Latin America will exceed pre-pandemic ranges by way of worldwide vacationer numbers, based on a projection by the World Journey and Tourism Council (WTTC).

Throughout the first half of 2024, this area is anticipated to obtain 12 p.c extra international guests than in 2019, VisaGuide.World reviews.

Throughout FITUR, an necessary Journey and Tourism occasion in Madrid, WTTC, in collaboration with ForwardKeys, unveiled its latest knowledge relating to worldwide bookings and arrivals, with fairly constructive expectations for the market in Latin America.

Amongst different findings, the evaluation exhibits that throughout the first half of this yr, a number of locations in Latin America are anticipated to see an increase in arrivals in comparison with 2019. These locations embrace:

• El Salvador (157 p.c)
• Nicaragua (142 p.c)
• Guatemala (52 p.c)
• Honduras (49 p.c)
• Costa Rica (35 p.c)
• Mexico (31 p.c)
• Colombia (23 p.c)

WTTC additional famous that airways have elevated passenger capability as a result of enhance in demand. The variety of seats for the primary half of 2024 surpasses 2019 ranges, reaching 62.3 million.

Relating to this, passenger visitors on the Cancún Airport is anticipated to extend by 45 p.c in comparison with 2019, reaching 6.8 million passengers throughout the first six months of 2024. In the meantime, Panama and Mexico Metropolis airports are anticipated to welcome 5.5 million and 5.2 million passengers, respectively.

WTTC’s examine additionally unveiled that the US, Canada, Mexico, Spain, and Germany are among the many most necessary supply markets for Latin America.

WTTC’s President and CEO, Julia Simpson, amongst others, stated that collaborative efforts of private and non-private sectors in Latin America contributed to tourism progress.

She additional famous that the area would see a 12 p.c enhance in worldwide customer arrivals.

This underlines the important thing position that Latin America performs within the world tourism scene, marking a milestone in its progress and reaffirming its attractiveness for worldwide vacationers.

As per WTTC’s evaluation, 70 p.c of vacationers to Latin America may have medium stays (lasting from 4 to 13 nights), 23 p.c may have lengthy stays, and 7 p.c may have brief stays.

In response to Olivier Ponti, VP of Insights at ForwardKeys, these locations have been in a position to forecast and perceive journey developments, which helped them entice vacationers and lengthen their stays.

This data-driven strategy not solely drives tourism progress but in addition creates vital alternatives for customer spending within the area.

Occupancy charges in Latin America, together with Mexico and the Caribbean, have elevated from 58.7 p.c in 2022 to 61.2 p.c in 2023, as per CoStar knowledge. In the meantime, in comparison with 2019, the pre-pandemic yr, the occupancy charge rose by 2.3 p.c.