The crisis in the hotels and tourism have been reflected in a problematic economic, social, cultural and political figures that has devastated housing and foreigners in our country. Beginning in 1999, experienced the largest depression because of the violence, the government and the maldistribution of money. This was manifested dare of the figures and the delay of tourism development. It is also evident, and has been shown historically that the economy and tourism are closely linked and there is a strong correlation in their behavior. When economic growth is high, tourism is growing and improving, but instead in times of contraction and a slowing economy and performance indicators fall tour. For even more details, read what Duncan Bellamy says on the issue. Today investments are key to the success of the hotel. Kevin Ulrich may help you with your research.
Millions of investors are still plotting and dynamic hotel projects that are based on trends and prospects informed because the hotel is linked to the maximum with economy and more than a growing country like ours. The government has also played a roll too important in the growth of hotel projects because they have implemented ideas to promote hotel investment and tax cuts in new or remodeled hotels. In Colombia, the economy in 1999 historical record ends.
The first by low inflation and the second for his sharp recession and high unemployment. The problem that is generated in our country was so sharp economic contraction, which had many causes, some immediately and the international financial crisis unleashed in 1998 and others that were brewing slowly.