Latin America hotel performance was mostly recovered in 2022

8 February 2023
Performance recovery was substantial for most of Latin America’s hotel industry in 2022, with Mexico, Central America and South America easily surpassing their pre-pandemic comparables in revenue per available room (RevPAR).
Tags
Industry Updates
North America
Central and South America
Recovery

Webinar summary: 5 key points on Mexico hotel performance, 8 June 2022

16 June 2022
STR’s latest complimentary webinar focused on hotel performance recovery in Mexico. In addition to the recording that can be accessed here, below are five key points from the webinar on 8 June 2022.
Tags
Central and South America
Webinar
Industry Updates
Hotels
Historical Data

Chile hotels show resilience

24 January 2022
Challenges are nothing new for Chile’s hotels. Different from most other countries though, the country is recapturing occupancy faster than ADR. Find out more in this latest deep dive on Chile’s recovery.
Tags
Central and South America
Hotels
Industry Updates
Historical Data

COVID-19 webinar summary: 5 key points on Brazil hotel performance, 2 December

13 December 2021
On 3 December, we analyzed hotel performance in Brazil amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Central and South America
Webinar
Industry Updates
Hotels
Historical Data

Brazil hotels recovering ADR much faster than occupancy

18 October 2021
Brazil’s hotels are recovering ADR much faster than occupancy due to a shift toward domestic leisure demand as well as a high volume of closures in the lower-tier classes. Read more here.
Tags
Central and South America
Hotels
Industry Updates
Historical Data

A brighter future for Colombia?

8 October 2021
Colombia’s accelerated vaccination rollout and lessened restrictions on eligibility pushed the country’s vaccination rate to 32.1% as of 22 September, according to Our World in Data. Is that growing vaccination rate helping improve hotel performance in this key South American country?
Tags
Central and South America
Hotels
Industry Updates
Historical Data

Is it time to talk about real recovery in South America?

1 October 2021
South America’s August hotel occupancy reached 72% of the 2019 comparable. Does that mean it is time to talk about real recovery in the region?
Tags
Central and South America
Hotels
Industry Updates
Historical Data

2021 Copa América impact on host hotel markets

20 July 2021
There were some noticeable jumps in hotel occupancy during Copa América, but typical day-of-week trends contributed to higher levels in some cases. That and more in this piece on the tournament’s impact on Rio de Janeiro and Brasilia hotel performance.
Tags
Central and South America
Historical Data
Hotels
Industry Updates

Argentina hotels struggling to generate occupancy momentum

7 July 2021
Most of South America’s hotel industry continues to stagnate, and Argentina stands out as a country unable to generate recovery momentum to this point.
Tags
Hotels
Industry Updates
Historical Data
Central and South America

Central/South America’s hotel pipeline is weak, but a handful of markets project significant growth

7 July 2021
Hotel development in the Central and South America region is lagging the rest of the world, but a handful of markets are projected for significant supply growth.
Tags
Central and South America
Hotels
Industry Updates
Supply and Development

Resorts leading recovery in Brazil

14 June 2021
Brazil´s resorts have seen considerable upward movement with leisure demand growing robustly in the country.
Tags
Central and South America
Industry Updates
Historical Data
Hotels

Bogotá hotel performance update: what’s next?

14 June 2021
While COVID-19 vaccination programs continue to inoculate travelers around the world, lockdowns in many regions have yet to fully lift, leading to continued challenges. Bogotá, where a lockdown until June along with protests in Colombia have led to a significant impact on hotel performance.
Tags
Hotels
Forward Data
Industry Updates
Historical Data
Central and South America

Measuring South America’s ADR recovery

9 June 2021
April produced South America’s first year-over-year increase in ADR since 2019. But absolute levels remain well behind the pre-pandemic comparables. One key market (Lima) is even further behind.
Tags
Central and South America
Hotels
Industry Updates
Historical Data

Latin America regional markets: recovery leaders

23 February 2021
Regional markets in Latin America continue to lead recovery as performance in key cities has lagged. In this article, we analyzed that trend for several key markets to assess where occupancy recovery stood at the end of 2020.
Tags
Central and South America
Hotels
Industry Updates
Historical Data

Update on Brazil: Leisure vs. Corporate destinations

22 February 2021
Since Brazil started to emerge from COVID-19 isolation, domestic leisure demand has returned at a modest level while international and group demand are unlikely to return in the short-term restrictions remain in place.
Tags
Central and South America
Hotels
Industry Updates
Historical Data

Beach destinations lead New Year’s performance in Latin America

17 February 2021
Latin America’s beach destinations, always popular on the international and domestic tourist trails, have been key to hotel performance recovery even with restrictions on international travel.
Tags
Central and South America
Hotels
Industry Updates
Historical Data

COVID-19 webinar summary: 5 key points on Brazilian hotel performance, 9 February

11 February 2021
On 9 February, we analyzed hotel performance in Brazil amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Webinar
Central and South America
Hotels
Industry Updates
Benchmarking

COVID-19 webinar summary: 5 key points on Latin America hotel performance, 2 February

8 February 2021
On 2 February, we analyzed hotel performance in Latin America amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Central and South America
Webinar
Benchmarking
Hotels
Industry Updates

COVID-19 webinar summary: 5 key points on Brazil hotel performance, 9 December

29 December 2020
On 9 December, we analyzed hotel performance in Brazil amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Webinar
Benchmarking
Central and South America
Hotels

Bogota occupancy on the books update

22 December 2020
Bogota’s occupancy levels improved in the months that followed the lifting of Colombia’s lockdown. However, a look ahead courtesy of #ForwardSTAR suggests that momentum is stopping.
Tags
Central and South America
Hotels
Industry Updates
Forward Data

COVID-19 webinar summary: 5 key points on Latin America hotel performance, 1 December

3 December 2020
On 1 December, we analyzed hotel performance in Latin America amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Central and South America
Hotels
Industry Updates
Historical Data
Webinar

Pandemic impact on the Southern Cone's development pipeline

30 November 2020
After analyzing the pandemic impact on the hotel pipeline in Australia and New Zealand, STR jumps regions to look at the COVID-19 impact on hotel development in the Southern Cone (Chile, Uruguay, and Argentina).
Tags
Central and South America
Hotels
Historical Data
Industry Updates

Attrition high in Brazil’s hotel pipeline

27 November 2020
STR recently analyzed the pandemic impact on hotel development in Southern Cone countries. Brazil’s southern states also sit within that cone, but rather than limit the analysis, we looked at the pipeline for all of Brazil.
Tags
Central and South America
Hotels
Supply and Development

Where is Colombia in the recovery cycle?

11 November 2020
On 1 September, Colombia lifted one of Latin America's longest COVID-19 lockdowns, scrapping most restrictions after more than five months of quarantines. Now the focus is on how much this lockdown will impact hotel performance into the coming months.
Tags
Central and South America
Industry Updates
Historical Data
Hotels

Regional destinations ahead in Costa Rica’s recovery

3 November 2020
As Latin American countries begin to emerge from COVID-19 isolation, new trends in hotel performance have emerged, suggesting a clear preference for regional destinations. Costa Rica has been no exception.
Tags
Central and South America
Industry Updates
Historical Data
Hotels

Has Argentina’s recovery started?

19 October 2020
Argentina had some of Latin America’s lowest occupancy levels (below the 10% mark). How has the country’s longer lockdown affected hotel performance recovery? Find out more here.
Tags
Central and South America
Industry Updates
Hotels
Historical Data

COVID-19 webinar summary: 5 key points on Brazil hotel performance, 29 September

8 October 2020
On 29 September, we analyzed hotel performance in Brazil amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Central and South America
Webinar
Hotels
Benchmarking

Where is Brazil in the recovery cycle?

5 October 2020
Brazil, like many nations, has lifted COVID-19-related entry restrictions for travelers and provided an additional flow of demand for reopening hotels. However, reopening measures are determined on a state level. How has this affected Brazil’s recovery?
Tags
Central and South America
Industry Updates
Hotels
Historical Data
Supply and Development

Tracking Peru's recovery

1 October 2020
On 16 March, Peru imposed one of the earliest, strictest, and longest lockdowns in Latin America to stop the spread of COVID-19. The county's borders were shut, curfews were imposed, and residents were only permitted to leave their homes for essential goods.
Tags
Central and South America
Industry Updates
Hotels
Historical Data
Supply and Development

COVID-19 webinar summary: 5 key points on Latin America hotel performance, 16 September

22 September 2020
On 16 September, we analyzed hotel performance in Latin America amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Central and South America
Webinar
Hotels
Benchmarking

COVID-19 webinar summary: 5 key points on Latin America, 28 April

29 April 2020
On 28 April, we analyzed hotel performance in the Latin America region amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Central and South America
Hotels
Forward Data
Industry Updates
Historical Data

COVID-19 webinar summary: 5 key points on Latin America, 21 April

22 April 2020
On 21 April, we analyzed hotel performance in the Latin America region amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Hotels
Forward Data
Industry Updates
Central and South America
Historical Data

COVID-19 webinar summary: 5 key points on Latin America, 14 April

15 April 2020
To provide further insights into the impact of COVID-19 on hotel performance, we’ve compiled five key findings from this 14 April Latin America webinar.
Tags
Forward Data
Industry Updates
Hotels
Central and South America
Historical Data

COVID-19 webinar summary: 5 key points on Latin America (7 April)

8 April 2020
To provide further insights into the impact of COVID-19 on hotel performance, we’ve compiled five key findings from this 7 April Latin America webinar.
Tags
Forward Data
Hotels
Industry Updates
Historical Data
Central and South America

COVID-19 webinar summary: 5 key points on Latin America (31 March)

6 April 2020
To provide further insights into the impact of COVID-19 on hotel performance, we’ve compiled five key findings from this 31 March Latin America webinar.
Tags
Hotels
Central and South America
Historical Data
Industry Updates
Forward Data

COVID-19 webinar summary: 5 key points on Latin America hotel performance, 24 March

26 March 2020
To provide further insights into the impact of COVID-19 on hotel performance, we’ve compiled five key findings from this 24 March Latin America webinar.
Tags
Central and South America
Historical Data
Forward Data
Hotels
Industry Updates