On the Rise: Hospitality in Latin America

Dr. Achim Schmitt | July 20, 2018

By Dr. Achim Schmitt The hospitality industry has shown great dynamism in Latin America over the past five years and that trend looks set to continue in 2018. While tourism growth in Central and South America can be partly explained by the region's diversity and natural resources, most of its progress stems from the continuous commitment of governments to promote the sector. So it did not come as a surprise that last year's Travel and Tourism Competitiveness Index, published by the World Economic Forum, listed six Latin American countries among the top 50 most competitive globally. While Mexico has traditionally been the strongest touri...