The expected signing of a formal peace agreement between the government and the country’s main rebel group, the Revolutionary Armed Forces of Colombia (Fuerzas Armadas Revolucionarias de Colombia, FARC), promises to be a key event for the Colombian tourism industry in 2016.
Medical tourism has been rising in importance in Colombia in recent years. It has been estimated that foreigners visiting the country for medical reasons spent a total of $216m in 2014, up 61% on $134m the year before. One of the incentives for inward health tourism is the relatively low cost of medical procedures, which are nevertheless...
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.
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...
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...
The Mexican hotel industry has been in recovery mode since 2009, after feeling the effects of the economic downturn from the 2008 financial crisis and the breakout of the H1N1 virus in 2009. According to consultancy firm Jones Lang LaSalle (JLL), the industry posted average annual growth of 4.7% on occupancy rates and average daily rates in...
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