RBF Economic Review – June 2019

RBF Economic Review – June 2019

RBF Review – 12th July, 2019

Global economic prospects report downgraded its global growth forecast to 2.6% in 2019 from the 2.9% that was projected in Jan.
– Visitor arrivals increased by 6.5% in the year to May due to higher arrivals from NZ, Japan, the US, Australia and the Rest of Asia.
– New consumption lending by commercial banks’ rose by 7.8% in the year to May and new bank lending for investment purposes declined by 20.1%.
– Annual inflation was 2.1% in May unchanged from April but lower than the 5.1% in May last year.
– Liquidity fell by 10.2% in May to $323.2m on account of a decline in foreign reserves.
– In May, the Fiji dollar strengthened against the NZ dollar (+1.4%) and Australian (+1.0%) but weakened against the US (-1.05%), Japanese Yen (-2.9%) and the Euro (-0.6%). Read more…

FBOS Provisional Hotels and Tourist Accommodation Statistics, Quarter 1, 2019

FBOS Provisional Hotels and Tourist Accommodation Statistics, Quarter 1, 2019
Compared to 2018 Quarter 1;
– the number of rooms available increased by 0.5% and rooms sold increased by 3.7%
– the number of beds available increased by 1.0% and beds sold increased by 3.7%
– room occupancy rate increased by 1.5% and the bed occupancy rate increased by 1.1%
– paid employment in the hotel sector increased by 3.4% 
– receipts from the accommodation, sales of food, liquor, telephone, and other miscellaneous charges increased by 14.0%.

Pacific Regional Tourism Employment Survey

Pacific Regional Tourism Employment Survey


The South Pacific Tourism Organization (SPTO), is undertaking an online Pacific Regional Tourism Employment Survey.  Employment is one of the key benefits of tourism.  Unlike many other industries, tourism employment is intensive, as it employs a lot of people.  In fact, people are one of the greatest assets of a destination, and they generate many of the best memories that tourists take home with them.

The last employment survey conducted by SPTO was in 2014, recording a total of 61,400 employed in the tourism sector across 14 Pacific Island Countries (PICs). However, it is important to review the current level of tourism employment in the PICs, useful for future sustainable planning, and ensuring that there are jobs for our generation, and future generations, in this important sector.  The need to gain a deeper understanding on the current and future skills supply and demand in the tourism sector is also critical for the PICs, and that employment training needs are aligned.

For these reasons, the SPTO is undertaking the employment survey by asking business that provide goods and services to tourists to tell us about how many people they employ and what their current and future skills supply and demands are.  SPTO kindly request the honor of your business to participate in this online survey by filling the attached form.  All businesses that complete the survey will go into the draw where SPTO will be giving away an iPad in-box.

The survey should take 15 – 20 minutes, and will run till Sunday the 30th of June 2019.   If you have further queries or need further clarifications, please contact Elizabeth Ragimana, Manager Research & Statistics, via research@spto.org.

All information provided to the SPTO will remain highly confidential and only aggregated results will be published.

Thank you for your cooperation and we look forward to your response. START YOUR SURVEY NOW

FBoS Release No.64 Provisional Visitor Arrivals – August 2018

FBoS Release No.64 Provisional Visitor Arrivals – August 2018

Provisional numbers show that 88,693 visitors arrived into the country in August 2018. The number was a record for the month of August and represents an increase of 7.7% compared to a year earlier.

The majority of visitors to Fiji in August 2018 were in the age range 25-64 (66.2%), which accounts for the vast majority of the working age population.

The visitor arrival by country and number were as follows;

1) Australia –  with 34,641 visitors
2) New Zealand –with 24,065 visitors
3) United States of America – with 7,727 visitors
4) China –  with 4,970 visitors
5) United Kingdom –  with 1,486 visitors

Click Release No. 64 Prov. Visitor Arrivals – August 2018 Release for more