Travel and tourism strengthen as an engine of socioeconomic growth in Latin America and the Caribbean
Source: ALTA Leisure trips and search for experiences rebound The Latin American and Caribbean Air Transport Association (ALTA) reports that Latin America and the Caribbean (LAC) has shown a significant recovery in international tourist arrivals to countries in the region following the pandemic. In 2022, 91.9 million international tourists visited LAC, representing 78% of 2019 levels. As for this year, from January to July, a total of 65 million tourists were recorded, 8% below 2019. The subregion with the strongest recovery (Jan-Jul 23) was Central America, exceeding pre-pandemic levels by 2%. The Caribbean was 5% below and South America 13% below. Colombia, Dominican Republic and Aruba show the best performance The countries experiencing the strongest recovery vs. 2019 are Colombia, [...]