Over the past decade and a half the long-kept secret of Colombia’s cultural heritage and natural beauty has spread throughout the international tourism circuit. The country’s potential as a regional tourism hotspot has been recognised by organisations and publications worldwide, with business-focused media outlet Forbes listing Colombia...
Aided by easier and cheaper travel, global tourism has experienced two decades of almost uninterrupted growth. According to the World Bank, the number of international departures more than doubled between 1997 and 2017, from 687m to 1.57bn per annum. With the global middle class estimated by the US-based think tank Brookings Institution to be...
Looking to leverage the momentum of an expanding tourism sector, in December 2018 the Colombian government introduced the Plan for the Tourism Sector 2018-22. With emphasis on sustainability, responsibility and quality, the plan aims to position the country as an innovative, diverse, high-value destination to promote long-term, inclusive and...
More and more commercial transactions are moving online and the so-called digital economy continues to expand its reach into every facet of the traditional analogue economy. For businesses, this means they have access to new channels to reach existing clients as well as new opportunities to expand market share with a competitive digital...
How has the sector adapted to new technologies, and how will it benefit the broader economy?
With high demand for telecommunications services, an emphasis on innovation in commerce and industry, and the passing of a new ICT law in June 2019, Colombia’s ICT sector is poised to regain momentum in the coming years. According to international analyst BMI Research, the market value of the country’s ICT sector was $6.29bn in 2018, with this...
Stay updated on how some of the world’s most promising markets are being affected by the Covid-19 pandemic, and what actions governments and private businesses are taking to mitigate challenges and ensure their long-term growth story continues.
Register now and also receive a complimentary 2-month licence to the OBG Research Terminal.
Register Here×