Section header
Travel & Tourism sector impact
LATIN AMERICA & CARIBBEAN (LAC) 2035 OUTLOOK $944.8bn economic contribution of tourism to region 35.4mn jobs
Aviation 2025 FORECAST North America 9.8bn air passenger traffic +0.2% v. 2024 LAC 789mn air passenger traffic +4.1% v. 2024
Cruise 20.53mn cruise passengers from North America in 2024 +9.3% v 2023 1.17mn cruise passengers from South America in 2024 +7.8% v 2023 Investment in Transport $135bn California high-speed railway $42.9bn Los Angeles Metro 28 by ’28 initiatives $19bn JFK Airport expansion, NYC TOURISM SUCCESS STORIES Record economic impact predictions Canada $183bn economic contribution in 2025 $233.5bn economic contribution by 2035 Peru $23bn economic contribution in 2025 $34.3bn economic contribution by 2035 Costa Rica top wellness destination Cartagena favoured by international food fanatics Argentina a hotspot for adventure seekers
SOURCES: UN TOURISM, WTTC, OXFORD ECONOMICS, IATA, US TRAVEL ASSOCIATION, CLIA, MASTERCARD ECONOMICS INSTITUTE, BLACKRIDGE RESEARCH & CONSULTING
| 159
Made with FlippingBook Annual report maker