Tourism is one of the world’s largest industries. There are cities in the USA and countries like Mexico, Spain, Costa Rica, and many others in South America that have been even transformed by this great economic resource.
Among the Hispanics in the United States, the immigration phenomenon and the need to stay connected with their family have created a new vehicle and opportunity to expand Latin American tourism. Even though this industry is being threatened by international terrorism, which seriously affects communication and deployment, travel to their home country to visit relatives has not stopped. They also have a considerable interest to continue to learn about the Latin American culture and explore the countries where they came from.
In the U.S., Hispanic travel is growing at a faster rate than the general market. Its current economic impact is already estimated at more than $42 BILLION dollars annually based on the latest tourism report by Mandala Research. [Read more…]