The Caribbean weathers its worst summer tourism season in living memory in 2009, with pandemic fears and recession combining to slash visitor numbers and property transaction volumes.
The WHO declares H1N1 a pandemic in June 2009, compounding the Caribbean’s worst tourism crisis in decades and leaving property markets at a near standstill.
Caribbean tourism endures its worst spring in memory as H1N1 escalates globally and the recession keeps visitor numbers sharply below prior-year levels.
Caribbean tourism faces a double crisis in May 2009 as the H1N1 swine flu emergency compounds the worst global recession in decades, freezing property markets across the region.
