Investments and Business

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In the national total, by May 2023 the percentage of hotel occupancy was 48.5 percentslightly below the 49.9 percent registered in the same month last year. The main reason for Colombians to travel this month was leisure, contributing 25.9 percentage points to the occupancy rate, as revealed by Dane. In second place are business trips. (Also read: Retail sales complete 3 months down: in May they fell 5.1%) In Bogotá, the occupancy rate was 59.8 percent. The main reason for travel was business, contributing 31.7 percentage points to the occupancy rate for May.Meanwhile in cartagenaOccupancy was 61.1 percent, mainly due…

In May 2023, the real retail sales decreased 5.1 percent and employed personnel grew 3.5 percent compared to the records of the same month last year. excluding the fuel trade, the fall in real sales in the sector was 6.6 percent, according to the National Administrative Department of Statistics (Dane).(Also read: Production of the manufacturing industry continued to fall in Colombia: -3.4% in May) If the results of May 2023 are compared with those of May 2019, an increase of 15.1 percent is evident in the retail sales and in relation to employed personnel, a growth of 2.5 percent.Twelve lines…

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