TBI REPORT FOR FIRST HALF OF 2018 RELEASED
The latest TBCSA Tourism Business Index (TBI) report shows a substantial decline in business performance for the first six months of the year 2018.
According to the TBI, business in the sector experienced substantially lower than normal performance, recording an index of 57.9 (against an index of 100 considered to be normal). This latest score is much lower than the anticipated score of 72.4 forecast for the first two quarters of 2018, and notably is down from the index score of 71.4 experienced in the last half of 2017. This performance correlates with the RMB/BER Confidence Index and the SACCI Business Confidence Index.
To read the full and detailed report, CLICK HERE.