3 Dec 2012

Samoa gets more tourists but income from remittances down

4:08 pm on 3 December 2012

Samoa's top two foreign exchange earners recorded mixed results in September this year, according to the latest report from the Central Bank of Samoa.

While private remittances fell, tourism income was up thanks largely to the Teuila Festival.

After declines in the previous month, visitor arrivals in September increased 5 percent to 10,934.

This was 12 percent higher than in September 2011 and contributed to a 4 percent expansion in total visitor numbers in the first three months of the current financial year.

The top two tourist sources were Australia and New Zealand.

The higher number of arrivals combined with a seasonal 10 percent increase in average spending per tourist saw total tourism revenues up by 15 percent to just over 11 million US dollars.

Private remittances dropped 13.1 percent in September compared to a year earlier.

The downturn reflected decreased private transfers from most source markets, except for the USA which rose modestly.