organisation found the sampling methods WERE in compliance
      with standards and the laboratory results from both bodies were similar.

      She also noted that a historical review of sample sites indicated that recreational areas were safe and fit for use, generally meeting the US EPA requirements.

      “The EPA guidelines for water quality is based on testing the number of enterococci and the number of E.coli in the water,” she explained. “When we looked at [Bermuda’s] geometric data, at the geometric mean
      of your data, AT NO TIME OVER THE LAST YEAR, OVER THE LAST FIVE YEARS, HAVE ANY OF YOUR BEACHES CROSSED THAT MEAN”

      (EMPHASISE OF THE STATEMENTS.) IS MINE
      http://carpha.org/articles/ID/27/CARPHA-Confirms-Sea-Water-Quality-in-Bermuda-Safe

      So where, or who cooked up the c@ck-a-mammy bullsh!p and spoon fed it to the U.S. Consular General? Someone who knew their party was about to lose an election?

      THINGS THAT MAKE YOU GO HMM MM.

  2. joe says:

    Why in the first chart is there “Hotels & Restaurants” and then separately “Tourism”?

    Public Administration – so high in employment, so low in GDP. :-)

  3. Anna says:

    Interesting to see that very few Bermudians choose work in the hotel/restaurant industry – it comes second in ‘total employment’ rank with roughly 4,000 employees, but is not even among the top ten sectors for Bermudians.
    I personally would love to see more Bermudians in our restaurants!

    • Raymond Ray says:

      I also agree. I’d love to see far more Bermudians in our hotels and restaurants. Unfortunately,(to me) it appears to be many Bermudians seem to have, “champagne taste but only beer monies” and are not satisfied with the wages they’re earning; feeling they should get a bit more plus, gratuities.
      If them that work and can make do with what they earn at these jobs then why must Bermudians complain about people coming here from 12000 miles away doing jobs they need / should be doing ?

    • PBanks says:

      To be fair, it’s tough, the restaurant field, compared to others. The requirements to work in restaurants disqualify many single parents, for example (namely shift and on-call work). Not saying it can’t be done, of course, or excusing the people who get hired and simply quit because the workload is tough/pay is low.

      • frank says:

        if you read some of the ads they want a slave not a modern day worker the government has the ability to stop it so why don’t they

        • Creamy says:

          They need people willing to work restaurant hours frank, because they are running restaurants. You can’t be a restaurant employee and work whatever hours you like. It’s hard work. If you aren’t prepared to do it, you can’t work in a restaurant. It’s frikkin simple really, frank.

    • Toodle-oo says:

      The average Bermudian who could , or would want to, work in the hospitality industry can not afford to . Nor have they been able to afford to for decades.
      Unless one lives at ‘home’ with their family , for most of them a month’s rent would completely decimate their wage.
      Rent alone , not to mention the myriad other monthly expenses.
      It’s not that we don’t have people here willing and able , they just can’t afford to .

      • Raymond Ray says:

        As oppose to Govt. giving monthly, a check to some people that are claiming to be seeking out a job, when there’s work readily available why can’t the individuals do the job that’s available and if needing more money to make ends meet then go seek Govt. assistance?
        Don’t expect a Govt. that’s scratching its tail not knowing where its next dollar will be coming from to support a healthy “tail” man or woman who prefer to complain about people coming here to Bermuda from elsewhere doing jobs they are capable of doing themselves!

  4. Better Bermuda says:

    …..and how much do they get paid?

  5. Coffee says:

    Say… Has tourism improved under the UBP /OBA ?

  6. more than enough says:

    So far bdot produced better numbers all around, but I suppose you clowns still think the bta is so much better.

    • Creamy says:

      You do realise these are 2013 figures, don’t you?

    • CommonSensenBda says:

      We will not have numbers for the B.T.A. till late next year because they did not take over from the B.T.O.T. until April 1st this year.

  7. street wise says:

    The “Tourism Authority”…. what an insult to the Island. It’s the same game, just with a new name. They still don’t have a clue how to increase air tourism to Bda. Not a clue…. So sad.

  8. somuchless says:

    Bring back the good ole staff from the bdot. They where
    much friendlier and accessible then the team we have now.