Lodging (Destination)

Lodging in Peru faced a challenging year in 2023, primarily due to social protests in the southern regions and floods in the northern areas during the first half of the year. These disruptions significantly hampered tourism, leading to a notable…

In 2024, there has been a significant decrease in hotel occupancy rates in Ecuador, reflecting the deep crisis in the lodging (destination) sector in Ecuador. Hotels have suffered from the rising levels of insecurity in the country, which has…

An increase in energy and labour costs, in addition to fluctuations in the exchange rate with respect to the US dollar, has challenged lodging operators in Mexico to maintain profitability, while also facing a greater room offer and thus competition.…

The hotel landscape in Colombia is experiencing notable growth, reflecting the country's strengthening as an expanding destination. Following the outbreak of COVID-19, there has been an increase in licenses granted for hotel projects, with 349,000…

Following a significant downturn due to the impact of COVID-19, hotels in Chile experienced a remarkable recovery in 2023. The category ended 2022 with considerable improvements, approaching pre-pandemic levels in terms of value sales, and this…

The lodging landscape in Brazil in 2024 is marked by recovery, with improvements seen in several key cities, including major capitals such as São Paulo, Rio de Janeiro, Brasília, Curitiba, Belo Horizonte, Salvador, Porto Alegre, Recife, Fortaleza,…

While there are significant opportunities for luxury hotels across Argentina, given their relative scarcity, the number of these lodgings has not increased significantly due to ongoing economic instability, which deters companies from making the…

As the COVID-19 pandemic drives seismic shifts across consumer markets, the key question facing business strategists is which of these changes are more reactionary in nature versus signalling the start of a long-term behavioural shift. This briefing…