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Bogota’s tourism GDP accounts for 2.5 percent of the city’s economy, a total of USD1.8 billion, as revealed by a new report by the World Travel & Tourism Council (WTTC), Latin American City Travel & Tourism Impact.

Bogota’s tourism economy represents 29.1 percent of Colombia’s tourism activity.

International spend accounts for 41 percent of the region’s tourism revenue, highlighting the importance of international visitors for the city with most trips being for leisure rather than business purposes.

The top international markets are the US at 27 percent, Mexico with 10 percent, Spain and Brazzil contributing five percent, and Argentina four percent. Domestic demand is still responsible for 59 percent of tourism revenue, and spending from Colombian arrivals is forecast to double by 2026.