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Tourism In Ibero-America to Generate $260 Billion By 2034

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Projections indicate that tourism in the Ibero-America region will boost the regional economy by $260 billion over the next 10 years

This data suggests a growth of 2.3%, according to forecasts by the World Travel and Tourism Council (WTTC).

The industry is expected to create up to 8 million jobs during this period, and as a result, the total economic contribution of travel and tourism could reach $852 billion to the global GDP by 2034.

The WTTC report describes that Ibero-American tourism relies heavily on domestic travelers, who represent 82.8% of the total, while international travelers account for 17.2%.

For the year 2024, the sector is expected to grow by 3.4%, around $95.3 billion, compared to the 2023 data.

Leisure travel accounted for 89% of spending, while business travel represented 11%.

The report concludes that Ibero-America has managed to recover in tourism much better than the global average. (https://www.cndenglish.com/tourism/tourism-ibero-america-generate-260-billion-2034)

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blackanddecker
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INTERFER
AVA Resorts
Nestle
Los Portales
Realidad Turística
MuniGuate
Cubasol
Agexport
Servicios Médicos Cubanos
blackanddecker
Barceló Solymar
Herbalife
Instituto Hondureño de Turismo
INOR
Intecap
Cervecería Centroamericana S.A.
Centro Nacional de Cirugía de Mínimo Acceso de Cuba
Walmart
MAD-HAV Enjoy Travel Group
Grupo Hotelero Islazul
MITM Events