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Curaçao’s World Cup sparks tourism boom as Corendon leads

Financial Times Companies •
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Corendon founder Atilay Uslu, once a shawarma vendor, now steers a travel empire that includes Curaçao flights and hotels. When the island’s football squad qualified for its first World Cup, the 156‑k‑strong nation hit a global spotlight it had never seen, turning a sports moment into a tourism catalyst for investors seeking emerging markets today.

Uslu’s sponsorship funded travel and a Turkish training camp, while hiring Dutch legend Dick Advocaat boosted credibility. The partnership pushed the team past financial limits, generating a historic 0‑0 draw against Jamaica. Corendon even renamed its brand “CorenDick” for a day, signaling the depth of its marketing investment. This move underlines the power of branding.

FIFA’s $12.5mn guarantee—$10mn for qualification and $2.5mn for prep—injects cash into Curaçao’s federation, enabling merchandise sales and professional contracts. Tourism, already 23% of GDP, surged as Google searches hit a record. Investors now eye the island’s growing hotel market, despite rising concerns over overtourism and housing affordability while local officials warn of rising property prices.

Uslu’s strategy shows how a single sporting achievement can reshape a small nation’s economic landscape. By aligning travel, sponsorship, and brand identity, Corendon has turned Curaçao’s World Cup appearance into a revenue engine for tourism and football alike. The island’s next move will hinge on managing growth without eroding local affordability while safeguarding community interests.