Macroeconomic factors show that Latin America is on a slow upswing out of the past decade's economic roller coaster. The total Latin American travel market grossed US$60.2 billion in 2015, and will climb 3-5% for the next five years. By 2020, it's projected to reach $73.3 billion. Together, Mexico and Brazil represent more than 70% of Latin America's total and online travel markets. The region's population is getting tech-savvier, leading to a positive effect on online bookings. Online travel penetration will grow an average of 10% in the coming years.
Phocuswright's Latin America Online Travel Overview Third Edition presents market sizing and projections for the online leisure and unmanaged business travel market from 2015-2020. The report features rich analysis of the Latin American travel market, with coverage of online versus offline bookings, bookings by travel segment, supplier-direct versus intermediary bookings and more.
- Total market and online leisure/unmanaged business travel bookings for 2015-2020
- An overview of each of the key markets: Mexico, Colombia, Brazil, Chile and Argentina
- Analysis of major travel product segments – air, hotel, rail and car rental
- Discussion of the OTA landscape, including key players, recent developments and the relative influence of local versus global OTAs
Purchase Phocuswright's Latin American Online Travel Overview Third Edition today to gain the information and insight you need to make informed decisions about the region’s dynamic travel market.
- Total Travel Market
- Online Growth
- Online Travel Agencies
- Overview by Market
- Tour Operators
- OTAs and Metasearch