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...
The Americas Tourism
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Articles & Analysis | Hotel investment on the rise to meet growing demand 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.
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...
Interviews & Viewpoints | José Gallardo Ku, Minister of Transport and Communications: Interview from The Report: Peru 2015
The inauguration of the Port of Paita illustrates a strategy to decentralise operations from El Callao. What other moves have potential in this respect?
Articles & Analysis | Port infrastructure is getting a boost from new investment from The Report: Peru 2015
Capitalising on their strategic position on South America’s Pacific coast, Peruvian ports have consistently played an important role in the country’s economy. Essential to connect mining exports with international markets, ports have seen their participation in international commerce expand as economic growth has raised the level of exchanges...
Articles & Analysis | Regulations to support distribution network efficiency from The Report: Peru 2015
As Peruvian authorities continue to direct funds towards infrastructure modernisation, transport sector operators look for better roads, ports and airports to help improve logistics operations. Years of economic growth have led to new domestic and international opportunities for Peruvian firms. However, strained distribution networks,...