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TI News: An information service from Office of Travel & Tourism Industries (OTTI)

August 03, 2009

Interested in the Latin America Market ?
Register for La Cumbre; September 9 11, 2009 !

Whether Latin America is a new venture for your organization or an established part of your portfolio, the La Cumbre Trade Show (September 9-11 in San Juan, Puerto Rico) is an event to consider for U.S. and foreign companies interested in developing business from Mexico, Central and South America and the Caribbean. In 2008 visitors from these markets to the United States grew by four percent, including Mexico. Since 2003, the overseas regions (which exclude Mexico) have grown by 43 percent. In 2008 U.S. outbound travel to the region totaled 31.3 million, an increase of five percent over 2007, and 18 percent since 2003.

The Latin travel market to the United States is forecast to grow to 19.9 million by 2013, a 9% increase over 2008. South America is forecasted to post the second fastest growth (+23%) among the world regions during this period. To learn more about this market, please be sure to attend the session in which the Office of Travel & Tourism Industries will present the latest data on the Latin markets to and from the United States.

La Cumbre is the premier travel industry event in The Americas. It gathers exhibitors from North America, South America, Central America, and the Caribbean in one place, with the core destination being the United States. The Leisure, Corporate and Incentive Markets are represented at this annual event,

More than 250 buyers and 200 supplier/exhibitor companies are expected at La Cumbre in addition to 65 members of the industry’s most important trade and consumer media, the market’s leading air carriers, and VISIT USA Committee leaders from throughout Latin America. ;Additional networking and business development opportunities are available during sponsored luncheons and social functions.

In its 20th year, the La Cumbre management team has introduced a Hosted Buyer Program, an important benefit for all the Pre-Qualified buyers that attend from the Americas and Europe. Ask the staff at Reed Exhibitions for more details.

Buyer Profiles

Wholesaler / Tour Operator

64%

Wholesaler / Retailer

13%

Meeting and / or Incentive Company

9%

Receptive Operator / DMC      

6%

Corporate  

4%

Event Management Company

3%

Marketing  

2%

To learn more about this major Latin travel conference, go to: http://www.lacumbre.com/en/, or call REED EXHIBITIONS LATIN AMERICA: Phone: +1 305 860 3232 Fax: +1 305 365 0783.

For statistics on these markets, visit the following Office of Travel and Tourism Industries links:

For the latest data on inbound travel to the USA go to: http://travel.trade.gov/outreachpages/inbound.general_information.inbound_overview.html

Specific profiles are available for: South America, Central America, Caribbean, Mexico (air only), Brazil, and Colombia.

For the latest U.S. outbound data, go to: http://travel.trade.gov/outreachpages/outbound.general_information.outbound_overview.html

U.S. Department of Commerce
International Trade Administration
Office of Travel and Tourism Industries
14th & Constitution Avenue NW, Room 1003
Washington, D.C. 20230
Phone:(202) 482-0140
Fax: (202) 482-2887
Email: otti@trade.gov