UNWTO presents guidelines for investment in Chilean tourism
13-12-23
In 2022, a new UNWTO study of Chile's status as a top destination for investors reveals, revenues from the country's tourism sector will grow by 52.9%. The latest edition of "Tourism Doing Business: Investment Guidelines" also makes clear the opportunities available to foreign investors and the challenges posed by both domestic considerations and global economic conditions.
Launched during the 2nd Chile Tourism Investment Forum, "Tourism Doing Business: Investing in Chile" highlights the country's main characteristics as a tourism destination and as an attractive place to invest in the sector. The guidelines indicate that:
Chile is characterized by its free market, its diversified and resilient economy, its openness and understanding of global trends, and its support mechanisms for the willingness to innovate in order to adapt to new trends.
Strong macroeconomic fundamentals have enabled Chile to remain resilient to changing global conditions and to gradually diversify its economy, particularly copper as a key sector.
In the tourism sector, the post-pandemic recovery shows a 52.9% growth in terms of sector revenues in 2022, compared to 2021. In addition, tourism accounts for 6.6% of total employment in the Chilean economy.