The Mexican Market Report provides an insight of the current state of the Mexican economy, the tourism sector, and the evolution of variables that have a tangible influence on the hotel investment market amidst the COVID-19 pandemic.
Planet Hollywood Hotels and Resorts is pleased to announce that the brand-new Planet Hollywood Beach Resort Cancun will be rolling out the red carpet for its first guests on December 15, 2020.
Marriott International, Inc. (NASDAQ: MAR) today announced that it has signed an agreement with KJP Participaçoes LTD to bring the W Hotels brand to Gramado, a mountain resort town in the Brazil's southernmost state, Rio Grande do Sul.
The Current COVID-19 crisis has put incredible strains on hotel owners, operators and managers. Steps to alleviate the current pain points are well noted - fee reductions/deferrals, closing of properties, reduced staffing and services - but these are likely not sustainable over a long period.
"As legislation evolves, current certification schemes might be ineffective or become obsolete in upcoming months, especially in European countries. Further regulations for hotel building and operations have more chances to be a catalyst for change than some of the existing certification schemes."
W Punta de Mita – Punta de Mita, Mexico
SAHIC, the Hotel & Tourism Investment Conference for Latin American and the Caribbean community, has announced its Virtual Conference for next October 5-6 th. Due to global travel restrictions and health authorities' recommendations to keep safe distancing measures, the annual event will be held on an online platform.
New research by SiteMinder, the global hotel industry's leading guest acquisition platform, reveals a growing enthusiasm for domestic travel among Mexicans and a heightened awareness of personal health.
The prominence of the housekeeping function has seen a revival in recent years. While its contribution was underappreciated for many decades, there has been a recent awakening to the department's significant impact on shaping the guest experience and the positive impact a well-managed team can have on the hotel's bottom line.
US spending into South America is forecast to drop by 44.4% between 2020 and 2021 as travel restrictions due to COVID-19 have stymied visitor flows. Having featured in the top ten international arrivals in all the five major economies across South America in 2019, the reduction of this source of market will be detrimental for the travel sector.
"In the face of COVID-19, it seems that housekeeping professionals are required to (re-)activate their skill set; which already includes the management of complex projects. For the seasoned housekeeping professional managing the complex task of ensuring cleanliness, hygiene, and COVID-19 safety for guests and staff, is most likely not an issue."
Viceroy Los Cabos – Los Cabos, Mexico
The Central/South America hotel industry reported slight improvement in occupancy month over month, but lower room rates, according to June 2020 data from STR.U.S. dollar constant currency, June 2020 vs.
Radisson, one of the best recognized hotel brands, is proud to announce the opening of Radisson Hotel Tapatio Guadalajara at Carretera a Chapala Km 6.5, Tlaquepaque, Jalisco, Mexico. The hotel is opening its doors following an extensive $2 million renovation.
