Skip to main content
Menu: Transversal
  • Exports
    • Colombia Trade
    • Export Route
    • Opportunities in Real Time
    • Exportable Offer Catalogue
    • Colombia Exports Services
  • Investment
    • Invest in Colombia
    • Opportunities Map
    • Legal Guide
    • Legal Directory
  • Tourism
    • Vacations
    • Meetings
    • Entrepreneurs
    • Feel the rhythm
  • Colombia country brand
    • Colombia.co
    • News
    • Visit Colombia
    • Colombia Country Brand
letter
Header
  • Exports
    • Colombia Trade
    • Export Route
    • Opportunities in Real Time
    • Exportable Offer Catalogue
    • Colombia Exports Services
  • Investment
    • Invest in Colombia
    • Opportunities Map
    • Mapa de oportunidades
    • Legal Guide
    • Guía legal
    • Legal Directory
  • Tourism
    • Vacations
    • Meetings
    • Entrepreneurs
    • Feel the rhythm
  • Colombia country brand
    • Colombia.co
    • News
    • Actualiadad
    • Visit Colombia
    • Visita Colombia
    • Colombia Country Brand
    • Marca Colombia

Invest in Colombia

Invest in Colombia
Main navigation
  • Home
  • Why Colombia?
  • Investment Sectors
    • Agricultural products & Food production
      • Processed foods
      • Cocoa, by-products and chocolate
      • Fruits and vegetables
      • Palm industry
      • Livestock
      • Commercial plantation forests
    • Energy
      • Conventional energy
      • Renewable energy
    • Private equity and venture capital
      • Private equity funds
      • Venture capital
    • Infrastructure
      • Energy, transmission and telecommunications network
      • Social and sanitary infrastructure
      • Transport infrastructure
    • Hospitality and tourism infrastructure
      • Hospitality and tourism infrastructure
    • Real Estate
      • Real Estate
    • Manufacturing industries
      • Aeronautic
      • Automotive
      • Cosmetic and personal care
      • Packaging
      • Fashion industry
      • Petrochemical industry
      • Construction materials
    • Healthcare services and life sciences
      • Medicinal and cosmetic cannabis
      • Pharmaceutical sector
      • Healthcare services
      • Clinical Trials Industry in Colombia
    • Information technology and creative industries
      • Audio-visual and entertainment
      • Data Centers
      • Shared Services Centers
      • Outsourcing of Services BPO
      • Software and IT Services
  • How to Invest
    • Investment incentives
      • Legal and tax incentives
      • Free Trade Zones
    • Taxes in Colombia
    • How to establish your company at Colombia
      • Hiring a workforce in Colombia
      • How to buy real state
      • How to incorporate your company
      • Visas and migratory regulation
    • How to import
  • Articles and Assets
    • Articles
    • Documents and white papers
    • Top investment opportunities
      • Investor
      • Colombian companies
  • EN
  • ES
lsearch
Sign in
  • Sign in
  • Create account
Choose your profile

Welcome, please choose the profile that best suits your business to login or register.

Colombian Companies Investor
  • EN
  • ES
Navegación principal
  • Home
  • Why Colombia?
  • Investment Sectors
    • Agricultural products & Food production
      • Processed foods
      • Cocoa, by-products and chocolate
      • Fruits and vegetables
      • Palm industry
      • Livestock
      • Commercial plantation forests
    • Energy
      • Conventional energy
      • Renewable energy
    • Private equity and venture capital
      • Private equity funds
      • Venture capital
    • Infrastructure
      • Energy, transmission and telecommunications network
      • Social and sanitary infrastructure
      • Transport infrastructure
    • Hospitality and tourism infrastructure
      • Hospitality and tourism infrastructure
    • Real Estate
      • Real Estate
    • Manufacturing industries
      • Aeronautic
      • Automotive
      • Cosmetic and personal care
      • Packaging
      • Fashion industry
      • Petrochemical industry
      • Construction materials
    • Healthcare services and life sciences
      • Medicinal and cosmetic cannabis
      • Pharmaceutical sector
      • Healthcare services
      • Clinical Trials Industry in Colombia
    • Information technology and creative industries
      • Audio-visual and entertainment
      • Data Centers
      • Shared Services Centers
      • Outsourcing of Services BPO
      • Software and IT Services
  • How to Invest
    • Investment incentives
      • Legal and tax incentives
      • Free Trade Zones
    • Taxes in Colombia
    • How to establish your company at Colombia
      • Hiring a workforce in Colombia
      • How to buy real state
      • How to incorporate your company
      • Visas and migratory regulation
    • How to import
  • Articles and Assets
    • Articles
    • Documents and white papers
    • Top investment opportunities
      • Investor
      • Colombian companies
Síganos:
Invest
now!
Tourism, a driver for growth and investment attraction
Santa Marta, Colombia
Breadcrumb
  1. Home
  2. Artículos y Herramientas
  3. Artículos
  4. Tourism, a driver for growth and investment attraction

Tourism, a driver for growth and investment attraction

Hospitality and tourism infrastructure
Newsletter
Share
  • Twitter
  • Facebook
  • Linked in
07 of October of 2020

The hotel sector in Colombia has registered one of the highest growth rates in the country. In fact, in 2019, record figures were reached, with more than 4.5 million non-resident visitors to Colombia, which represented an increase of 3% compared to the total for 2018. 

The positive impact of this exponential growth trend was reflected in the hotel occupancy rate for 2019, which according to the National Department of Statistics was 57.8%, while real hotel revenues increased 10.6% compared to the previous year. 

In addition, according to ProColombia, between 2011 and 2019, 64 new Foreign Direct Investment projects were developed in this sector, which generated around 15,000 jobs and a capital close to US $2.4 billion, with a rate compound annual growth of 5.8%. 

According to Fitch Solutions´ reports, around 50% of these projects have focused on the establishment of luxury and upscale hotels, with several five-star hotels and tourist complexes that have been developed by major chains. During the last nine years, Colombia has increased its offer in this segment by 51%, with 136 luxury hotels registered in 2019.

Moreover, Colombia ranks third among Latin American countries with the highest number of mergers and acquisitions in the hotel industry, with records close to US $700 million, only surpassed by Mexico and Brazil.

Articles related

13 of January of 2023
Cosmetics and personal care
Cosmetics Industry.

Colombian cosmetics industry and their commitment to sustainability

13 of December of 2022
Opportunities
Modernizing the production plants in Colombia.

Foreign companies invest in modernizing and expanding their production plants in Colombia

24 of November of 2022
Information technology and creative industries
Sustainability projects in Colombia.

Alternative projects and initiatives around sustainability in Colombia

21 of November of 2022
Real Estate
Investing in commercial real estate in Colombia.

Commercial real estate in Colombia: A strong investment alternative

21 of November of 2022
Investment incentives
Companies that trust in Colombia.

Companies and investors that trust in Colombia

Pre Footer
  • About Procolombia
  • Ministries and Embassies
  • Regional Information
  • Documents and White papers
Procolombia
Colombia Co
Procolombia
Colombia Co
  • Calle 28 No 13A - 15 Floor 35-36 Bogotá - Colombia
  • PBX: +57 601 5600100 - Fax: +51 601 5600104
  • Monday through Friday 8:30 a.m. - 5:30 p.m.
Footer
  • Citizen Services
  • Complaints
  • Contact Us
  • Work with us
  • Sustainability Report
Síganos:
Footer Final
  • About this site
  • Terms of use
  • Personal Data Protection
Síguenos:
X
  • Create new account
  • Request new password