Thanks to its unique historic and cultural offering, including one of the world’s most exciting cuisines, Peru is the fastest-growing tourism destination in the region. International tourism inflows rose by 7.7% in 2016, according to the “Economic Impact 2017 Peru” report by the World Tourism and Travel Council (WTTC), posting faster growth than anywhere else in the Americas, and above the...
Tourism
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Over the last two decades Peru has been one of the fastest-growing economies in the region. Remarkably resilient to global headwinds, positive GDP growth has continued despite the end of the commodities boom. Yet the growth rate has slowed and the initial impetus of a first wave of structural reforms has faded. The question now is whether the current administration can address problems, implement further reforms and re-accelerate the economy.
Chapter | Tourism & Culture from The Report: Abu Dhabi 2017
These are dynamic times for the emirate’s tourism and culture sectors, as Abu Dhabi’s traditional portfolio of business travel and luxury vacations widens to include a whole new range of offerings. Sports, arts and entertainment are all now arriving centre stage for the emirate, as Abu Dhabi also makes its mark on the international cruise industry, while boosting its hotel collection and...
While reduced oil prices are undoubtedly a concern for the emirate’s authorities, economic diversification efforts of recent years mean Abu Dhabi is well placed to weather a prolonged period of subdued prices. Vision 2030 meanwhile contains a raft of goals that will further reduce the emirate’s reliance on hydrocarbons, and continue to foster the emergence of a more sustainable and knowledge-based economy in the years ahead.
With sustained double-digit growth in visitor arrivals and burgeoning foreign exchange receipts, tourism is one of the most dynamic and robust sectors of the Sri Lankan economy. The country’s growing reputation is drawing visitors from an increasingly diverse range of markets to its pristine beaches, historical landmarks and adventure-packed outdoors. Building on this success, the government...
Positioned between west and east Asia, Sri Lanka sits on a major maritime route between Europe and the Far East and its natural resources have made it a trading centre for millennia.