Breaking Travel News

Latin America Tourism News

PriceTravel Holding leads Latin American expansion

PriceTravel Holding leads Latin American expansion

19 September 2024 Press Release Organisations & Operators

PriceTravel Holding, the leading Latin American travel company with 25 years in the market, has achieved 90% year-over-year (YoY) growth in sales from January to August in its LATAM region. This growth is fueled by the company’s expansion strategy, with the simultaneous launch of operations in 2024 across Latin America: Argentina, Brazil, Perú, Chile, Ecuador, and Uruguay; as well as the United States and Europe. These new operations add to its already consolidated presence in Mexico, where it began operations in 2000, and in Colombia since 2012, further strengthening its leadership in the region’s travel product distribution sector.

Travel & Tourism in Latin America Could Boost Region’s Economy by US$260BN Over the Next Decade

Travel & Tourism in Latin America Could Boost Region’s Economy by US$260BN Over the Next Decade

15 July 2024 Press Release Tourism News Organisations & Operators

The World Travel & Tourism Council (WTTC), in collaboration with VFS Global, revealed that the Latin American (LATAM) Travel & Tourism sector could add nearly US$260BN to the region’s economy and create nearly eight million new jobs over the next 10 years. According to the report, ‘Unlocking Opportunities for Travel & Tourism Growth in LATAM’, this potential growth is dependent on three key policies to unlock annualised growth of 3.4%, reaching a contribution of nearly US$909.2BN.

IHG Hotels & Resorts heats up in Mexico, Latin America and the Caribbean with exciting openings

IHG Hotels & Resorts heats up in Mexico, Latin America and the Caribbean with exciting openings

3 June 2024 Press Release Hotel News

IHG Hotels & Resorts (IHG), one of the world’s leading hotel companies, today celebrates its exceptional luxury and lifestyle growth in Mexico, Latin America and the Caribbean (MLAC). Already one of the largest luxury and lifestyle portfolios in the world, this expansion underscores IHG’s strategic focus, significant investment, and ambitious growth plans in the region for this important segment