Colombia Accommodation Revenue Drops 11.8%, Occupancy Falls to 49.2%

Colombia's accommodation sector revenue fell 11.8% and hotel occupancy dropped to 49.2%, with employment in the sector down 6% versus August 2025. Real wages rose 7.7%, indicating a softening in domestic travel demand despite wage growth. This signals a potential slowdown in consumer discretionary spending and tourism, which may weigh on growth.