PERU: TOURISM LIKELY TO HIT US$10 BILLION BY 2021

16 Jul 2013 07:54

LIMA, July 16 (BERNAMA-NNN-ANDINA) -- Peru's tourism sector is expected to generate US$10 billion in revenue in 2021 through an aggressive promotion strategy to increase tourist arrivals to 10 million, National Chamber of Tourism (Canatur) said Monday.

The Inter-American Development Bank (IDB) said last week that tourism is likely to be the second source of revenue for Peru in 2021 as it generates US$3.3 billion in revenue.

The revenue, which accounts for eight per cent of the gross domestic product, is expected to represent 10 per cent in 2021, the IDB said.

Canatur's head, Carlos Canales, said that Peru should see tourism as an economic activity by increasing promotion and diversifying the tourist supply.

He added that Peru is able to surpass the goal, set by Peru's Ministry of Foreign Trade and Tourism (Mincetur), to double the number of foreign tourists to 5.1 million annually and generate over US$6.8 billion in revenue.

--BERNAMA-NNN-ANDINA

SS RT