STR: Mexico 2017 hotel performance
Mexico's hotel industry reported positive year-over-year results in the three key performance metrics during 2017, according to data from STR. Compared with 2016:
Markets & Performance
STR: Central/South America 2017 hotel performance
LONDON -- Hotels in the Central/South America region reported positive year-over-year results in the three key performance metrics during 2017, according to data from STR.U.S. dollar constant currency, 2017 vs. 2016Central/South America
STR: Central/South America hotel performance for October 2017
Hotels in the Central/South America region reported positive year-over-year results in the three key performance metrics during October 2017, according to data from STR.U.S. dollar constant currency, October 2017 vs. October 2016Central/South America
STR: Caribbean/Mexico hotel pipeline update
STR's October 2017 Pipeline Report shows 44,556 rooms in 245 hotel projects Under Contract in the Caribbean/Mexico region. The total represents a 39.0% increase in rooms Under Contract compared with October 2016.
STR: Central/South America hotel pipeline update
STR's October 2017 Pipeline Report shows 58,909 rooms in 376 hotel projects Under Contract in the Central/South America region. The total represents an 8.0% decrease in rooms Under Contract compared with October 2016.
STR: Mexico hotel performance for Q3 2017
Mexico's hotel industry reported mixed year-over-year results in the three key performance metrics during the third quarter of 2017, according to data from STR. Compared with Q3 2016:
STR: Hotel performance amped up during Rock in Rio 2017
Data from STR shows that hotels in Rio de Janeiro, Brazil, recorded substantial performance levels during the September Rock in Rio music festival.During the seven days of the festival (15-17 and 21-24 September), occupancy in the Barra da Tijuca area of Rio, at an actual level of 81.4%, was 69.1% higher compared with the rest of September, while average daily rate (ADR) was 64.8% more at BRL555.77. Performance uplifts were common outside of Barra da Tijuca as well. Excluding Barra da Tijuca, Rio's revenue per available room (RevPAR) was 74.7% higher compared with the rest of the month, with occupancy 54.8% higher and ADR 12.8% higher.
STR: Central/South America hotel performance for Q3 2017
Hotels in the Central/South America region reported mixed year-over-year results in the three key performance metrics during Q3 2017, according to data from STR.U.S. dollar constant currency, Q3 2017 vs. Q3 2016Central/South America
STR: Caribbean/Mexico hotel pipeline for September 2017
STR's September 2017 Pipeline Report shows 42,259 rooms in 241 hotel projects Under Contract in the Caribbean/Mexico region. The total represents a 29.3% increase in rooms Under Contract compared with September 2016. Under Contract data includes projects in the In Construction, Final Planning and Planning stages but does not include projects in the Unconfirmed stage.The Caribbean/Mexico region reported 17,450 rooms in 99 projects In Construction for the month. Based on number of rooms, that is a 25.0% increase in year-over-year comparisons. Among Chain Scale segments, the Upscale segment accounted for the largest portion of rooms Under Contract (24.2% with 10,242 rooms). The Upper Upscale segment accounted for the largest portion of rooms In Construction (23.2% with 4,050 rooms).
STR: Central/South America hotel performance for August 2017
Hotels in the Central/South America region reported nearly flat occupancy with year-over-year rate declines during August 2017, according to data from STR.U.S. dollar constant currency, August 2017 vs. August 2016Central/South America
STR: Caribbean/Mexico hotel pipeline for August 2017
STR's August 2017 Pipeline Report shows 41,116 rooms in 234 hotel projects Under Contract in the Caribbean/Mexico region. The total represents a 47.1% increase in rooms Under Contract compared with August 2016. Under Contract data includes projects in the In Construction, Final Planning and Planning stages but does not include projects in the Unconfirmed stage.The Caribbean/Mexico region reported 16,297 rooms in 92 projects In Construction for the month. Based on number of rooms, that is a 24.4% increase in year-over-year comparisons. Three countries in the region reported more than 1,000 rooms In Construction:
STR: Central/South America hotel performance for July 2017
Hotels in the Central/South America region reported positive results in the three key performance metrics during July 2017, according to data from STR.U.S. dollar constant currency, July 2017 vs. July 2016Central/South America
STR: Caribbean/Mexico hotel pipeline for July 2017
STR's July 2017 Pipeline Report shows 41,131 rooms in 234 hotel projects Under Contract in the Caribbean/Mexico region. The total represents a 44.7% increase in rooms Under Contract compared with July 2016. Under Contract data includes projects in the In Construction, Final Planning and Planning stages but does not include projects in the Unconfirmed stage.The Caribbean/Mexico region reported 16,015 rooms in 89 projects In Construction for the month. Based on number of rooms, that is a 23.6% increase in year-over-year comparisons.Four key markets reported more than 1,000 rooms In Construction:
STR: Mexico hotel performance for Q2 2017
Mexico's hotel industry reported positive year-over-year results in the three key performance metrics during the second quarter of 2017, according to data from STR. Compared with Q2 2016:
Tourism Sector In Mexico Is Stronger Than The Oil Industry | tourism-review.com
Far from being affected, the tourism sector in Mexico benefited from the volatility and depreciation of the exchange rate, the outcome of the 2016 electoral process in the United States, and the international uncertainty that negatively impacted other sectors of the economy.
Tourism sector in Mexico represents 8.7% of the country's Gross Domestic Product (GDP), a figure exceeding the contribution of oil industry, which amounts to 7%, according to Teresa Solis Trejo, Deputy Director of Planning and Tourism Policies of the Ministry of Tourism.
"The tourism sector is an industry that, thanks to its size and performance in recent years, is becoming one of the driving forces of the national economy," the federal official said.
STR: Caribbean/Mexico hotel pipeline for June 2017
STR's June 2017 Pipeline Report shows 41,101 rooms in 236 hotel projects Under Contract in the Caribbean/Mexico region. The total represents a 43.8% increase in rooms Under Contract compared with June 2016. Under Contract data includes projects in the In Construction, Final Planning and Planning stages but does not include projects in the Unconfirmed stage.The Caribbean/Mexico region reported 13,829 rooms in 86 projects In Construction for the month. Based on number of rooms, that is a 15.4% increase in year-over-year comparisons. Among Chain Scale segments, the Upscale segment accounted for the largest portion of rooms Under Contract (24.9% with 10,229 rooms) and In Construction (25.2% with 3,485 rooms).
How Brazil Became One of the Most Exciting Hospitality Markets in the World
Brazil is world-famous as a vaunted travel destination, owing to the country's rich breath of cultures, incredible diversity of landscapes, and unmatched festivities, including the Brazilian Carnival, an annual festival held between the Friday afternoon 51 days before Easter and Ash Wednesday.
Rosewood Hotels announce new Sao Paulo property by architect Jean Nouvel
The Rosewood Hotel Group recently announced plans for a new property to open in the Brazilian city of Sao Paulo. The new hotel and residence complex, named Rosewood Sao Paulo, will be housed in an impressively renovated building just off the city's main boulevard Avenida Paulista and will feature 151 guest rooms and 122 residential suites, two restaurants, two swimming pools and a spa centre. Spread over 22 floors, the 100m high tower was originally built in 1904 and was a maternity hospital located in the centre of the 27,000m2 Cidade Matarazzo complex, which contains historic buildings in the middle of Sao Paulo. The skyscraper takes the form of a terraced tower clad in a patchwork of bronzed grids, which are inset and pulled out alternatively to form terraced gardens, a scheme which is intended to emulate the surrounding landscape and provide a physical continuation of parkland and trees in the vicinity. Renowned French architect Jean Nouvel is responsible for the design of the tower and recently released some atmospheric renderings to give guest a taste of what is to come when the project is completed in 2019. His concept for the project is that the park surrounding the building will be seen to be occupying it: "Matarazzo Park will have invaded a tower. Let's make one thing clear. The park tower will be regal and welcoming – and it will be much looked at and envied. In its own distinctive way, it will say: follow me, live in style. Around Matarazzo at first, then a bit farther afield, trees will begin to mount their assault on the city." The hotel will also offer 100,000 sqft of meeting and event spaces, ideal for corporate travelers going to Sao Paulo on business. Residents and guests can avail of the terraces with spectacular views and indulge in the rooftop pool, an oasis in the middle of the city. Interiors will be designed by famed designer Philippe Starck. The property will be a fantastic new addition to Rosewood's 44-strong hotel portfolio. The hotel is part of Cidade Matarazzo, a complex of historic buildings in São Paulo which date back to the early 20th century. Linked to the Paulista Avenue by a pedestrian walkway, this is one of the city's last remaining landmarks.More contact details on Rosewood Sao Paulo and the suppliers and architects involved can be found on the TOPHOTELPROJECTS database.
STR: Caribbean/Mexico hotel pipeline for May 2017
STR's May 2017 Pipeline Report shows 39,434 rooms in 226 hotel projects Under Contract in the Caribbean/Mexico region. The total represents a 39.0% increase in rooms Under Contract compared with May 2016. Under Contract data includes projects in the In Construction, Final Planning and Planning stages but does not include projects in the Unconfirmed stage.The Caribbean/Mexico region reported 13,503 rooms in 82 projects In Construction for the month. Based on number of rooms, that is a 7.0% increase in year-over-year comparisons. Three countries in the region reported more than 1,000 rooms In Construction:
The Colombia hotel project pipeline
TOPHOTELNEWS recently reported on the increasing growth of Colombia's tourism industry following new peace deals in the South American country. The Economist, chose Colombia as "Country of the Year" 2016. The publication stressed that it was the country with the most achievements during the current year.