The slight recovery of the international economy, combined with the popularity of Peru as a tourist destination, increased inbound arrivals by 4% in 2017. The political and social stability of the country was also a factor which led inbound arrivals to increase, combined with the international coverage Peru is receiving as a top travel destination.
Over the forecast period inbound arrivals is set to record a CAGR of 4%. This is a good performance, which will be pushed by the recognition Peru has all over the world, the international awards Peru is winning as a destination and for gastronomy, encouraging more and more tourists to choose Peru as the place to visit for their next holiday. A potential threat to the growth of inbound arrivals would be an economic crisis, which might lead travellers to postpone or suspend their holidays to the country.
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Discover the latest market trends and uncover sources of future market growth for the Flows industry in Americas with research from Euromonitor's team of in-country analysts.
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This industry report originates from Passport, our Travel And Tourism market research database.