Colombia accommodation real income drops 7.4% in July, led by Bogotá and Antioquia

Colombia's real income from accommodations fell 7.4% year-on-year in July, driven by sharp declines in Bogotá (-11.5%), Cartagena (-8.6%), and Antioquia (-14.6%). The data suggests weakening domestic tourism demand, which may weigh on services sector growth. The trend is consistent with recent softness in consumer spending, but the report does not specify whether the decline is due to lower occupancy or pricing.