Fiji Sun, 09 September 2017 – The food retailers and stores in a number of non-essential retail segments in the west are reporting that generally business in not as good as it was. Taxi drivers, a good barometer of the discretionary spending of the country, also say that business is not as good as it had been.
There are complaints amongst the hotel and resort operators that business is down, but one of the best indicators of room occupancy rates, the commercial laundries, does not support the reduced level of occupancy cries.
The tourist numbers out of Australia, Fiji’s leading source market, have been in very slow but steady decline over the past year or so and this is an area of concern for the operators, but that fall is somewhat balanced by significant increases in new or developing source markets such as China, India and Singapore. Read more…