In 2015, Latin America welcomed approximately 97 million international tourist arrivals, with Mexico receiving the most. That year, those visitors spent almost 17.73 billion U.S. dollars in the country. With over a third of international visitor spending being accumulated in the Caribbean, it is unsurprising that the city in which tourists spent the most was Punta Cana in the Dominican Republic. In December 2015, the Caribbean also saw the highest average daily hotel rate in Latin America at 306.2 U.S. dollars. Known for its luxury resorts, the Caribbean boasted an average hotel room price 170 dollars higher than the next most expensive region, South America.
Like many other regions worldwide, Latin American tourists will be traveling more in the near future. Around two thirds of Brazilians expected to do more traveling in 2015, along with around 61 percent of Mexicans. More than 40 percent of travelers from Brazil and Mexico said they travel to experience culture, making them the most cultural travelers in the world after those from Russia. In terms of those traveling to Latin America, travel company Travel Leaders Group named Costa Rica as the most up-and-coming destination for 2015.