LatAm Improves Greatly in Travel and Tourism Competitiveness

Latin America is the second most improved region for travel and tourism globally, according to the Travel and Tourism Competitiveness Report 2017 by the World Economic Forum.

“Emerging markets, including those in Latin America, continue to close the gap with advanced economies,”  states the report.

International arrivals in the region increased from 170 million in 2013 to 201 million in 2015.

Mexico maintains its top spot at number 22 in the global ranking, followed by Brazil (27), Panama (35), Costa Rica (38), Chile(48), Argentina (50), Peru (51), Ecuador (57), Barbados (58), and Colombia (62).

Others countries in Central America ranked lower than in previous years: Guatemala dropped 6 spots and El Salvador 14, mostly due to security and infrastructure problems. Honduras is in position 90, Nicaragua 92 and El Salvador 105.