Latin America: Travel & Tourism sectors to drive growth across the region

Date: 31 January 2024

While we forecast economic growth in Latin America to be slightly weaker in 2024 than in 2023, the region will still outperform most advanced economies. Leading this growth will be the Travel & Tourism sectors as consumers in major markets continue to prioritise leisure travel spending. Caribbean and Central American destinations have been among the top performers, benefitting from resurgent US demand and the strength of the US Dollar, including the remarkable return and expansion of cruise activity. In this webinar we will look at economic activity, including key demand drivers and the prospects for more widespread travel recovery as well as major risk factors.

Jessie Smith

Economist, Tourism Economics

+44 1865 268 900

Jessie Smith

Economist, Tourism Economics

Oxford, United Kingdom

Jessie is an Economist within the Tourism team, publishing research and analysis on tourism and travel trends, with a particular focus on the Americas region. Jessie has also been involved in consultancy projects for a range of clients including Airbnb, Booking.com, and the World Travel and Tourism Council.

Jessie joined Oxford Economics after graduating with a first-class honours degree in Economics from the University of Exeter along with industry experience. After completing her placement year at the Department for Work and Pensions, specialising in Universal Credit strategy around children, Jessie also rebranded the Government economics schools outreach programme, improving the diversity of students studying economics in further education. 

Joan Domene

Chief Latin America Economist

+52 55 7100 1824

Joan Domene

Chief Latin America Economist

Mexico City, Mexico

Joan Domene is the Chief Economist for Latin America and is responsible for developing Oxford Economics’ view on the region. Joan is responsible for producing macroeconomic forecasts for Mexico. He manages a team of economists who produce regional and country-specific research on over 30 countries. Joan’s work also involves presenting the outlook to clients and liaising with the media. Joan joined Oxford Economics in 2019 as Senior Economist after 5 years at a Mexican private bank.

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