BMI View: Colombia has a fairly well established tourism sector, albeit one that has been severely affectedby the ongoing conflict between the government and the FARC. With a peace agreement now in place andthe final disarmament process happening in June 2017, Colombia is now poised for significant growth overthe coming years. The government is committed to improving security against terrorism and to developingthe national travel infrastructure. These changes should open up the less developed areas of the country,areas that have thus far been unable to establish significant tourist hubs. Major towns and cities, such asBogota and Barranquilla, are already well served by both domestic and international hotel chains but thesector is by no means saturated. Over the forecast period we expect to see many new developments aschains try to take advantage of increasing visitor numbers. A potential risk to any growth is the escalationof violence or breakdown of the peace treaty between the government and the FARC which continues to befragile.