Hoteliers met in Panama City in March to discuss the state of recovery of hotel markets in Latin America and the Caribbean.
Executives said that hotel brands in the region have switched back to growth mode, a move made out of necessity as much as the overall health of the travel industry.
Officials with hotel brand companies have stepped up their development goals in Latin America and the Caribbean as travelers return and are willing to pay higher rates.
Click on each headline below to read more.
article4 Min ReadMarch 15, 2022 09:44 AMStrong leisure travel, and a quicker recovery of business travel than in other parts of the world, has boosted the hotel industry in Latin America and the Caribbean.
article3 Min ReadMarch 17, 2022 10:46 AMExperts at the SAHIC Latin America & The Caribbean conference said the environmental impacts of hotel projects are becoming a bigger concern for investors and lenders.
article3 Min ReadMarch 22, 2022 09:46 AMAs hotel brands still work to emerge from the COVID-19 pandemic stronger than ever, executives with Hyatt and Accor at 2022 SAHIC Latin America & The Caribbean conference stressed the need to increase the focus on the needs of guests and owners.
article3 Min ReadMarch 28, 2022 09:07 AMThe low costs and high average daily rates at luxury hotels in Latin America are attracting international investment, particularly from the U.S., according to experts speaking at the SAHIC Latin America & The Caribbean conference.
article2 Min ReadMarch 31, 2022 09:07 AMThomas Dubaere, CEO of South America for Accor, said his company's increasing focus on luxury lifestyle hotels will lend itself to growing across the continent after establishing an economy and midscale foothold in Brazil.
article2 Min ReadApril 04, 2022 08:35 AMWhile the hotel industry cratered in the earlier stages of the COVID-19 pandemic, hotel ownership groups in Panama and Argentina shared how they prioritized taking care of employees and the communities around them.
article2 Min ReadApril 05, 2022 09:49 AMThe COVID-19 pandemic has driven more flexibility for owners in Latin America and elsewhere, and brand executives say they will put more consideration into return on investment for renovations going forward.
article2 Min ReadApril 06, 2022 09:05 AMWhile it's more expensive then ever to build new hotels, executives with major international hotel brands say they continue to grow their footprints in Latin America, fueled by strong investor interest in the industry and booming leisure travel.