The internal gross product (GDP) of the accommodation and restaurant activities in Peru reached S/16,191 million in 2024, which represents a 3.7% increase Compared to the previous year, as reported by the External Commerce Society of Peru (Comex-Peru) based on data from the National Institute of Statistics and Informatics (INEI).
This growth was largely driven by the dynamism of the subsector accommodation, which registered a 7% increase compared to 2023. This positive performance responded to a greater influx of national and international tourists.
For its part, the restaurants also showed an advance, with an expansion of 3.3%. Among the factors that explain this improvement are Expansion of care schedulesthe implementation of discounts with credit cardsdigital marketing strategies and realization Gastronomic Fairswhich contributed to boost demand.
Challenges persist in the sector
Despite the favorable results, Comex-Peru warned that the total recovery of the sector faces obstacles. One of the main identified problems is the management of entrance tickets to Machu Picchu, which generates uncertainty and could affect the arrival of foreign tourists, a key segment for the reactivation of tourism in the country.
Another challenge is the imbalance between the supply and demand of lodging. While between 2019 and 2024 the hotel capacity in the country grew by 17.5%, the demand still fails and remains 8.2% below the Pre-pandemic levels. In particular, the arrival of national tourists to lodgings was 6.4% lower compared to 2019, while the flow of international visitors fell 19.4% in the same period. In general, the arrival of foreign tourists in 2024 remained 25.5% below the levels registered before the pandemic.
Regional impact and participation in GDP
The regional analysis reveals that only four of the 25 departments, including the Constitutional Province of Callao, have increased hotel demand compared to 2019. In contrast, Loreto (-43%), ApurÃmac (-42.1%) and Ayacucho (-41.8%) recorded the most pronounced falls in the number of visitors to their accommodations.
Currently, the Accommodation and restaurants sector It represents 2.8% of the total GDP, a participation of less than the 3.2% in 2019, reflecting that, despite partial recovery, gaps still persist to reach pre-pandemic levels.
Source: Larepublica
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