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.
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.
During the anual awards ceremony that distinguishes "The Best Companies to Work For," held on February 28, the research and consulting firm Great Place to Work in Mexico recognized Grupo Vidanta, Mexico's leading resort operator and tourism developer, in the category "Large Company", being made up of more than 5,000 collaborators, as one of the best companies to work for in Mexico This is the tenth consecutive year that Vidanta has won the award.
Brazil has become one of the leading countries in terms of 'fractional' ownership in the hospitality industry. With a large domestic market discovering the benefits of this sector and a growing number of new projects, the multi-ownership business is changing the real estate tourism business' face. Luxury local brand, Fasano and international brands, Hard Rock and Wyndham are the most significant, sponsoring very significant projects in the region.
The World Travel & Tourism Council's 20th Global Summit will take place this year from 22-23 April in Cancun, Quintana Roo, Mexico.
Mexico's hotel industry reported negative performance results during 2019, according to data from STR. Compared with 2018:
Ongoing protests in Chile led to significant declines in the country's hotel occupancy during the final two weeks of October, according to an analysis by STR.
What does a once-in-a-lifetime journey to Costa Rica with Four Seasons look like? Artist duo Hari & Deepti provide a window into the captivating playground that is Four Seasons Resort Costa Rica at Peninsula Papagayo with an intricately crafted paper and light sculpture - revealed here - that brings to life their expedition around the 1,400 acre (570 hectare) peninsula. The delicately assembled work of art tells the story of their extraordinary journey discovering the vibrant destination, its culture, and its people.
Mexico's hotel industry reported negative performance results during Q3 2019, according to data from STR. Compared with Q3 2018:
The World Tourism Organization (UNWTO) has published the first systematic overview of how both national governments and local authorities are addressing and managing new business models in the accommodation industry. The so-called "sharing economy" has experienced significant growth over recent years and is poised to outpace the growth of traditional accommodation. Drawing on case studies from around the world, "New Business Models in the Accommodation Industry" analyses existing rules and regulations for the sector.
NEW YORK, NEW YORK - Preferred Hotels & Resorts, the world's largest independent hotel brand representing more than 750 distinctive hotels, resorts, and residences across 85 countries, today achieved a major milestone in Mexico - reaching 70 member hotels in the country with Marival Distinct Luxury Residences (Preferred Residences), Marival Armony Luxury Resort & Suites (Lifestyle Collection) and Live Aqua Urban Resort San Miguel de Allende (Legend Collection) joining its global portfolio, solidifying the country's position as the second largest hotel market for the brand after the United States. Occurring during the 20th year of the brand's presence in Mexico, the milestone marks an important step for Preferred Hotels & Resorts' growth strategy in Latin America.
Global hospitality and lifestyle company Hakkasan Group today announced plans to open ten new venues throughout Mexico as part of a new partnership with Dinar, a premier hospitality and development company in Mexico. This partnership evidences Hakkasan Group's continued aggressive growth strategy in Mexico and beyond following multiple openings in 2018 including Los Cabos, Mexico and overseas in Bali, Indonesia.
IHG® (InterContinental Hotels Group), one of the world's leading hotel companies, today announces the debut of both the InterContinental® Hotels & Resorts and Hotel Indigo® brands in Peru, with two new properties now under construction in the capital city of Lima. The Hotel Indigo Lima Miraflores will also be the brand's first property in South America. Both hotels are expected to open in early 2022 and will be owned by Inmobiliaria Vistamar and managed by IHG.
Buenos Aires has become the latest city to join the International Network of Sustainable Tourism Observatories (INSTO), a pioneering initiative of the World Tourism Organization (UNWTO) aimed at helping destinations manage tourism in a smart and sustainable manner.
Mexico's hotel industry reported negative performance results during Q2 2019, according to data from STR.
Kimpton® Hotels & Restaurants announced today that the company will unveil their first properties in Mexico in 2020 with the opening of two high-end boutique hotels in the upscale neighborhood of Polanco in Mexico City.
Meliá Hotels International has been named in the ranking of the most important companies in Mexico in 2018 prepared by the Mexican magazine Expansión. The hotel company has also appeared in previous editions of the ranking.
Radisson Hotel Group announced the signings of two new-build Radisson hotels in Brazil in partnership with Atlantica Hotels. The hotels span the country from the Pinheiros District in São Paulo to the northeastern coast in the Flecheiras Village. Each hotel will feature the new Radisson design, which includes a comfortable natural look and feel that encourages a balanced environment. Radisson hotels provide opportunities to create experiences that center around social spaces, food and drink, guest rooms, meetings and wellness through the brands signature amenities.
In its 100th year, Hilton (NYSE: HLT) today announced it is on track to celebrate the 100th hotel milestone in Mexico by 2022. With several new deals announced this year and others in the works, Hilton plans to open approximately 10 hotels per year over the next three years, adding 30 new properties and more than 4,500 rooms to its existing portfolio of nearly 70 hotels in Mexico - the country with one of Hilton's largest portfolios.
The new Observatory is located in the city of La Antigua Guatemala, a UNESCO World Heritage Site and a leading tourism destination. Led by the Instituto Guatemalteco de Turismo (INGUAT) and supported by the Guatemalan government, the Observatory will periodically collect data and scientific evidence as it monitors the effect tourism has on the historic city. This data will then be used to assess how tourism can best be used to help drive sustainable growth and development.