The Caribbean and Mexico hotel development pipeline comprises 167 hotels totaling 28,140 rooms.
In a world of ever-increasing work demands, it seems people are becoming more stressed than before.
STR Global is reporting hotels in Brazil have experienced declines in revenue per available room as they prepared to host the FIFA World Cup.
Central and South America's hotel development pipeline comprised of 390 hotels totaling 63,780 rooms.
The outlook for Mexico's hotel industry is positive as the country enjoys a promising economic and political environment
The company is in talks to add hotels in Rio de Janeiro and Brasilia. A second site in Sao Paulo could come later.
Strategic Hotels & Resorts has entered into an agreement to sell the Four Seasons Punta Mita Resort to Cascade Investment, the private investment arm for Bill Gates, for $200 million.
Global airline passenger travel is expected to grow by five percent annually until 2017, with the Middle East and Asia-Pacific leading international passenger growth, according an industry forecast from the International Air Transport Association.
Home2 Suites by Hilton announced today the opening of its first location outside of the United States, marking its entry into Latin America. The new location, Home2 Suites by Hilton Queretaro, Mexico, will be the brand's 24th hotel.
The number of people visiting the Caribbean from January to July 2013 reached 15.6 million, barely shifting from last year.
The increasing cost of healthcare in first-world countries has made medical tourism a thriving industry. Instead of traveling for sea views or mountain hiking, tourists are traveling for medical treatment.
Property mogul Donald Trump has quietly purchased a luxury villa on the Caribbean island of St. Martin, a property which he describes as "one of the greatest mansions in the world." No sale price was announced, but the estate was listed for $19.7 million.
The Ritz-Carlton Hotel Company plans to expand its Reserve hotel collection with a resort on Pearl Island, located 45 miles south of Panama City. The Ritz-Carlton is part of the second phase of a luxury real estate and leisure island development on the 3,500-acre Pearl Island.