A recent report from the International Monetary Fund indicates that the tourism industry in St Kitts and Nevis is recovering from the recent recession, and that this year has already seen considerable improvement, which is partly due to the reopening of the Four Seasons hotel in Nevis, and partly due to the fact that the United States is also coming out of recession as its own property market begins to stabilise. While the US is one of the major markets for St Kitts, it is also becoming a far more popular tourism destination for Canada and Europe.
The government in St Kitts has also taken steps to implement a strong fiscal adjustment program which includes tax revenue reforms, expenditure cuts and other measures designed to control inflation. Although it has been controlling spending it has still bought two new electricity generators to ensure the increased demand for power is met throughout the island, and is still ensuring that its tourism industry is promoted and that improvements to the infrastructure continue to be made.
Air Canada is due to begin flying out of Toronto to St Kitts at the end of the year, and although at the moment these flights are only due to continue until April 2012, there are rumours that if it is successful the flights will continue year-round. At the moment it is the only non-stop commercial flight from Canada, even though North America is a key market. Robert Bradshaw International airport was recently expanded as part of the government's programme to encourage visitors. There are already a considerable number of non-stop flights from the United States and European cities.
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