South America Destination Tourism Insight Report Including International Arrivals, Domestic Trips, Key Source/Origin Markets, Trends, Tourist Profiles, Spend Analysis, Key Infrastructure Projects and Attractions, Risks and Future Opportunities, 2023 Updat

South America Destination Tourism Insight Report Including International Arrivals, Domestic Trips, Key Source/Origin Markets, Trends, Tourist Profiles, Spend Analysis, Key Infrastructure Projects and Attractions, Risks and Future Opportunities, 2023 Update
Summary

Analysis of destination markets, infrastructure and attractions, main and emerging source markets, as well as risks and opportunities in South America. This report explores the types of travelers that visit the region as well as a SWOT analysis.

Key Highlights

According to GlobalData’s Q1 2023 consumer survey, when asked about “Your personal financial situation” globally xx% of respondents said they were extremely concerned, xx% said quite concerned, xx% were slightly concerned and xx% respondents said they were not concerned about the personal financial situation.

Many South American countries are highly dependent on neighbouring regional countries to support their tourism economies. In xx, arrivals from other South American countries accounted for xx% of international arrivals to the South America region, as inbound flows increased to xx million in xx.

In xxxx, Argentina accounted for xx% of intra-regional arrivals, representing xx million international arrivals. It is decreased to xx million in xxxx and xx million in 2021 due to pandemic. In xxxx, Argentina contribution to South American countries stood at xx million less than pre-pandemic levels.

Leisure continues to be the most popular purpose of visit in inbound tourism. In xxxx, the leisure segment accounted for xx% (xx million trips) of total inbound trips and it is expected they will reach pre-pandemic levels by xxxx (xxxx million trips) compared to xxxx (xx million trips).

ScopeThis report is part of GlobalData's Destination Market Insights Series. These reports provide an in-depth analysis of a tourist destination and its key source markets, as well as an assessment of the trends and issues in the covered destination market, in this case South America.Reasons to BuyObtain a clear and detailed insight into new developments in two popular tourist destinations.Use data and analysis to explore trends related to international arrivals and spending, tourism segments as well as construction, foreign direct investments (FDI), airlines and hotel developments.Gain a better understanding of the opportunities in the market, as well as the risks, to support better business decisions.