Challenges Facing Tourism Markets in Latin America and the Caribbean Region in the New Millennium

Abstract

Latin American and Caribbean (LAC) region outbound tourism will remain highly sensitive to current and future income and employment growth. As such, LAC outbound travel volumes and spending patterns will be adversely affected by the region’s worsening macroeconomic conditions and gloomy employment outlook. Weaker regional income and job growth will lead to lower consumer buying power and lower demand for such discretionary spending as travel. In addition, weaker LAC currencies will further discourage outbound travel flows, especially long-haul pleasure travel, in favor of cheaper and closer tourist destinations. The outbound flow of LAC travelers will most likely remain at a steady or possibly even at a slower pace instead of reaching rapid speeds in coming years. Competition to attract new LAC outbound tourists and encourage repeat travelers will get more difficult.

Tourism Competitiveness and the Role of Fractionalization

“…The research also confirms previous findings in Zhang and Jensen (), Kara et al . (), Garín‐Munoz and Amaral (), Kaufman and Wei (), Strizzi and Meis (), Giacomelli (), Ritchter (), and Gauci et al . () that suggest that countries with high levels of development, low levels corruption, and stable democracies tend to exhibit higher levels of tourism competitiveness.…”

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Exploring a developing tourism industry: a resource-based view approach

“…A review of the pertinent tourism development literature that identifies challenges and opportunities in various forms of tourism, and in different world regions (e.g., Boyd, 2002;Cerviño & Cubillo, 2005;Strizzi & Meis, 2001;Timothy & Nyaupane, 2009) provided the foundation for the design of RQ1 and RQ2. Essentially, these questions were concerned with areas related to the SWOT analysis.…”

Women Sustaining Community: The Politics of Agro‐Ecology in Quilombo Tourism in Southern Brazil

“…Tourism has become one of the fastest growing industries in Brazil in the last two decades (Strizzi and Meis, ; Trigo, ). One of the country's most alluring destinations is the town of Paraty, with 35,000 inhabitants, located 248 km from Rio de Janeiro and 267 km from São Paulo.…”