Most visitors come from Germany, but arrivals from China are on the upswing. In 2018, companies spent almost...
Hotel demand in China is expected to grow 4.4% a year through 2020. Companies spend nearly US$327 billion (2.2...
As international arrivals increase in Colombia, hoteliers expand to serve more business travelers.
Business travel is expected to grow about 3% annually through 2020.
Business travel spending is projected to grow 10% a year through 2022.
Economists expect corporate travel spending to keep growing in the region.
Hotel demand is on the rise, but overall business travel spending is slowing.