Uber seeks to revolutionize transportation in Latin America

“This year, Latin America will be the highest-growth region for company in the world” director says. Multinational transportation network firm Uber is preparing to launch Uberpool in Latin America, a new service that will identify people close to one another who are going the same direction, and will put them in the same vehicle for a much lower price than each passenger would pay going alone. “We think it will be a transportation revolution in cities like Sao Paulo, where it will be launched first, because this will reduce the number of cars on the streets and will contribute significantly to traffic decongestion,” Rodrigo Arévalo, Uber’s director for Latin America told Latin Trade. Uber was created in 2008 and has […]

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Global Tourism Industry on Track for Full Recovery by 2024

The global tourism industry is set to reach, and possibly surpass, pre-pandemic levels by the end of 2024, according to the World Economic Forum (WEF). Five years post-COVID-19, the sector is experiencing a robust resurgence driven by a surge in international travel, improved air connectivity, and strong rebounds in key regions. However, global dynamics must be managed carefully to ensure stable and continuous growth. In 2023, international tourism reached 88% of its 2019 levels, a significant recovery favored by the reopening of Asian markets, as highlighted by the United Nations World Tourism Organization (UNWTO). The Middle East led the way, surpassing pre-pandemic levels by around 20%, with Europe, the Americas, and Africa following close behind at approximately 90% of their […]