Inbound arrivals saw a decline in 2019, for the first time in many years. This was mainly due to a reduction in arrivals by land.
Despite the decline in overall inbound arrivals in 2019, air and water arrivals continued to increase in Colombia. The air infrastructure improved in Colombia in recent years, even becoming a hub in South America for international air traffic.
Business arrivals saw strong double-digit growth in most years of the review period, thanks to an improving business climate and overall economic growth. Indeed the World Bank has said that Colombia leads the region of Latin America and the Caribbean in terms of efforts to improve the business environment, generate jobs, attract investments and become more competitive.
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Discover the latest market trends and uncover sources of future market growth for the Flows industry in Colombia 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.