What infrastructure segments most need upgrading to enhance the tourism sector’s potential?
Peru Tourism
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Interviews & Viewpoints | María del Carmen de Reparaz, Vice-Minister of Tourism: Interview from The Report: Peru 2015
Articles & Analysis | Investment in transport and niche segments supports growth potential from The Report: Peru 2015
Featuring many attractions, from the iconic Machu Picchu to the Andes Mountains, the Pacific Ocean shores to the Amazonian forest, the tourist offering in Peru is rich and diverse, complemented by its internationally renowned cuisine and rich Inca heritage.
Articles & Analysis | Hotel investment on the rise to meet growing demand from The Report: Peru 2015
An increasing number of tourists as well as large-scale events scheduled for the coming years is spurring significant investment across the hotel industry, as Peru prepares to meet rising demand. Growth prospects are attracting investment from international and local investors alike, generating alliances between the two. Meanwhile, the government is continuing its...
Articles & Analysis | With a series of large events on the horizon, efforts are under way to expand MICE infrastructure from The Report: Peru 2015
Though still relatively small, Peru’s meetings, incentives, conventions and events (MICE) segment has grown at a stable pace in recent years. According to estimates by the National Chamber of Tourism (Cámara Nacional de Turismo, CANATUR), revenues generated by the segment are expected to reach $300m by end 2014. A series of events scheduled for upcoming years is set to...
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...
Articles & Analysis | Lima’s metro network continues its much anticipated expansion from The Report: Peru 2015
Moving through Lima has become increasingly difficult. Municipal authorities calculate that the average trip through the city takes 45 minutes and advances at an average speed of 17 km per hour. This is the result of urban growth, which over the years has increasingly burdened the capital’s commuters.