
Hotels In Mexico Can Expect Guests This Christmas

By Jason Lugo – Senior Regional Manager - Latin America, SiteMinder
No matter your personal circumstance, it's likely that you've begun counting down to the new year.
No matter your personal circumstance, it's likely that you've begun counting down to the new year.
The COVID-19 pandemic and resulting restrictions on domestic and international travel, economic activity, and individual movement are having an unprecedented impact on the lodging and tourism industry in Latin America and worldwide.
"This crisis includes a question to all of us. Namely the question, as it is posted here, how we all want to move into the future. Resiliency and sustainability are the buzz words in any strategic discussion, but for me, even these concepts jump too short."
In view of the advancing Coronavirus over the past few days, the economic impact starts to deepen and takes bigger steps around the world, mainly reflected by issues due to the drop in consumption and production, the stock market and supply chains, and this serves as a wake-up call for all the world even for those powerful countries in the European Union as a possible economic recession is looming.
What are the effects of the recent political turmoil in Latin America on the region's tourism demand? Relying on a simple microeconomics principle, the concept of externalities, this analysis helps to explain why there is so much unrest in South America and its impact on the tourism sector.
On November 24, 2016, the signing of the Final Agreement for the Termination of the Conflict between the Colombian State and the Revolutionary Army Forces of Colombia (FARC) put (at least formally) an end to the oldest and largest civil war in the Americas.
As a hotel industry sales and guest services trainer, on average I experience six or more hotel stays each month. Although I have clients across all segments of lodging, many of my clients are in the ultra-luxury five star or five diamond categories.
It is our great pleasure to present the third edition of the Trends and Opportunities South America, an annual publication by HVS/Hotel Invest (in partnership with STR) that illustrates and analyzes the sector's performance in some of the major markets in the region.
"Could Thomas Cook succeed as an OTA? Maybe. Most new OTA ventures lack the global brand recognition with both consumers and travel industry suppliers that Thomas Cook has built. It is unlikely to be enough to prevail where so many others have not, against Expedia and Booking."
The Market Pulse of South America is the annual publication by HVS/HotelInvest in partnership with STR which analyzes the partial performance of 10 major hotel markets in South America. Overall, in the first half of 2016 the economic slowdown continued to affect the economy in most of the analyzed markets.
With the television landscape becoming increasingly fragmented by cable, satellite, social media and internet streaming options, reaching many people at once via traditional, 20th century media placement methods comes with its fair dose of anxiety.
The 2016 HOLA conference roused both enthusiasm and caution for Latin America's hotel industry. Major markets benefit from their alignment with the U.S. dollar, but hurt from oversupply. Smaller markets, however, may be poised for growth.