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Jamaica taps Carnival to help drive post-hurricane economic recovery
Kamal Bankay, executive chairman of Dream Entertainment Limited, delivers remarks at the recent Xodus Carnival 2026 Qualifiers Content Day & Media Launch.
Business, Caribbean Business Report (CBR)
December 19, 2025

Jamaica taps Carnival to help drive post-hurricane economic recovery

The Jamaican Government has designated the island’s homegrown Carnival season as a central pillar of its national recovery strategy, citing its contribution of nearly $100b to the domestic economy and its support for thousands of Jamaican jobs last year.

The festival, highlighted by events such as the Xodus Carnival, is being positioned as critical to rebuilding after the widespread damage caused by Hurricane Melissa. It underscores a strategic pivot towards the creative and tourism sectors as Jamaica’s most dynamic economic assets.

David Brown, director of cultural and entertainment synergies at the Ministry of Culture, Gender, Entertainment and Sport, said Carnival-specific activities generated approximately $91.3 billion (US$600m) in 2024. The broader entertainment sector, which accounts for 3-4 per cent of Jamaican gross domestic product, provided direct economic activity of about $5 billion during peak periods last year.

“The multiplier effect is real,” Brown told a recent media launch event. “The only way we can recover faster and stronger is if we maintain and support entertainment and event activities.”

The Carnival economy supports an extensive supply chain, from costume designers, musicians and sound engineers to security firms, agricultural suppliers and transport operators. Kamal Bankay, executive chairman of Dream Entertainment, parent company of Xodus Carnival, said the event was “one of the deepest and most inclusive economic drivers that touches every single aspect of our economy”.

Tourism leaders directly link the festival’s international appeal to increased visitor numbers and longer stays. Carey Wallace, executive director of the State-linked Tourism Enhancement Fund, argued that Jamaica’s competitive advantage lies not in traditional resources but in its “creative wealth” of music, culture and natural beauty.

“We are converting that creative wealth into economic wealth,” Wallace said. “Restarting a strong industry like entertainment creates long-term opportunities.”

Officials said the global digital reach of the Carnival — amounting to hundreds of millions of impressions annually — acts as a powerful marketing tool for the island. With preparations now beginning for the 2026 season, hoteliers in Kingston and other parishes are expanding capacity in anticipation of greater visitor numbers and economic returns.

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