Galt&Taggart forecasts tourism revenues at US$ 4.6bn in 2025 and US$ 4.9bn in 2026.

Tourism revenues increased by 3.7% y/y to US$ 305mn in Nov-25, according to the review.

Overall, in 11M25, tourism revenues came in at US$ 4.4bn (+4.9% y/y), by our estimates.