Tourism
Bogota is an attractive destination for investors seeking opportunities in the hotel industry. In recent years, the city has positioned itself as an important regional center for business and tourism.
Why Locate in Bogota?
- Because the number of foreign visitors to Colombia has increased at an annual average rate of 14%
- Because Bogota is the final destination for 51% of these visitors in 2009
- Because hotel occupancy has exceeded 67% during the last five years, indicating a lack of capacity
- Because Colombia offers attractive incentives for hotel investments, including a 30 year income tax holiday for hotels construction or remodeling in Bogota
Characteristics of the Sector in Colombia and Bogota
- The number of foreign visitors arriving by air to Colombia increased from 540,000 in 2002 to 1,3 million in 2009, growing by a 14% CAGR
- Bogota was the final destination of 51% of all foreign visitors that arrived in Colombia in 2009
Number of Foreign Visitors Arrived by Air (2002 – 2009)
Source: Ministry of Commerce, Industry and Tourism, based on DAS statistics
Travel Motive (2009)
Source: DANE
- Near to 60% of visitors to Bogota arrived for business
- Hotel occupancy in Bogota has increased, reaching an average of 66% during the past five years
Recent Investors
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 | - The Grupo Roble (El Salvador) is building two Marriotts in Bogota: a 264 room JW Marriott in the financial district and a 239 room Marriott in Ciudad Salitre near the airport
http://www.gruporoble.com
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Invest in Bogota has extensive knowledge of this sector. The following document provides additional information.
Bogota Tourism Industry - Invest in Bogota.pdf (61,4 Kb)
If you require greater detail, please contact any of the agency Investment Officials in charge.
Related Links:
http://www.colombia.travel/en/
http://www.bogotaturismo.gov.co
http://www.cotelco.org
http://www.anato.org
http://www.esbogota.com/
Updated (mm/dd/yyyy): 03.24.2010
