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Unformatted text preview: nited States—Canada and Mexico—are projected to increase in 2011 by 7% and 1%, respectively, and by 34% and 22%, respectively, from 2010 to 2016. Canada’s annual growth would build on the 2010 record of 20 million visitors, and Mexico’s growth would establish new records beginning in 2013. South America The number of visitors from South America is projected to climb by 15% in 2011, the secondlargest growth rate of any region, and the area should remain a leader in arrivals growth for the next several years. It is estimated that by 2016 South America will generate nearly 6 million more visitors, an increase of 77% compared to 2010. Brazil, the largest source market in the region, is expected to build on the 2010 record-breaking performance and climb 25% in 2011, a gain of 1.5 2012 Colorado Business Economic Outlook million visitors. By 2016, it is projected the United States could host a record 2.8 million Brazilian visitors, a 135% increase over 2010. Argentina is forecast to post a gain of 16% in 2011, climbing to 70% by 2016....
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This note was uploaded on 02/11/2013 for the course MGMT 231 taught by Professor Yu during the Spring '13 term at Bauder.

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