Despite continuing external headwinds, in particular the significant drop in the price of oil since mid-2014, the Colombian economy remained resilient in 2015, expanding by 3.1%.
Despite continuing external headwinds, in particular the significant drop in the price of oil since mid-2014, the Colombian economy remained resilient in 2015, expanding by 3.1%.
In recent years, Peru has established itself as one of the world’s most interesting and unique tourism destinations. Much of the sector’s growth has rested on the Incan ruins of Machu Picchu, a globally recognisable historical site. But to accelerate expansion over the coming years, tourism authorities and the private sector are simultaneously...
It has attracted generations of travellers from around the world, becoming the quintessential image of Peru. The Machu Picchu ruins, high in the Andes mountain range, remain the country’s most important tourism asset. The government is implementing a plan to revamp the site in order to manage the continued growth in visitor numbers.
To what extent can common tourism packages between Pacific Alliance countries increase the number of foreign visitors in member states?
In recent years, Peru has established itself as one of the world’s most unique tourism destinations, with much of the sector’s growth resting on the Incan ruins of Machu Picchu. According to the Ministry of Foreign Trade and Tourism, international arrivals increased from a total of 993,706 in the period between January and September 2004 to 2.6m during the same nine-month period in 2015....
Two straight years of record growth in Mexico’s tourism sector have solidified its importance as a motor for economic growth. According to the Ministry of Tourism (Secretaría de Turismo, SECTUR), tourism contributes over 8.7% to Mexico’s GDP and employs 3.6m people directly, 57% of them women. It is also the fourth most important source of...
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