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