With the Peruvian government intent on diversifying the economy away from mineral resources, the tourism sector is slowly becoming a strategic economic contributor. The sector has experienced unprecedented development in the past decade. According to the Ministry of Foreign Trade and Tourism in 2013 international arrivals increased 11% to 3.16m, a growth rate above the regional (5.1%) and...
Peru Tourism
Displaying 7 - 12 of 12
Though Peru’s economic growth registered a slowdown in 2014 - to an estimated 3.1% according to the central bank compared to rates of between 5% and 9% for much of the past decade - the mining-led economy is expected to regain momentum in 2015 as diversification efforts continue and government measures to stimulate investment take effect.
Over the past decade Peru has seen a period of transformative growth, effectively positioning it as one of the leading economic performers in Latin America. Posting growth rates in excess of 6% from 2010-12, the economy expanded by a further 5.1% in the first half of 2013.
Despite a global economic recession, international tourist arrivals in Peru rose by 10% in 2012 to reach 2.85m and the industry forecasts these numbers will continue rising at a steady rate, exceeding 3m visitors by the end of 2013. Overall heightened economic activity and investments are building a large corporate segment that is pushing industry standards, particularly in the hospitality...
With visitor numbers having risen to 2.5m in 2011, representing a 9% increase year-on-year, the government is developing tourist destinations outside traditional travel hotspots. While the focus has traditionally been on the country’s many historical and cultural sights, the sector is now seeing increased demand for business tourism services. Ecotourism is also a growth area, with more tourists...
With a surface area of 1.29m sq km and 2414 km of coastline, Peru is the third-largest country in South America. It has a population of 28.2m, 30.2% of which is under the age of 14. While there is no official religion, the majority of Peruvians are Christian, and the Catholic Church plays an important role in the country’s culture.
Page 2 of 2