International hotel chains bet on Latin America for growth

Interview with SAHIC President Arturo García Latin America is becoming a hotspot for international hotel chains, as recovering economies spur demand for rooms. Arturo García Rosa, president and founder of SAHIC, a platform for hotel and tourism deal making in the region, spoke with Latin Trade about the growth potential, challenges and trends in the sector. Why are international hotel chains targeting Latin America? Outside of Brazil, the region is behind in forging alliances between private hotel developers and international chains. But there is no longer any doubt about the need to partner with a chain on development. There are a lot of independent properties in Latin America, and more and more of them want to partner with hotel chains. […]


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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 […]