South America Tourism Market Projections Signal a 4% CAGR Boost to US$ 473.68 Billion by 2032 | FMI

With a predicted compound annual growth rate (CAGR) of 4%, the South America tourism market, appreciated at US$ 320 billion in 2022, is likely to surpass US$ 473.68 billion in valuation by 2032. Architectural masterpieces along with cultural diversity and many more factors are expected to increase the demand for South America tourism. Tourism is one …