Yahoo Finance The Best Place to Visit in South America That is Beautiful and Safe
We recently compiled a list of the 40 Best Places to Visit in South America That Are Beautiful and Safe and in this article, we will discuss the best place to visit in South America that is beautiful and safe.
Overview of International Tourism Across the Globe
According to a report by the United Nations World Travel Organization, 2023 ended with an estimated number of 1.3 billion international arrivals, which is around 88% of pre-pandemic levels. International travel is anticipated to make a complete recovery by the end of 2024, primarily due to increased air connectivity and an increase in the recovery of Asian markets. International tourism receipts touched $1.4 trillion in 2023, which is about 93% of pre-pandemic statistics of $1.5 trillion in 2019. Similarly, total tourism export revenues came up to around $1.6 trillion in 2023, standing at 95% of pre-pandemic levels of $1.7 trillion in 2019. The economic contribution of tourism all across the globe is on the rise. Considered in tourism direct gross domestic product (TDGDP), the contribution stood at approximately $3.3 trillion in 2023, which makes up 3% of the global GDP. A strong recovery of international and domestic tourism is the primary reason behind these statistics.
However, the recovery is not spread evenly across the globe. The highest recovery is in Africa, which has retained more than 96% of its pre-pandemic visitors. The Americas, on the other hand, have managed to reach 90%. In fact, four subregions across the world exceeded their pre-pandemic international arrival levels, including Central America, Southern Mediterranean Europe, the Caribbean, and North Africa. By 2024, international tourism is anticipated to completely recover to pre-pandemic levels, even going for a 2% increase in 2019 levels.
Tourism Sector in South America
Tourism in South America is showing signs of positive growth, primarily due to increasing access to the internet across the region and growing accessibility to travel platforms. According to a report by Mordor Intelligence, the market size of the Latin American travel and tourism market stands at $52.18 billion as of 2024, and is expected to increase to $67.91 billion by 2029. This translates to a growth of CAGR of 5.41% between 2024 and 2029. A report by the United Nations World Travel Organization corroborates the steady recovery of the Americas, with the region reaching 86% of its rate of international arrivals in 2019 by the end of Q1 of 2024. In addition, foreign direct investment (FDI) waned in the region due to the pandemic, but is also showing promising signs of recovery. An increase of 185% was observed in registered investment projects between 2021 and 2022, accounting for a total of $192.6 billion.
In addition, FDI increased to $134 billion in 2021 with a 56% year-on-year increase. The United Nations World Travel Organization and the Development Bank of Latin America (CAF) also joined hands in January 2023 to promote tourism-related investment in Latin America and the Caribbean. The partnership covers tourism investment guide development for five countries in the region, including Ecuador, Barbados, El Salvador, Uruguay, and Panama. New international players, including Norwegian Airlines (FRA:NWC), have cropped up in the region. According to estimates by the United Nations World Travel Organization, Latin America is set to receive around 78.2 million tourists by 2027. This will lead to the generation of $82 billion for the region’s local economy. You can also look at 15 Most Populated Cities in South America.
Key Players in the South American Travel Sector
Despegar.com, Corp. (NYSE:DESP) and Booking Holdings Inc. (NASDAQ:BKNG) are some of the most prominent travel services companies operating in South America. On June 4, Despegar.com, Corp. (NYSE:DESP) announced plans to form an exciting partnership with globally renowned artist Shakira as a part of its campaign Dream, Choose, Travel. The collaboration between the most prominent Latin American travel company and Shakira aims at promoting the “travel spirit of Latin Americans,” and connecting people through unforgettable experiences. Here is what Marcelo Grether, Chief Commercial Officer of Grupo Despegar had to say about the collaboration:
“We are proud to welcome Shakira to Despegar. Her Latin American roots, her enormous artistic influence, and her admirable innovative and global vision make her the perfect ambassador for our brand. Together, we look forward to inspiring more people to travel and live unforgettable experiences.”
Booking Holdings Inc. (NASDAQ:BKNG) and Expedia Group, Inc. (NASDAQ:EXPE) are set to use AI tools to enhance their travel planning services. The Penny AI assistant introduced by Booking Holdings Inc. (NASDAQ:BKNG) on Priceline helps users streamline their booking process. Similarly, Expedia Group, Inc. (NASDAQ:EXPE)’s Romie Assistant not only offers recommendations within group chats but also generates seamless travel schedules for users. Both companies have incorporated conversational AI into their platforms to make travel booking more accessible.
Now that we have taken an overview of the South American travel sector, let’s look at the best place to visit in South America that is beautiful and safe. You can also look at 16 Safe and Affordable Cities in South America for Expats and 12 Most Populated Countries in South America.
Pixabay/Public Domain
Our Methodology
In order to compile a list of the 40 best places to visit in South America that are beautiful and safe, we conducted a consensus approach and a visitor survey through Reddit. Firstly, we consulted ten online travel expert resources to compile a list of the most beautiful and safest cities to visit in South America. Next, we looked at eight Reddit threads that asked commenters to mention the most beautiful and safest cities in South America that they had traveled to. We only chose threads that had more than 50 comments and studied more than 350 comments to shortlist cities that had the most recommendations by Reddit users. We then counted the number of upvotes on each comment and chose the top 40 cities with the most number of upvotes. The 40 best places to visit in South America that are beautiful and safe are arranged in ascending order of their number of upvotes on Reddit.
Note: This list is not exhaustive and does not reflect our opinion. The ranking is solely based on the opinions of mass consumers on Reddit.
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The Best Place to Visit in South America That is Beautiful and Safe
1. Lima, Perú
Number of Reddit Upvotes: 155
Lima ranks first on our list of the 40 best places to visit in South America that are beautiful and safe with 155 Reddit upvotes. Lima is the capital of Peru and is located on the country’s Pacific coast. Known as one of the largest cities in South America, Lima offers a unique mix of its colonial heritage and modern metropolitan status. Some of the most prominent tourist destinations in the city include Lima Main Square, the Lima Cathedral, the Bridge of Sighs, the Basilica and Convent of San Francisco of Lima, the Huaca Pucllana Site Museum, the Presidential Palace, the Lima Plaza Mayor, and several others. The city is primarily considered safe by Reddit users who visited it.
Lima is considered the most beautiful and safest place to visit in South America according to our list. To look at other places that are also considered safe and beautiful in the region, you can look at our detailed report on 40 Best Places to Visit in South America That Are Beautiful and Safe.
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