Opportunities for investment

Hotel and tourism infrastructure

The number of international visitors to Colombia rose from 600,000 in 2000 to 1.6 million in 2012.
Colombia offers close to 800 international flights connecting to over 20 destinations worldwide.
Colombia offers tax benefits such as income tax exemption for a period of 30 years in hotel infrastructure, income tax exemption for a period of 20 years in tourism infrastructure, and tax credit for job creation.
Big international hotel chains are established in Colombia, such as Accor, Hilton, IHG, Wyndham, Meliá and Starwood.

With the entry into force of different Free Trade Agreements, an increase in business travellers visiting Colombia is expected and therefore an increase in hotel demand for this segment.
Limited and full service hotels in the principal and secondary cities. Sun and Beach Resorts. Spas and seawater therapy, hot-water spring therapy and wellness centres. Ecolodges for ecotourism.
In 2011 the average daily rate in Colombia saw a 5% increase to US$ 114. There was an average room occupancy rate of 54% and a revenue per available room of US$ 63, up 4% over 2010. Euromonitor International, 2012.
Between 2000 and 2011 Colombia moved up 18 places (from 50 to 32) in the ICCA (International Congress and Convention Association) ranking of international events.

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Striking macroeconomic performance