Latin America

Consumer health is being shaped by rising prices, which is stimulating a change in consumer priorities in El Salvador in 2024. Lower cost options, especially in analgesics and digestive remedies, are benefiting, while preventive health categories,…

Sales growth of consumer health in El Salvador in 2024 was positive across most categories, especially paediatric consumer health, while weight management and wellbeing was one exception. Demand for OTC remains highly seasonal, while climate change…

In 2023, Argentina's dominant household type was couples with children, reflecting traditional family lifestyles. However, a shift towards smaller families and single-child households was observed, influenced by urbanisation and improved access to…

Travel in Peru has continued its significant growth in 2024. While the arrival of foreign tourists has increased markedly compared to the previous year, pre-pandemic levels have not yet been fully restored. This growth in foreign visitors can be…

Travel in Ecuador continues to recover from the harsh impact of the pandemic although inbound arrivals remain below 2019 levels. The Ecuadorian travel industry faces significant challenges from the high level of insecurity in the country. At the…

In 2024, Peru witnesses a significant growth in foreign tourist arrivals, successfully overcoming the low performance of 2023, which had been heavily impacted by internal challenges. Despite this positive trend, the number of international visitors…

Tourism flows in Ecuador continue to recover from the pandemic in 2024. However, Ecuador has faced new security challenges in recent years due to insecurity and higher crime rates in the country. Security concerns have hampered domestic tourism to…

Lodging in Peru faced a challenging year in 2023, primarily due to social protests in the southern regions and floods in the northern areas during the first half of the year. These disruptions significantly hampered tourism, leading to a notable…

In 2024, there has been a significant decrease in hotel occupancy rates in Ecuador, reflecting the deep crisis in the lodging (destination) sector in Ecuador. Hotels have suffered from the rising levels of insecurity in the country, which has…

In recent years, booking services in Peru have shown significant growth, effectively recovering to pre-pandemic levels. This recovery has been primarily driven by the online sales channel, which has seen dynamic activity. Online intermediaries have…

Online bookings continue to gain share in Ecuador, especially with the ascendancy of Generation Z consumers, who are entering the workforce with augmented purchasing power. As this tech-savvy generation asserts its influence in the travel domain, the…

The number of tourists transported by airlines in Peru has seen significant growth in recent years, reaching pre-pandemic levels in 2023 and continuing to expand in 2024. This expansion is largely attributed to the outstanding performance of low-cost…

Diplomatic tensions between Ecuador and Mexico have led to the suspension of airline routes between the two countries in the latter half of 2024. In July, Aeroméxico paused all its flights in Ecuador until December due to a decline in tourism between…

Connected and autonomous vehicles are becoming more widespread, reflecting the automotive industry's digital and technological shift. This report sizes the autonomous vehicle market, specifying the countries and brands embracing driverless…

By the end of 2023, Mexico led Latin America in tourism's contribution to national GDP, accounting for 28.5% of the total, according to the World Travel and Tourism Council. This positioned Mexico as a leading tourist power and highlighted its…

Colombia is an established player in the global travel industry, having become a premier tourist destination. In 2023, it achieved the sixth position worldwide for international tourist arrivals, being the second most visited country in Latin…

Travel and tourism in Chile is experiencing a remarkable resurgence post-pandemic. This revitalisation is attributed to a resurgence in leisure and business travel, fuelled by strategic initiatives such as the "Meet in Chile" programme, which has…

Travel in Brazil in 2024 has been marked by growth and the resilience of the industry, reflecting the country’s more positive economic outlook compared with previous years. The unemployment rate is decreasing, inflation is more controlled, and the…

Tourism in Argentina can vary greatly from year to year based on the value of the peso against the dollar. When the exchange rate is very low, Argentina becomes a very affordable destination for international tourism, a situation primarily taken…

The number of inbound arrivals to Mexico continued to improve in 2023, with the country remaining sixth in the World Tourism Organization (UN Tourism)’s ranking of foreign traveller arrivals, as the speed of recovery to peak levels accelerated,…