As 2023 ends, regional HVS leaders across the globe take a look back at how the global hotel industry fared this year. Overall, operating metrics shined brightly, with revenue growth achieved in most global markets, while investment activity cooled. The investment market is expected to improve in 2024.
After several economic and political disruptions across South America, there is now greater clarity in several countries, giving rise to compelling opportunities in some urban markets and across the leisure sector. The outlook appears bright throughout much of the region.
As the South American hotel industry is recovering after the pandemic hit the continent hard, Richard Katzman (Managing Director, HVS Mexico City) and Fernanda L'Hopital (Senior Project Manager, HVS Buenos Aires) gave an interview to TOPHOTELNEWS about the current status of development prospects across this continent.
The COVID-19 pandemic and resulting restrictions on domestic and international travel, economic activity, and individual movement are having an unprecedented impact on the lodging and tourism industry in Latin America. While government authorities across the region work to manage restrictions and phased reopening plans, uncertainty prevails over the duration of the global pandemic.
The recent performance of South America in terms of economic growth and political and institutional stability has attracted interest among investors in the region offering significant opportunities for potential investors.
2010 South America Hotel Market Overview offers a detailed Economic and Tourism analysis focusing on four key markets – Buenos Aires, Santiago, Lima and Bogota, setting future trends and opportunities.
This is the first in a series of market snapshots that HVS Buenos Aires will be producing for booming markets within South America. The first to be selected is the Buenos Aires luxury and upper-upscale markets.
This is the second in a series of market snapshots that HVS Buenos Aires will be producing for different booming markets within South America. The second to be selected is the Santiago -Chile- luxury and upper-upscale markets.
The hotel industry keeps pace with the growth of the economy at a global level, and for Latin American countries opportunities for development are many
HVS Buenos Aires participa activamente del desarrollo de emprendimientos hoteleros y turísticos en la Argentina, acompañando el crecimiento de un sector en pleno auge.