Over the past four decades Peru’s political and social forces have been seeking a magic formula: an optimum combination of good governance, strong economic growth and poverty alleviation. As is the case in many Latin American countries, different policies have been pursued; there have been both hits and misses, and some U-turns along the way. But despite these swings of...
Bouncing back from political instability and hyperinflation in the 1970s and 1980s, Peru has sustained average GDP growth above 6% since 2004. A major metals and minerals exporter, Peru’s growth has been fuelled in large part by high commodity prices and stable demand from China. This has allowed the country to become an important world player in copper, gold and silver...
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...
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...
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.
In the desert of southern Peru lies a gigantic mystery, the evidence of which is spread out across roughly 190 sq miles of arid desert between the Inca and Nazca valleys, located some 200 miles south of the capital Lima. This elongated plain, known as the Pampas de Jumana, is nearly 40 miles long, and is criss-crossed by long, man-made lines...
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