Central and South America's Travel & Tourism sector is set to outpace global growth in 2026, according to the World Travel & Tourism Council (WTTC). The sector's GDP is projected to grow by 4.1%, exceeding the global average of 3.2%, driven by robust domestic demand and increased international visitor spending.

The WTTC's Economic Impact Research forecasts a 7.8% rise in international visitor spending across the region, more than double the global growth rate of 3.7%. This growth is attributed to the region's lower exposure to geopolitical disruptions affecting other areas, such as conflicts in the Middle East.

Ecuador, Bolivia, Guatemala, and Panama are highlighted as standout markets, with Ecuador's Travel & Tourism GDP expected to grow by 11.6% and Bolivia by 10.3%, supported by a 25.8% surge in international visitor spending. Meanwhile, Brazil, one of the region's largest markets, is forecast to see a 2.1% increase in Travel & Tourism GDP.

Venezuela is predicted to experience significant growth, with a 33.2% rise in Travel & Tourism GDP and a 34.8% increase in international visitor spending. The WTTC emphasises the importance of investment in connectivity, infrastructure, and workforce development to sustain this growth.

Gloria Guevara, President & CEO of WTTC, stated, “Central and South America continues to emerge as one of the world’s most dynamic Travel & Tourism regions.” The sector is expected to support 18.5 million jobs in 2026, representing 8.3% of all jobs in the region

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