World Travel & Tourism Council to hold its Global Summit in April 2021
The highly-anticipated World Travel & Tourism Council (WTTC) 20th Global Summit, will now take place in April - one month later than the originally planned date.
Press Releases
Mexico: A Story of Steady Recovery
Mexico's hotel industry has been a rather unique case of linear performance recovery. While most countries have seen fluctuations in the metrics, Mexico has been on a steady ascent leading to a November that produced the country's highest performance levels of the pandemic.
ONA Le Toit and Grupo Habita collide
Since opening its doors in summer 2020, Círculo Mexicano has captured the hearts of the neighborhood through the immaculate design for which Grupo Habita is known and its contribution to the local social scene. Here, 24 rooms and suites are housed in a traditional 'patio house' in the storied Centro Histórico of Mexico City.
Horwath HTL Market Report: Mexico (English & Spanish)
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.
Montage Los Cabos Debuts Casa Crenn
Montage Los Cabos, a secluded luxury resort perched on the shores of Santa Maria Bay, today announced "Casa Crenn," a once-in-a-lifetime exclusive culinary series in partnership with America's only three-Michelin-starred female chef, Dominique Crenn, to celebrate the 10th anniversary of Atelier Crenn, the world-renowned restaurant in San Francisco. Featuring top talent from the culinary world, this exciting epicurean event is hosted in collaboration with French Master Chef Xavier Salomon, Executive Chef at Montage Los Cabos, and Mexican-born Chef Patissier Juan Contreras, to prepare a series of exclusive dinners in one of the resort's signature Casas.
UNWTO Official Visit To Brazil To Support Sustainable Recovery Of Tourism
The Secretary-General of the World Tourism Organization (UNWTO) has reaffirmed his commitment to working closely with the Government of Brazil to help the country's tourism sector recover and become a key driver of sustainable development. The statement of support came as Mr. Zurab Pololikashvili led a UNWTO delegation to meet with President Jair Bolsonaro and Minister of Tourism Marcelo Álvaro Antônio.
Nayara Joins Forces with Tánica - Expanding beyond Costa Rica adding two new hotels to its collection
Nayara Resorts, known for its three properties in Costa Rica often ranked amongst the top hotels in the world, is thrilled to announce a new partnership with Tánica hotels in Chile. This is Nayara's first foray beyond Costa Rica and they look forward to offering guests their incredible customer service and gracious hospitality, starting with Alto Atacama Desert Lodge & Spa in Chile's Atacama Desert and Hangaroa Eco Village & Spa on Easter Island.
A Letter From The Casai CEO: Announcement of $48M Series A Funding
I am excited to officially announce our emergence from stealth mode with news of our Series A of $23M, led by the inimitable Angela Strange at Andreessen Horowitz. We are also humbled to announce our partnership with Brian Lewis at TriplePoint Capital for a debt facility of up to $25M. This recent capital follows our previously unannounced $5M seed round, led by Marcelo Lima at Monashees Capital and Nico Szekasy at Kaszek Ventures, bringing us to a total of $53M.
Casai Raises $48 Million, Mexico's Largest Series A, to Build a New Kind of Hospitality Brand
Casai, an emerging markets hospitality brand that offers beautiful and intelligent living spaces suited for the nomadic generation, today announces a $48 million Series A including $23 million in equity funding and up to $25 million in debt financing from TriplePoint Capital. The round is the largest Series A raised by a company in Mexico today and one of the largest in Latin America. Led by Andreessen Horowitz, the equity funding includes participating investors Andreessen Horowitz's Cultural Leadership Fund, Kaszek Ventures, Monashees Capital, Global Founders Capital, Liquid 2 Ventures, Tom Stafford (managing partner of DST Global), and founders of leading startups including Nova Credit, Loft, Kavak, and Runa. The new capital follows Casai's $5 million seed funding led by Kaszek Ventures and Monashees, bringing Casai to a total of $53 million raised.
Radisson Hotel Group Extends Its Longstanding Relationship With Atlantica Hotels in Brazil
Radisson Hotel Group is proud to announce it has signed a Master Franchise Agreement with Atlantica Hotels in Brazil. The two companies have held a longstanding relationship for nearly 20 years. Atlantica Hotels was previously a licensee for Radisson Hotel Group's brands in Brazil, including Radisson Blu, Radisson RED, Radisson and Park Inn by Radisson. The Master Franchise Agreement will cover all seven of Radisson Hotel Group's brands. The signing of this agreement will extend this relationship for another 20 years while growing Radisson Hotel Group's presence throughout the country.
Horwath HTL Market Report: Mexico
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. During 2019 Mexico was ranked number 7 worldwide for the number of international tourists (OMT). Tourism accounted for an 8.7% share of the Mexican GDP in 2018.
Dream Hotel Group Signs Three New Locations In Tulum, Mexico
Celebrated hotel and brand management company Dream Hotel Group announced today a new partnership with leading Tulum-based real estate development group Los Amigos to operate three new properties in Tulum, Mexico. All three projects will fall under the company's new By Dream Hotel Group lifestyle brand.The three new locations - one beachfront hotel and two condo-hotels - will be branded as Central Park Lagunas by Dream Hotel Group Tulum, Central Park Rios by Dream Hotel Group Tulum and The Beach Club by Dream Hotel Group Tulum for a total of up to 217 rooms.
Posadas Elevates Safety & Sanitation Protocols
Following weeks of halted operations that permitted time for extensive planning, Posadas, Mexico's largest and most internationally known hotelier, is pleased to announce elevated safety and sanitization protocols, Travel with Confidence, currently being applied to all its 180 hotels and resorts in preparation for summer travel. Posadas, which includes La Colección Resorts with 16 resorts spanning across Mexico and the Dominican Republic, is committed to providing travelers and employees peace of mind by implementing and enforcing thorough health and safety protocols using 3M products that are necessary today for the prevention of the contagion and spread of COVID-19. The company is already practicing these protocols at 16 hotels to house doctors treating patients in nearby hospitals.
Hosts Provide Accommodations for Mexican Red Cross Frontline Staff
Airbnb announced that the global Frontline stays program will be activated in Mexico starting Monday, April 27, in alliance with the Mexican Red Cross, in order to provide frontline workers with comfortable and convenient places to stay, while they carry out their critical work to help contain the COVID-19 pandemic in the country.
Hosts Will Offer Stays to Frontline Responders in Colombia
Airbnb announced the activation of its global Frontline stays program in Colombia, aimed at providing free and subsidized homes to healthcare staff and frontline responders who carry out their critical work to help contain the COVID-19 pandemic within the country. Accommodations will allow these professionals to be closer to their workplaces while staying safely distanced from their families.
STR: Colombia’s Daily Hotel Occupancy Sinks To 3.9%
As the COVID-19 pandemic in Colombia has worsened, the country's daily hotel occupancy decreased to as low as 3.9% on 29 March, according to preliminary data from STR.
STR: Preliminary Mexico Hotel Results For Week Ending 28 March
Mexico's hotel industry showed its sharpest reaction yet in the face of the COVID-19 pandemic with deep year-over-year declines in the three key performance metrics during the week of 22-28 March 2020, according to preliminary data from STR.
STR: Lima’s daily hotel occupancy falls to as low as 12.9%
As the impact of COVID-19 broadens in South America, Lima's daily hotel occupancy fell to as low as 12.9% on 19 March, according to preliminary data from STR.That occupancy level came one day after the Peruvian government imposed a nightly curfew to combat the spread of COVID-19. STR's most recent data for 22 March showed that just 13 of 100 rooms on average were occupied in the city.
Preliminary Mexico Hotel Results For Week Ending 21 March
Mexico’s hotel industry showed clear effects of the COVID-19 pandemic with sharp year-over-year declines in the three key performance metrics during the week of 15-21 March 2020, according to preliminary data from STR.
STR: Preliminary Mexico Hotel Results For Week Ending 14 March
Mexico’s hotel industry has yet to see declines as steep as those experienced in the U.S. and Canada, but the effects of COVID-19 on travel still played a role in negative year-over-year results in the three key performance metrics during the week of 8-14 March 2020, according to preliminary data from STR.