How has recent performance shaped future plans for the hospitality industry?
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Interviews & Viewpoints | Eduardo Ibarra, Hotels Business Unit General Manager, Grupo Los Portales: Interview from The Report: Peru 2019
Articles & Analysis | Room to manoeuvre: The hospitality sector is expanding and evolving to support growing numbers of international travellers from The Report: Peru 2019
Aided by easier and cheaper travel, global tourism has experienced two decades of almost uninterrupted growth. According to the World Bank, the number of international departures more than doubled between 1997 and 2017, from 687m to 1.6bn per annum. With the global middle class estimated by the US-based think tank Brookings Institution to be...
Articles & Analysis | Tourism growth driven by hotel investment and new air routes in Peru from The Report: Peru 2019
Famous for the Machu Picchu archaeological site and its rich gastronomic history, Peru is one of the fast-growing tourist destinations on the planet. Having won the “World’s Leading Culinary Destination” title for the seventh consecutive year at the World Travel Awards in December 2018, the country was also named the “World’s Leading Cultural...
Articles & Analysis | Peru looks to diversify travel offerings with adventure tourism and new destinations in the north from The Report: Peru 2019
As visitor numbers at Machu Picchu reach saturation, Peru is working to attract travellers with offerings beyond its most-popular site. Indeed, the goal of the Peru Travel Mart industry fair in May 2019 is to strengthen the country’s position as an adventure and nature tourism destination, while driving the development of segments such as...
While Peru’s rich and diverse cuisine continues to attract visitors, demonstrated by a range of quality eateries in Lima and the proliferation of Peruvian restaurants around the world, Machu Picchu remains the number-one attraction for visitors. Named the “World’s Leading Tourist Attraction” for 2018, the historical site is seeing faster-growing tourist rates than the country overall. Herein...
By enacting measures to preserve natural and heritage sites, Thailand is stepping up efforts to protect its visitor attractions and promote sustainable tourism, although the intervention is expected to affect sector earnings in the short term.