Hotel Destinations Report - 2019

Travel and tourist
arrivals in Latin
America growing
rapidly - hotel
growth responds

Travel and tourist arrivals in Latin America to reach 81.6 million by 2028, growing at an average of 4.8% per year

This edition of Hotel Destinations Latin America publication, an annual overview providing a snapshot of key and emerging hotel markets across the continent, includes a selection of notable hotels trends, recent transactions, upcoming new projects and a summary of key  market statistics for each destination.

Regional Summary highlights

2018 was characterized as a transitional year for the region

Presidential generated uncertainty but most economies are starting to forecast positive economic outlook

Rise in intraregional travel

Devaluation of regional currencies against the US dollar, rising middle class families and first-time travelers, and low-cost regional airlines contribute to growth in intraregional travel

Infrastructure improvements to bolster destination’s growth

Airport expansion plans and private investments in other transportation- and real estate-related infrastructure accelerates growth in the mid- to long-term

Political and macroeconomic uncertaintly in Mexico and Argentina in 2019

Upcoming elections in Argentina, rising inflation and interest rates, contraction in the economy, and diverging political views, are impacting the overall economic outlook in Argentina. In Mexico, uncertainty around new administration is causing concern about major project cancellations

Quick facts

Region at a glance

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