GBTA forecasts Latin America business travel spending at $67.7B in 2026, led by Brazil at $35.8B, with growth slowing to 3.3% in 2027 amid economic and geopolitical pressures.
Rio de Janeiro hotels hit their highest August RevPAR since the 2016 Olympics, reaching BRL612.29, driven by the Copa Libertadores at Maracanã and Festival Medio y Medio.
São Paulo recorded its highest-ever July ADR (BRL706.65) and RevPAR (BRL436.60), with the AI Summit Brazil driving peak occupancy of 83.9% on July 23.
Lighthouse data shows Brazil hotel rates surged 22% YoY in H1 2026 across 34 of 35 tracked destinations, driven by record household earnings growth and 37% international arrivals growth in 2025.
WTTC's 2026 EIR data shows Mexico led North America in T&T GDP growth (1.8%), international arrivals (+6.1%), and visitor spending (+3.5%) in 2025, while the US and Canada both recorded spending declines.
WTTC's 2026 EIR forecasts Travel & Tourism GDP growth of 4.1% for Central and South America, ahead of the 3.2% global average, with international visitor spending up 7.8%.
Reviewpro data from Jan–Apr 2026 shows improving scores in Mexico's three FIFA World Cup host cities, but recurring guest complaints about maintenance, connectivity, and low review response rates signal operational gaps ahead of peak demand.
Shiji's Mexico market manager discusses hospitality trends and opportunities ahead of the upcoming FIFA World Cup tournament.
March 2026 occupancy rose 13% to 67.8% while ADR increased 7.4% to BRL871.48, with peak performance on March 11.
February 2026 RevPAR hit BRL 1,050.78, up 48% year-over-year, with peak Sunday performance reaching BRL 2,491.14 RevPAR and 93.7% occupancy.
ADR hit BRL 1,699.90 and RevPAR reached BRL 1,573.32 during race weekend, marking the highest levels ever recorded in São Paulo's hotel market.
Royal Grand Resorts is an exclusive destination for gay men, located in the heart of Manuel Antonio, Costa Rica. This luxury retreat blends elegance with natural beauty, offering world-class service and a tranquil setting surrounded by rainforest and ocean views.
A mix of events helped São Paulo’s hotel industry post its highest average daily rate (ADR) and revenue per available room (RevPAR) on record, according to September preliminary data from CoStar, a global leading provider of online real estate marketplaces, information, and analytics in the property markets.
Costa Rica hotel performance over the past five years has resembled other leisure destinations frequented by Americans. Specifically, higher-end hotels and resort areas have done well, while other areas have remained flat.
A Lady Gaga concert helped Rio de Janeiro’s hotel average daily rate (ADR) and revenue per available room (RevPAR) to an all-time high for May, according to preliminary data from CoStar. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.
During its participation in the Visit Brazil Summit, the World Travel & Tourism Council (WTTC) has unveiled a very positive outlook for Brazil’s Travel & Tourism sector this year, with a projected contribution of US$167.6 billion to the country’s GDP, representing 7.7% of the national economy.
Currently, Argentina faces significant challenges regarding its competitive position in the global tourism sector. The recent devaluation of the peso has intensified barriers to attracting international visitors, while also highlighting the crucial importance of each destination’s unique value proposition within the country.
In 2024, Mexico's tourism sector continued its robust post-pandemic recovery, contributing 8.6% to the national GDP and employing over 4.9 million people.
Boosted by the annual Carnival, Rio de Janeiro’s hotel industry posted its highest monthly revenue per available room (RevPAR) on record, according to March preliminary data from CoStar. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets.
The Latin American country has become the first in the world to adhere to a customised version of UN Tourism’s Self-Assessment Tool to Assist Rural Destinations (STAR). This step aligns with national efforts to strengthen rural tourism, including the initiative ‘Pueblos con Encanto’, which promotes the recognition and development of tourism in rural communities across the country.