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Boom year for the Falklands’ tourism industry propped by the war’s anniversary

Thursday, July 12th 2012 - 07:23 UTC
Full article 155 comments
This coming 2012/13 season 35.000 cruise day visitors are expected This coming 2012/13 season 35.000 cruise day visitors are expected

Tourist arrivals to the Falkland Islands are expected to increase by 14.9% in 2012, with a significant 28.8% jump in the number of leisure visitors, mainly driven by the 30th anniversary of the Falklands War.

This works up to over 7.600 arrivals (up 9% over 2011) because of returning servicemen, journalists and interested leisure visitors, according to Acorn Consulting on behalf of the Falkland Islands Tourist Board.

In total, 7.635 overnight visitors are expected to visit the Islands in 2012, spending over £4.8 million and cruise passenger arrivals are forecast to remain unchanged in the 2012/13 season, totalling around 35.000 day visitors.

Domestic tourism is forecast to grow in 2012, albeit at a moderate rate of 3.5%, and will generate 14.300 trips and £1.25 million in expenditure.

In the first quarter of 2012, tourist arrivals from the UK grew marginally. Overall there were 1.516 overnight visitors from the UK.

Overall visitors’ arrivals in 2012 by inbound overnight tourists, cruise passengers and domestic tourists are expected to total over 57,000, spending over £7.3 million.
 

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  • Doveoverdover

    Falkland Islands - the Premier tourist destination in the South Atlantic.

    Jul 12th, 2012 - 08:02 am 0
  • Falklands are British

    Rockhopper Exploration plc
    (“Rockhopper” or the “Company”)

    Farm-out agreement signed with Premier Oil plc

    Rockhopper, the North Falkland Basin oil and gas company, is pleased to announce that it has entered into a conditional farm-out agreement with Premier Oil plc (“Premier”), regarding the Company's interests in its petroleum licences in the North Falkland Basin (the “Transaction”).

    Highlights of the Transaction

    · Premier to acquire 60 per cent. of Rockhopper's interests in its North Falkland Basin licences

    o US$231 million upfront cash payment on completion of transaction

    o US$722 million Sea Lion development carry (net to Rockhopper)

    o US$48 million exploration carry (net to Rockhopper)

    · Premier to provide standby financing arrangement at Rockhopper's election to cover any additional development capex beyond the development carry of US$722 million

    Jul 12th, 2012 - 08:37 am 0
  • Britworker

    A positive story of economic success from south america, how unusual! English speaking with a strong northern european work ethic, unlike their lazy self-serving corrupt gaucho neighbours. They hate the Islanders because they make them look like amateurs.

    Jul 12th, 2012 - 09:02 am 0
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