Brazil has positioned itself as the leading source market for business tourism in Central and South America, accounting for more than 60 percent of the region's total business travel spending in 2019. Due to the coronavirus (COVID-19) pandemic, this share dropped to a little over 50 percent in 2020 and is expected to remain around that figure in 2024.
Share of expenditure of business tourists from Central and South America in 2019 and 2020, with a forecast for 2024, by country
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GBTA. (January 15, 2021). Share of expenditure of business tourists from Central and South America in 2019 and 2020, with a forecast for 2024, by country [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/555170/business-tourism-expenditure-centra-south-american-countries/
GBTA. "Share of expenditure of business tourists from Central and South America in 2019 and 2020, with a forecast for 2024, by country." Chart. January 15, 2021. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/555170/business-tourism-expenditure-centra-south-american-countries/
GBTA. (2021). Share of expenditure of business tourists from Central and South America in 2019 and 2020, with a forecast for 2024, by country. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/555170/business-tourism-expenditure-centra-south-american-countries/
GBTA. "Share of Expenditure of Business Tourists from Central and South America in 2019 and 2020, with a Forecast for 2024, by Country." Statista, Statista Inc., 15 Jan 2021, https://www.statista.com/statistics/555170/business-tourism-expenditure-centra-south-american-countries/
GBTA, Share of expenditure of business tourists from Central and South America in 2019 and 2020, with a forecast for 2024, by country Statista, https://www.statista.com/statistics/555170/business-tourism-expenditure-centra-south-american-countries/ (last visited December 22, 2024)
Share of expenditure of business tourists from Central and South America in 2019 and 2020, with a forecast for 2024, by country [Graph], GBTA, January 15, 2021. [Online]. Available: https://www.statista.com/statistics/555170/business-tourism-expenditure-centra-south-american-countries/